[Youku Tudou Inc. Announces Appointment of Two Directors to Company’s Board of Directors Following the appointments of Mr. Wang and Mr. Foo, the Company has a nine-member board of directors with five of the board members being independent directors. Mr. Wang is the founder of Tudou, a leading Internet video company in China and which became a wholly owned subsidiary] [YOUKU TUDOU INC. 11/F, SinoSteel Plaza , 8 Haidian Street Beijing 100080 , People’s Republic of China Form 20-F x Form 40-F o o o Yes o No x YOUKU TUDOU INC.]

[Youku Tudou Inc. and Tudou Holdings Limited Announce Completion of Merger Under the terms of the Merger Agreement, each Tudou Class A ordinary share and Tudou Class B ordinary share (not including Tudou Class B ordinary shares represented by Tudou American depositary shares (“Tudou ADSs”)) issued and outstanding immediately prior to the effective time of the Merger has been cancelled] [THE COMPANIES LAW (2011 REVISION) OF THE CAYMAN ISLANDS COMPANY LIMITED BY SHARES AMENDED AND RESTATED MEMORANDUM OF ASSOCIATION OF YOUKU TUDOU INC. Adopted by a Special Resolution passed on August 20, 2012 Effective on August 23, 2012 1. The name of the Company is Youku Tudou Inc. 2. The registered office of the Company shall be at the offices] [YOUKU TUDOU INC. 11/F, SinoSteel Plaza , 8 Haidian Street Beijing 100080 , People’s Republic of China Form 20-F x Form 40-F o o o Yes o No x YOUKU TUDOU INC.]

[Youku Announces Approval of Shareholder Resolutions Relating to the Proposed Merger with Tudou The parties expect to complete the Merger as soon as practicable. Upon completion of the Merger, Tudou will become a privately held company wholly-owned by Youku, and Tudou’s American depositary shares will no longer be listed on the NASDAQ Global Market. About Youku Inc. For more information,] [YOUKU INC. 11/F, SinoSteel Plaza , 8 Haidian Street Beijing 100080 , People’s Republic of China Form 20-F x Form 40-F o o o Yes o No x]