BSD.L Regulatory News (BSD)

Emblaze Ltd (LSE:BLZ) ("Emblaze" or "the Company") Publication of annual report Tel Aviv, Israel, 25 April, 2014 Publication of annual report Further to the Company's announcement of 28 March, 2014 and associatedpublication of the Financial Statements, yesterday the Company's board ofdirectors approved the annual report of the Company for the year ended 31December 2013 (the "Annual Report"). In accordance with Listing Rule 14.3.6R, a copy of the Annual Report will beavailable at the UKLA's National Storage Mechanism and will be available forinspection at www.morningstar.co.uk/uk/NSM. In addition, the Annual Report willbe available from today on the Company's website, www.emblaze.com. The following `Highlights' statement reflects those included in the AnnualReport and replaces the statements made in the Company's announcement on 28March 2014. Highlights The following sections reflect the position of the Company as at 31 December2013 as well as several updates relating to the period from 1 January 2013until the date of this report. * Primary assets as at 31 December 2013: * a 95 per cent. interest in Emoze Ltd, a provider of mobile push messaging and push content solutions for handset manufacturers, mobile operators and enterprises; and * cash and cash equivalents; * Continued strong cash position with cash, short term deposits and financial assets of US$159.6 million, which include: * US$3 million in cash and short term bank deposits with an original maturity of three months or less from date of acquisition; and * US$156.6 million in short term bank deposits with an original maturity of more than three months from date of acquisition (including an amount of US$121.7 million which was deposited in trust by the Company for the purposes of the previously proposed acquisition of a controlling stake in IDB Holding Corporation Ltd and were subsequently repaid to the Company following the abortion of said transaction). In order to allow for the implementation of future acquisition opportunities,the Company's main objective with respect to its cash portfolio was, andremains, the preservation of cash value and liquidity, by maintaining aconservative investment policy; * Revenues for the year ending 31 December 2013 totalled US$1.9 million (2012: US$2.1million) and loss from continued operations totalled US$(3.0) million (2012: gain of US$0.9 million); * In November 2013, the Company transferred its listing from the Premium Segment to the Standard Segment of the Official List of the London Stock Exchange. * During 2013 the Company has purchased 841,782 of its own shares for an aggregate amount of approximately US$687,000, net of related expenses. The total issued share capital of the Company as at 31 December 2013 was 140,578,154 of which 109,990,252 ordinary shares are outstanding, and 30,587,902 shares are held in treasury. * In March 2014, the Company announced that it signed an agreement to acquire from Zwi Williger ("ZW") and Joseph Williger ("JW" and, together with ZW, the "Sellers") a controlling stake in Willi-Food Investments Ltd ("WFI"), a company listed on the Tel Aviv Stock Exchange, a company which in turn, owns approximately 58 per cent. of G Willi-Food International Ltd ("WFINT" and together with WFI, "Willifood"), a company listed on NASDAQ. The acquisition of the controlling stake in Willi-Food Investments Ltd. is deemed a reverse takeover under the Listing Rules and trading in the Company's shares was accordingly suspended on 3 March 2014. Further information about the Company For more information about the Company, visit www.emblaze.com. Enquiries: Eyal Merdler, CFO: eyal.merdler@emblaze.com 1

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