BSD B.s.d Crown Ltd

                             Emblaze Ltd (LSE:BLZ)

                         ("Emblaze" or "the Company")

                                Company Update

                                 Call Options

Tel Aviv, Israel, 14 February, 2014

Call Options

Capitalised terms will have the meanings ascribed to them in the Company's
announcements of 15 August 2013, 22 August 2013, 24 December, 2013, 13 and 16
January, 2014.

Further to the Company's announcement of 16 January, 2014, Israel 18 B.V.
(formerly known as Chabad 770 B.V.) has informed the Company that it has
provided a down payment on account of the consideration to be paid in respect
of the Call Options and that it has agreed with the Sellers who granted it the
Call Options, to further extend the Interim Period for exercise of such Call
Options by a few months.

The Company will continue to notify shareholders of any updates with regard to
Call Options 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:

Eyal Merdler, CFO: eyal@bgi.co.il

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

www.emblaze.com