BSD.L Regulatory News (BSD)

Emblaze Ltd (LSE:BLZ) ("Emblaze" or "the Company") BGI Investments (1961) Ltd. Cash Offer Herzeliya, Israel, 29 January, 2014 Cash Offer Capitalised terms will have the meanings ascribed to them in the circular (the"Circular") published on 24 December, 2013 and sent to holders of Shares andDepositary Interests on 30 December 2013 setting out the terms of the Offer. Further to the Company's announcements of 24 December, 2013, 13 January, 2014,16 January, 2014 and 24 January, 2014, BGI has informed the Company that as at1.00pm on 28 January, 2014 (being the last time and date for receipt of Formsof Acceptance, TTE Instructions from Depositary Interest Holders and TaxDeclaration Forms following the expiry of the Additional Acceptance Period), atotal of 44,513,267 Emblaze Shares from non-Interested Parties and 57,487Emblaze Shares from Interested Parties have been tendered in connection withthe Offer, which in in aggregate amounts to 44,570,754 Emblaze Sharesrepresenting approximately 40.52% of the Existing Issued Share Capital. Prior to the expiration of the Offer Period, the Extended Group held (or heldoptions in relation to) approximately 43,016,965 shares of the Company,representing approximately 39.1% of the Existing Issued Share Capital. Pursuantto the Offer, BGI purchases an additional 5,499,513 shares of the Company,representing 5% of the Existing Issued Share Capital, and the Extended Groupwill hold (or will hold options in relation to) approximately 48,516,478 sharesof the Company, representing approximately 44.1% of the Existing Issued ShareCapital. Chabad 770 is now entitled to exercise the call options granted to it inrelation to the BGI Option Shares and it is expected that following suchexercise, the Extended Group will hold 48,516,478 shares of the Company,representing approximately 44.1% of the Existing Issued Share Capital. Shareholders and Depositary Interest Holders who tendered Ordinary Shares aspart of the Offer will be treated in accordance with the terms set out in theCircular and the timetable set out below as regards the payment for theirEmblaze Shares and/or return of their Shares or Depositary Interests Cheques despatched for Emblaze Shares by 11 February, 2014purchased pursuant to the Tender Offer andpayment through CREST for Depositary Interestspurchased pursuant to the Tender Offer CREST accounts credited for revised holdings by 11 February, 2014of Depositary Interests; and TFE instructions to be made in CREST for the by 11 February, 2014return of Depositary Interests where a voteagainst the Offer has been made Despatch of balance share certificates for by 11 February, 2014unsold Emblaze Shares Enquiries: Hagit Gal, Emblaze hagit.gal@emblaze.com The Emblaze Group has been traded on the London Stock Exchange (LSE: BLZ) since1996.

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