Notification of Interest

Adamind Ltd 03 April 2006 Adamind Ltd (Adamind or "the Company") Notification of Interest Palo Alto: The Company was notified that on 31 March, Emblaze Ltd has sold its entire shareholding in Adamind. Emblaze sold 17,735,000 existing ordinary shares of ILS 0.01 ("Ordinary Shares") in Adamind to institutional investors at 110p per Ordinary Share through a placing with institutional investors by Bridgewell. Shailendra Jain, CEO of Adamind, said: "Since Adamind was created in November 2004, Emblaze has been a supportive shareholder and has helped us to achieve the market leading position we occupy today.The sale of Emblaze's holding in Adamind means that we now have the flexibility to operate as a wholly independent company and we believe that Adamind's position will be enhanced as a consequence of that. "The Company will continue to build on its foundation to chart a successful future as it expands its business into new territories and deliver sustained shareholder value." Enquiries: Adamind Shailendra Jain, CEO +972 9769 9500 Eli Sofer, CFO Corfin Communications Harry Chathli, Neil Thapar +44 20 7929 8989 This information is provided by RNS The company news service from the London Stock Exchange

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