Having followed this stock for some time it appears from searching out news and stocks to grow that this share could explode over the next few months. Seasonally, WHOG share price seems to benefit each autumn with the frenzy of buying Xmas presents for new generation Sony Playstation, Microsoft XBox & Nintendo Gamecube platforms. This autumn Electronic Arts is scheduled to launch the new Harry Potter & Philosopher's StoneTM game developed by WHOG - no doubt a big selling product - but will EA and WHOG actually launch the game in time as EA has not given out any press releases yet.

Does anyone have any thoughts on this subject?

Warthog PLC
08 April 2004


Not for release, publication or distribution in or into the United States of
America, Canada, the Republic of Ireland, the Republic of South Africa,
Australia, or Japan or their respective territories.

8 April 2004

WARTHOG PLC
3 for 2 Rights Issue of 73,562,166 New Ordinary Shares at 2 Pence per Share
8,500,000 Unsubscribed Rights Shares Placed

The Board of Warthog plc is pleased to announce that of the balance of the
non-underwritten rights issue, 8,500,000 New Ordinary Shares have now been
placed primarily with institutional investors.

These shares were placed at the rights price of 2 pence per share. Consequently,
there are no net proceeds which fall to be distributed to Qualifying
Shareholders who did not take up their entitlements in accordance with the terms
of the Rights Issue.

It is expected that definitive certificates in respect of the new ordinary
shares will be despatched to those shareholders taking up the rights by 15 April
2004, with CREST accounts being credited today.

Enquiries:


Warthog plc 0161 608 1200
Steven Law (Chief Operating Officer)
Simon Elms (Chief Financial Officer)

Merlin 020 7653 6620
David Simonson / Kirsty Black

Acorn Corporate Finance Limited 0870 122 5420
Harry Dutson


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