Shanghai, China – December 15, 2007 – China Seed Ventures (“CSV”) (website: www.csvcp.com), a private equity firm targeting early-stage growth capital investments in China, announces the final closing of its inaugural fund, China Seed Ventures, L.P. (the “Fund”). The Cayman Islands-registered Fund has raised US$45 million in capital commitments, significantly exceeding its original fundraising target of US$30 million.

The Fund received capital commitments from over 30 institutional, corporate, and individual LP investors from the US and Asia. The Fund’s largest investor is Massachusetts Mutual Financial Group (“MassMutual”), a US Fortune 500 company based in Springfield, Massachusetts, whose investment was made through Babson Capital Management LLC, MassMutual’s investment management affiliate. Other notable Fund investors include The CSK Group, a publicly-traded Japanese IT services company, Mizuho Financial Group, Japan’s second largest financial institution.

CSV’s principals started investing together in China in 2004 and completed the first closing of the Fund in 2006. CSV currently employs a team of 10 full-time and 3 part-time professionals based primarily in Shanghai, China. The Fund has to date invested in 12 portfolio companies in sectors including traditional media, Internet, wireless software and services, business process outsourcing, IC design, marketing services, and medical equipment.

Representative portfolio companies include:

· iMedia, a leading Chinese out-of-home media operator
· CDP Group, China’s leading provider of outsourced HR/payroll processing services
· Roadway, a leading Chinese database marketing firm
· China Business Exchange, a Website providing classified listings of small businesses for sale
· Peptalk, a mobile software developer
· Applied Harmonics, a developer of medical laser systems for prostate surgery

For further information about CSV, please contact Earl Yen at earl@csvcp.com.