BSD B.s.d Crown Ltd

                             Emblaze Ltd (LSE:BLZ)

                         ("Emblaze" or "the Company")

                                Company Update

Tel Aviv, Israel, 27 March, 2014

Capitalised terms will have the meanings ascribed to them in the Company's
announcement of 3 March 2014.

Further to the Company's announcement of 3 March 2014, the Company announces
that on 26 March 2014, the Israeli anti-trust authority approved the
consummation of the Transaction (the "Antitrust Approval").

Following receipt of the Antitrust Approval, the Condition Precedent has been
fulfilled. Accordingly, the Company will, within seven (7) business days of the
date of the Antitrust Approval (but in any case not before 3 April 2014)
publish the Special Tender Offer.

The additional stages of the Transaction were described in the Company's
announcement of 3 March 2014, and the Transaction is expected to be completed
on the day on which the Special Tender Offer is successfully completed or
within seven (7) business days of the date on which the Special Tender lapsed
(in the latter case, unless the Sellers have elected, within seven business
days of such date on which the Special Tender Offer lapsed, to rescind the
Agreement and the Company did not elect, within nine (9) business days of such
date on which the Special Tender Offer lapsed, to exercise the Call Option).

Enquiries:

Eyal Merdler, CFO: Eyal.Merdler@emblaze.com

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

www.emblaze.com