Notification of Major Interest in Shares

For filings with the FCA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights are Emblaze Ltd.attached:ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights An acquisition or disposal of qualifying financial instruments which may resultin the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights Other (please specify): Acquisition/disposition of voting rights x 3. Full name of person(s) subject to the Israel 18 B.V. ("notification obligation:iii Israel 18") 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and date onwhich the threshold is crossed or 20 March, 2014reached: v 6. Date on which issuer notified: 20 March, 2014 7. Threshold(s) that is/are crossed or 5%reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous Resulting situation after the triggeringshares to the triggering transaction transaction if possible Number Number Number Number of voting % of voting rightsusing of of of shares rights xthe ISIN CODE Shares Voting Rights Direct Direct Indirect Direct Indirect xi xii IL0010830219 5,092,233 38,149,436 5,092,233 Nil Nil Nil Nil B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of votinginstrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting rights % of votingfinancial price date xvii Conversion instrument refers to rights xix, xxinstrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights Nil Nil 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi Proxy Voting: 10. Name of the BGI Investments (1961) Ltd. ("BGI")proxy holder: 11. Number ofvoting rightsproxy holder will 10,633,757ceaseto hold: On the earlier of: (i) termination of the proxy by mutual consent of12. Date on which Israel 18 and BGI; (ii) when either Israel 18 or BGI ceases to be anproxy holder will equity holder of Emblaze Ltd.; (iii) when Israel 18 ceases to be thecease to hold controlling shareholder of BGI; or (iv) in respect of 5,541,524voting rights: ordinary shares previously held in proxy by Israel 18 on behalf of Fortissimo Capital Management Ltd., August 14, 2015. Information with respect to voting rights and thresholds is based on the13. Additional number of ordinary shares in issue (excluding shares held in Treasury)information: being 109,990,252 ordinary shares. 14. Contact Doron Shamirname: 15. Contacttelephone +31 (0) 20 670 4455number: