http://www.warthog.co.uk
Daily Execution Price and Volume

Major Shareholders
( 4 Nov 04) 367.48m 1p Ords - Evo Noms Ltd 9.12%, Broughton Ltd 8.16%, Chase Nominees Ltd 4.76%, Barclayshare Noms Ltd 4.71%, Goldman Sachs Secs (Noms) 4.18%, HSBC Global Cust Noms (UK) 3.81%, Gartmore Inv Ltd 3.09%, A J Hall 2.05%, Other Dirs 1.34%.
http://www.hemscott.com/internet/custom/whog/
Trades over 90,000 shares are delayed in reporting by 1 hour.

03 November 2004
WARTHOG PLC
DISPOSAL OF SUBSIDIARIES

The board of Warthog plc (the 'Company') announces that it has today completed
the sale of all of the Company's subsidiaries to Tiger Telematics, Inc ('TGTL')
together with the transfer to TGTL of certain intra-group indebtedness due to
the Company. The total consideration including assumed indebtedness is $8.11
million of which $1,113,000 will be paid in cash and $7 million satisfied by way
of an allotment of 497,866 shares of common stock in TGTL at $14.06 per share,
being the average mid market closing price of a TGTL common share over the 14
days preceding completion. These shares are restricted stock and as such can
only be traded on or after the first anniversary of completion (the
'Anniversary') in accordance with U.S. securities laws. Up to the Anniversary,
these shares will be held in escrow against any claim arising under certain
warranties, tax indemnities and completion account net asset value adjustments
set out in the sale and purchase agreement. 150,000 of the cash consideration
will also be held in escrow until the Anniversary, pending specific warranties.
The Company has waived the balance of all other amounts due to it by its former
subsidiaries.

Upon completion of the transaction, the executive directors Ashley Hall, Steven
Law and Simon Elms together with one other remaining employee of the Company
will transfer employment to TGTL leaving Ian Templeton FCA and David Robinson as
non-executive Directors of the Company. The Company has also undertaken to
change its name and will be calling an EGM to effect such a change in due course
and will at that time update shareholders further.

The board of Warthog plc has sought to complete this transaction as rapidly as
possible (and therefore did not elect to seek shareholder approval) because the
group has continued to face difficult trading conditions within the games
development industry, as reported in the Company's Final Results on 28 September
2004, which has put the group under ongoing financial pressure. In addition,
TGTL required the transaction to be consummated as expeditiously as possible, in
conjunction with the commencement of shipping of its Gizmondo product into the
UK. The transaction leaves the Company having discharged substantially all of
its liabilities and with a valuable shareholding in TGTL which will be capable
of realisation in a year's time. The realisable value of this shareholding
depends entirely upon the commercial success of TGTL and the performance of the
TGTL shares on the financial market.

The board considers, in conjunction with its advisers, that this transaction
represents the best available outcome for the Company and its shareholders.

Tiger Telematics, Inc is listed on the 'NASDAQ Other OTC Market' under symbol
'TGTL'. TGTL's publicly stated intention is to apply for a listing on the
'NASDAQ National Market' in December 2004. TGTL is a designer, developer and
marketer of mobile telematics systems and services that combine global GPS
functions and voice recognition technology to locate and track vehicles and
people down to street level in countries throughout the world. The systems are
designed to operate on GPS and are currently being marketed to GSM current and
potential subscribers, primarily by the company's United Kingdom based
subsidiary, Gizmondo Europe Limited ('GEL'). GEL is a wholly owned subsidiary of
TGTL and is the maker of the Gizmondo, a next-generation mobile entertainment
device which includes games, built-in music, video, messaging and picture
functions and GPS. On 29 October, TGTL began shipping its first generation
product as part of a strategic retail roll out in the UK.

The transaction gives GEL access to existing games content and porting
technology to enable the transfer of titles developed for use on other platforms
on to the Gizmondo handheld device. Warthog plc shareholders will therefore
benefit from continued investment in TGTL as it seeks to exploit the games
content and technical capabilities that the Company has developed over the past
few years.

As previously announced on 12 October 2004, GEL is interested in 8.62 per cent.
of the Company's current total issued ordinary share capital.

About the Gizmondo device
The Gizmondo is powered by a Microsoft Windows CE.net platform, boasts a
2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor and incorporates
the GoForce 3D 4500 Nvidia graphics accelerator. It provides cutting-edge
gaming, multimedia messaging, an MP3 music player, MPEG4 movie playing
capability, a digital camera and a GPRS network link to allow wide-area network
gaming. Additionally, it contains a GPS chip for location based services, is
equipped with Bluetooth for use in multi-player gaming and accepts MMC card
accessories.

The Gizmondo device and its games are due for launch in the UK in the fourth
quarter 2004 and in North American markets from the first quarter 2005.

Further information on TGTL, GEL and the Gizmondo device can be found at:
www.tigertelematics.com
www.gizmondo.com
Enquiries:
Ian Templeton
Chairman - Warthog plc
Tel: 0870 122 5420

6 November 2004.
Daily Mail Newspaper : Page 80.

DEALERS believe that Warthog, 0.11p dearer, could be a good recovery punt. More than 52m shares in the computer games developer changed hands on hopes that the worst is over. Tiger Telematics, a leading European games console maker grabbed it by the tusks in October when it bought its subsidaries, intellectual properties and assests. In return Warhog acquired a stake in TT which is now worth at least 3p per share.

wat price is Tiger now???

$13 dollar approx

Always nice to see the executive buying, rather than giving themselves options. Carl Freer bought almost 1.3M shares yesterday at $11.50 each in a private transaction. Makes us in Whog look puny.
Tiger roaring back today.

up 18%

Now +28%.

This is good news, this will hopefully mean good press coverage tomorrow. Does anyone know when the nasdaq application was filed because that will change everything. This company is way to big to be a pink sheet

Finished up +22.5%. Day traders cut the price in the last few minutes - looked like it would finish on $15.
Thesaurus.
TGTL has to complete its SEC filings for last year first. It said that this should be done by the end of June

Will be a blue day today.

Up 30%...good start to the day. Long time coming. Long may it continue.

The Qu. is if WHOG reaches parity with TGTL will people sell at that level, or will they remain, looking for more growth/recovery in TGTL price ?

Some will, most won't. Tiger has forward momentum and should go through $15 today. Was a tad away yesterday until a few day traders bailed out in the closing minutes. On balance it was a very heavy buy day.
Some big early Whog buys being shown as sells due to the time lag.

On Fiday 10th James Beaven, Head of Global Comms. for Gizmondo, e-mailed me saying quote "I'll ask Carl (Freer) if we can look at some way of sharing the planned activity with shareholders. Obviously there are some competitive constraints because we don't want certain large Japanese corporations to know our plans" end quote. Now maybe Carl's recent US$14mill share purchase of TGTL is his way of telling us how confident he is without actually revealing any other detail. Having used a Gizmondo now, I cannot see how TGTL can walk away from this US$100mill investment without it first giving them a return for their money.

crikey - I dont check for a couple of days and it all happens!

Tiger up 10%. $15.45

Tiger is rolling

Finished 5% up. Surprise, surprise - the tech charts are now showing a buy. Whog par value is now 1.18p.

From Yahoo.

****
TOKYO (AFP) - The PlayStation Portable (PSP), the hand-held version of Sony's popular home game machine, will soon be opened up to a new and potentially lucrative market -- porn.

At least eight pornographic videos will go on sale in Japan exclusively for the PSP, the console Sony is billing as the multimedia Walkman of the 21st century that plays both games and videos.

A Tokyo-based sex-video maker declared on its website that on July 8 it will release the world's first adult UMDs, optical discs that play on a PSP. The five titles carry price tags from 2,800 yen or 3,800 yen (25 or 35 dollars).

Another Tokyo company will launch three titles on July 16.
****

Now there's a subscription service and a half. Any news is good news I guess, even if only to bring this type of kit and its abilities to the attention of the wider public. Mind you, plenty of jibes about Giz could be written I guess!

Tiger up almost 6%. $15.65

TGTL finished up +4.7% at $15,50. Current value of Whog assets is +1.20p.
How many AIM companies are trading at a 30% discount to real asset value? Particularly when those assets are in a company where the Chairman has just bought $14 million of the stock and its launch into its biggest market, the USA, is less than 2 months away.

WINS, Evo & JEFF on the bid. A few big buys in the works.