TR-1: Notification of Major Interest in Sharesi

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 X 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): 3. Full name of person(s) subject to the Fortissimo Capitalnotification obligation:iii Management Ltd. 4. Full name of shareholder(s) N/A (if different from 3.):iv 5. Date of the transaction and date onwhich the threshold is crossed or April 28, 2014reached: v 6. Date on which issuer notified: April 28, 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 Situation previous Resulting situation after the triggering transactionof to the triggeringshares transaction Number Number Number Number of voting % of voting rightsif possible of of of shares rights xusing Shares Votingthe ISIN Rights Direct Direct xi Indirect Direct IndirectCODE xii Ordinary 5,541,524 0% (see 4,541,524 0% (see 4,541,524 0% (see 4.12%Shares item 13) item 13) item 13) 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 4,541,524 (indirect - see item 13) 4.12% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi Fortissimo Capital Management Ltd, is the management company of the followingaffiliated funds on whose behalf it acquired shares: Fortissimo Capital Fund(Israel) LP; Fortissimo Capital Fund (Israel-DP), LP; Fortissimo Capital Fund,LP; and Fortissimo Capital Fund II (Israel) LP. See item 13 as well. Proxy Voting: 10. Name of the proxy holder: Israel 18 B.V. 11. Number of voting rights proxy holder will cease 4,541,524 (4.12%)to hold: 12. Date on which proxy holder will cease to hold August 14, 2015voting rights: Granted call option to Israel 18 B.V. (previously Chabad 770 B.V.) to13. Additional acquire remaining holdings through April 30, 2014 as well as a proxy toinformation: vote all of Fortissimo's shares through August 14, 2015. Information with respect to voting rights and thresholds is based on the number of ordinary shares in issue (excluding shares held in Treasury) being 109,990,252 ordinary shares. 14. Contact Marc Lesnickname: 15. Contacttelephone +972 3 915 7466number: