Youku to Release First Quarter Financial Results on May 5, 2011

The earnings teleconference call with simultaneous webcast will take place at 9:00 p.m. Eastern Time on Thursday, May 5, 2011 (Beijing/Hong Kong Time: 9:00 a.m., Friday, May 6, 2011). Youku's management will be on the call to discuss the quarterly results and answer questions.

To participate in the conference call, please RSVP to Ryan Cheung by email at ryan.cheung@youku.com

Interested parties may participate in the conference call by dialing one of the following numbers below and entering passcode Youku#, 10-15 minutes before the call starts.

This call will be webcast live and the replay will be available for 12 months. Both will be available on the Investor Relations section of Youku's corporate website at http://ir.youku.com

About Youku

Youku.com Inc. is China's leading Internet television company. Our Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices. Youku, which stands for "what's best and what's cool" in Chinese, is the most recognized online video brand in China. Youku's American depositary shares, each representing 18 of our Class A ordinary shares, are traded on NYSE under the symbol "YOKU".