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.

More news:

mapinfo@schwartz-pr.com

MapInfo Powers Ground Breaking Mobile Gaming Device with Location Services to Enhance User Experience and Personal Safety

MapInfo Corporation (Nasdaq: MAPS) today announced that Gizmondo Europe Ltd., subsidiary of Jacksonville, Florida-based Tiger Telematics Inc., has selected MapInfo Envinsa(TM) location services platform to provide core functionality for a range of location services for Gizmondo, the much anticipated and award-winning mobile, multi-entertainment device for 2005. Currently launching in the United Kingdom and due for launch in Spring 2005 across Europe and the U.S., Gizmondo will offer an extensive range of location-based services, powered by MapInfo Envinsa, which provides mapping, routing and geocoding capabilities. These capabilities enable Gizmondo to offer critical mapping and location functionality to the end user.

The initial services offer will fall into two categories: added value services for the end user -- such as "where am I?" and "find the nearest" -- and services that enhance personal safety, such as tracking and panic button features.

"Gizmondo is the most powerful handheld multi-entertainment device available today. One of the key differentiators for Gizmondo is the broad range of location-based services that we will be able to offer customers in Europe and globally thanks to the MapInfo Envinsa platform. We are launching the product in the U.S. and continental Europe in the spring, with other markets to follow, and our partnership with MapInfo is central to our success," said Steve Carroll, CTO, Gizmondo Europe.

"Gizmondo has really 'hit the spot' in the gaming market and has already secured pre-release orders of more than 500,000 units," said Mark Cattini, CEO and president, MapInfo. "MapInfo is providing the location-based services technology, which offers many of the added services that will help make Gizmondo so compelling," "Envinsa is a single consistent location-based infrastructure implemented in-house for Gizmondo, enabling them to deliver critical location functionality where it is needed without having to become experts in MapInfo technology. We are providing the consultancy, customization and training for a platform that will support hundreds of new applications limited only by imagination."

Initially, Gizmondo Europe will offer the following services to Gizmondo mobile device users based on MapInfo capabilities--find location, map delivery, find and navigate points of interest, tracking and personal alarm. These will be supplemented in time by location-based gaming and other services. Gizmondo services roll out will initially be in the UK, Germany, France, Spain and Italy with U.S. and other markets to follow.

TGTL ticking up nicely on steady buying.

1.7m Buy Trade just went through WHOG.

TGTL finished up over 6%. Looks like another blue day today.

TGTL up 3.5% at opening. $28.

$29.

Where can one see the price for TGTL?

red nutter.. you can see the TGTL price on www.nasdaq.com

Chris

Live prices:

http://finance.lycos.com/qc/livecharts/default.aspx?symbols=OTCF:TGTL

cheers fellas

TGTL finished @ $29 - up 7.2%. Another blue day tomorrow. Par value for Whog now 2.32p.

Cheers for the update on TGTL Iturama.

Is the par value for WHOG of 2.32 just for the TGTL stake. Is there any discernable value in WHOG from the tax losses and any other assets or are these irrelevant on a per share basis?

Paul,
Yea, because the TGTL stake is the only measurable value at this time. Given the way that stock is likely to move in the coming months, it has to be the bench mark. Any additional value in Whog is eclipsed by the importance of TGTL.

so..sp for whog should be c2.3? Then any future gizmo sales means whog sp increase as normal

M100.
You can expect Whog to trade at a discount to the estimated book value. The discount will lessen the closer we get to the release date, or on the back of a clear strong demand for TGTL shares. I think we are in the latter position now. I expect TGTL to go through $30 this week but you can't rule out some retracement if the Dow/Nasdaq themselves turn south.

iturama - thanks always interesting postings, (also on CDN) any whog sp round 2.3 would be good, (make up for big hit on PCI - stange goings on?)

Some chartist nonsense was posted yesterday that caused PCI to retrace. Essentially it added up to "we don't know what is going on" but it was enough to spook the herd. PCI will be news driven, like the majority of AIM stocks.
It is a popular stock, or notorious, dependant upon your personal point of view, which adds to its volatility. Probably be back up again before you know it.
I hold a few, just out of interest.

TGTL opened up blue.

Hit the $30! Lets see if it can now drive on.