Notification of major interests in shares

12th Jan 2009 11:21

TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying issuer of Emblaze Ltd existing shares to which voting rights are attached:

2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights Other (please specify):______________ 3. Full name of person(s) subject to the notification Fortissimo obligation: Capital Management Ltd. 4. Full name of shareholder(s) (if different from 3.): N/A

5. Date of the transaction (and date on which the threshold 07 January 2009 is crossed or reached if different):

6. Date on which issuer notified: 08 January 2009 7. Threshold(s) that is/are crossed or reached: 10% 8. Notified details:

A: Voting rights attached to shares

Class/type Situation previous Resulting situation after the triggering of shares to the Triggering transaction

transaction if possible

using the Number of Number of Number of Number of voting % of voting ISIN CODE Shares Voting shares rights rights Rights Direct Indirect Direct Indirect Ordinary 4,582,738 4,582,738 15,814,402 15,814,402 14.15% Shares IL0010830219 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that may % of financial date Conversion be acquired if the instrument is voting instrument Period/ Date exercised/ converted. rights Total (A+B) Number of voting rights % of voting rights 15,814,402 14.15%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Fortissimo Capital Management is the management company of the following affiliated funds for which Fortissimo Capital Management aquired these shares:

Fortissimo Capital Fund (Israel) LP Fortissimo Capital Fund (Israel-DP), LP Fortissimo Capital Fund, LP; and Fortissimo Capital Fund II (Israel) LP

Proxy Voting: 10. Name of the proxy holder: N/A

11. Number of voting rights proxy holder will cease to hold: N/A

12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional Notification using the total voting rights figure of information: 111,718,432 shares in issue as disclosed by Issuer on 18 December 2008 14. Contact Hagit Gal, Emblaze Ltd. name: 15. Contact telephone +972 9 7699302/39 number:

vendor

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Related Shares:

BSD.L