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 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 Capital Management Ltdnotification obligation:iii 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 14 August 2013reached: v 6. Date on which issuer notified: 21 August 2013 7. Threshold(s) that is/are crossed or 8%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 rights xif possible of of of shares rightsusing Shares Votingthe ISIN Rights Direct Direct xi Indirect Direct IndirectCODE xii 0% 0 18,782,880 18,782,880 8,883,757 8,883,757 (see item 8%IL0010830219 (see item 13) 13) B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of votingfinancial date xiii Conversion Period xiv rights that may be rightsinstrument 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 price Expiration Exercise/ Number of voting rights % of voting rightsfinancial date xvii Conversion instrument refers to xix, xxinstrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 8,883,757 8% 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: BGI Investments (1961) Ltd 11. Number of voting rights proxy holder willcease 8%to hold: 12. Date on which proxy holder will cease tohold 24 months (Aug 14, 2015)voting rights: 13. Additional information: Sold shares to BGI Investments (1961) Ltd and provided BGI or a party affiilated with the owner of BGI with a call/put option for remainder of shares. BGI or such affiliated entity has a proxy to vote remaining shares for period of 24 months which will enter into full force and effect with and subject to the success of the special tender offer, which BGI intends to publish regarding the acquisition of additional shares of issuer. 14. Contact name: Hagit Gal 15. Contact telephone number: +972.9.7699302