SARIN TECHNOLOGIES LTD SARINE TECHNOLOGIES LTD (Israel Registration No. 51 1332207) Disclosure In Compliance With Rule 704(29) - Grant of Employee Share Options

Sarine Technologies Ltd. (the "Company") hereby discloses in accordance with
Rule 704(29) the details of the grant of employee share options as follows:

1.

Date of grant

18 January 2015

2.

Exercise price of options granted

S$2.624

3.

Number of options granted

600,000

4.

Market price of its securities on the date of grant

S$2.60

5.

Number of options granted to

directors and controlling shareholders

(and their associates), if any

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6.

Validity period of the options

18 January 2015 -

17 January 2021

By Order of the Board
Sarine Technologies Ltd.
Submitted by Amir Jacob Zolty, Company Secretary, on 18.1.2015 to the SGX

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