EMBLAZE LTD - BGI Investments (1961) Ltd. Cash Offer - Extension

                             Emblaze Ltd (LSE:BLZ)

                         ("Emblaze" or "the Company")

              BGI Investments (1961) Ltd. Cash Offer - Extension

Herzeliya, Israel, 13 January, 2014

Capitalised terms will have the meanings ascribed to them in the Company's
announcement of 24 December, 2013.

Further to the Company's announcement of 24 December, 2013 and in line with the
terms of the Offer, BGI has informed the Company that in order to accommodate
as many shareholders and depository interest holders of the Company as
possible, and at the request of certain shareholders and depository interest
holders in light of technical issues due to the Christmas festive period, the
deadline for accepting the Offer will be extended until 17 January 2014, so
that the revised expected timetable shall be as follows:

Record date relating to the despatch of this                  23 December, 2013
document

Posting of Offer documents to Shareholders                    30 December, 2013
and Depository Interest Holders

Latest time and date for receipt of Forms of         1.00pm on 17 January, 2014
Acceptance, TTE Instructions from Depository
Interest Holders and Tax Declaration Forms

Outcome of Tender Offer announced after           By 8.00am on 20 January, 2014
initial final date for acceptance

Latest time and date for receipt of Forms of         1.00pm on 23 January, 2014
Acceptance, TTE Instructions from Depository
Interest Holders and Tax Declaration Forms,
in circumstances where there is an Additional
Acceptance Period

Outcome of Tender Offer announced (if             by 8.00am on 24 January, 2014
relevant), following Additional Acceptance
Period

Cheques despatched for Emblaze Shares                       By 6 February, 2014
purchased pursuant to the Tender Offer and
payment through CREST for Depository
Interests purchased pursuant to the Tender
Offer

CREST accounts credited for revised holdings                by 6 February, 2014
of Depository Interests; and

TFE instructions to be made in CREST for the
return of Depository Interests where a vote
against the Offer has been made

Despatch of balance share certificates for                  by 6 February, 2014
unsold Emblaze Shares

The Company will continue to notify shareholders of any updates with regard to
the Offer by issuing further announcements via PRN, a Regulatory Information
Service. All such announcements may also be viewed at the same time on the
Company's website at www.emblaze.com.

Enquiries:

Hagit Gal, Emblaze hagit.gal@emblaze.com

The Emblaze Group has been traded on the London Stock Exchange (LSE: BLZ) since
1996.

www.emblaze.com