CSS containing exact text

You can solve this with cssContainingText as well if you use a regexp with an exact match for the second argument, e.g.:

element(by.cssContainingText('option', /^Value 1$/))

See related SO post here: Match whole string

The by.cssContainingText() is a partial match locator by definition. If you want to have an exact match, you can solve it with an XPath expression:

element(by.xpath('//option[. = "Value 1"]')).click();

And, since you are dealing with select and options, see if this wrapper would be a good fit:

• Select -> option abstraction