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.

With the RAM JV announcement and the signing of a game license deal with Buena Vista, I would hope that the TGTL price should see a big upswing this afternoon. Come on you Yanks. Get out of bed and start buying.

No idea. My inclination is for a tick up but you never can tell. However, I reckon the share is good value as it stands. Doesn't have to sell many units to justify the current price - apart from the added value content from the software and other revenue streams.

TGTL up on opening. I am told 4%.

Latest: TGTL up $2.15

TGTL now up 12%. Good day, recovering well.

Now 15%. Hold on to your hats folks!

Can anyone see any explanation for the fall yesterday?

Can anyone explain why the SP is being held back

Whog still undervalued by about 1mil at current TGTL prices.

TGTL up by 10% overnight but WHOG forecast to open down. Things never run smooth!

the new down is up? cant see any reason for the previous falls, would hvae thought other way - from the CES show fyi

coolest accessories
http://www.cnet.com/4520-10602_1-5620586.html

go force

http://www.cnet.com/4520-10602_1-5619603.html

New swiss army knife?

http://www.cnet.com/4520-10602_1-5619086.html?tag=prod

When do they expect to launch the Giz.

The finalists
Of the thousands of gadgets cramming the show floor, these 48 products rose above the fray to become finalists for CNET's Next Big Thing awards, which recognize the most promising new products and technologies. Congratulations to the finalists, and stay tuned for the announcement on Friday, January 7, of the winners in each of 12 categories, plus the overall Best of Show.



ACCESSORIES
Gizmondo portable gaming device with GPS
Nevo SL Universal Wi-Fi Remote
Slingbox personal broadcaster

need we say more ??????

Giz will be launched in March 05 in the US. European launch already done. TGTL up overnight by 12% (+$2.8).

Thanks SF

I think a lot of the fluctuations are as a result of press releases, exhibitions and general pre release hype ( as happened with SPS).I think the volatility of movement will reduce and hopefully be just a constant up when the products fully released and selling well.If the GIZ is already released I am surprised that there is no early indication of demand and whether customers in Europe are excited by it?

willfagg - I may be mistaken, but I'm sure that I read on some earlier posts (here) that allthough the Giz had been launced in Europe, it was incredibly hard to get one. Orders placed directly through Giz Europe were in excess of a few 100,000 pre Christmas.

I agree with you but there seems to be no press releases on the subject.You would think the Marketing men would milk the launch and the publics reaction to it for every last drop.What was /is the launch date? If there is a waiting list how many have they made and put in stock with distributirs? Which organisations are selling it??????????
The actual website shows the product very well but the product launch,stocks , numbers manufactured, first years targeted sales,orders placed in UK/Europe??????
In one of the reports there was what I thought a bit of a mistake as they stated the cost of a GIZ would be a fraction of what it is now within the first year if all goes to plan!! This may make people delay there purchase to see what the product is really like and save some money as well!

TGTL are up to $28.46!! seems a lack of reciprocal movement on WHOG??

TGTL now $29.10 (up 14.67%) in addition to 10% increase yesterday.This has yet to come thorugh in the price