EMBLAZE LTD - Special Tender Offer for 5% of the voting rights of WFI

                             Emblaze Ltd (LSE:BLZ)

                         ("Emblaze" or "the Company")

            Special Tender Offer for 5% of the voting rights of WFI

Tel Aviv, Israel, 7 April 2014

Capitalised terms will have the meanings ascribed to them in the Company's
announcements of 3 and 27 March 2014.

Further to the Company's announcements of 3 and 27 March 2014, the Company
announces that on 6 April 2014, the Company issued the Special Tender Offer
addressed to all shareholders of WFI pursuant to Israeli companies law, in
order to acquire shares of WFI (the "Shares") carrying five percent (5%) of the
voting rights in WFI.

The principal terms of the Special Tender Offer are described below.

The Special Tender Offer is issued, in each case, if successful:

  * in order to purchase 658,685 shares of WFI with a nominal value of NIS one
    (1), each;

  * in order to acquire shares carrying five percent (5%) of the voting rights
    in WFI; and

  * at a price of 34.710353 NIS per Share (22,863,189 NIS in total).

Further, the Special Tender Offer is issued on the basis that:

  * the Special Tender Offer will be successful only if over half of the
    respondents approve its terms with respect to at least 658,685 shares of
    WFI (such respondents not to include the Sellers or other interested
    parties, for the purposes of calculating whether or not the Special Tender
    Offer was successful);

  * the Sellers have provided undertakings to participate in the Special Tender
    Offer in respect of all their Shares; and

  * it is subject to acceptance or rejection by 14:00 (Israeli time) on 27
    April 2014. If the Special Tender Offer is accepted by such date, the
    Special Tender Offer will automatically be extended for an additional four
    (4) day period, up until 14:00 (Israeli time) on 1 May 2014, in which any
    previous non-respondents (or those who previous opposed the Special Tender
    Offer) may then agree to participate therein.

Enquiries:

Eyal Merdler, CFO: [e-mail]

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

www.emblaze.com

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