Company Update

Emblaze Ltd (LSE:BLZ) ("Emblaze" or "the Company") Company Update Herzeliya, Israel, 02 October 2013 Further to the Company's announcements of 22 August 2013 (the "22 AugustAnnouncement") and 27 August 2013, the Company notes the announcement of BGIissued on 23 September 2013 to the Israeli Securities Authority and StockExchange which reported that BGI has now obtained all outstanding approvals inconnection with the Assignment. Following such approvals, on 23 September 2013 BGI entered into a bindingagreement with Fortissimo for the assignment to Chabad 770 of the Optionsrelating to the 8,883,757 ordinary shares of the Company held by Fortissimo. BGI and Chabad are working towards entering into binding agreements for theAssignment with the other sellers referred to in the 22 August Announcement. All capitalised terms shall have the meaning defined in the 22 AugustAnnouncement unless otherwise defined herein. Enquiries: Hagit Gal +972 9 7699302Emblaze Ltd. Emblaze is traded on the London Stock Exchange (LSE: BLZ) since 1996.www.emblaze.com