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.

Tiger up again @ $20.62 up 3.1% when will the WHOG move?

I guess when enough people realize how undervalued the share is compared to its underlying assets.

whog is holding well at the moment while the rest of the market is taking a battering, I think we will see it move north next week onwards DYOR

Where can i get a copy of the company's financials?

thesaurus.
Whog is now a shell company whose principal asset is shares in TGTL, Tiger Telematics, a US OTC listed company. TGTL is expected to transfer to the Nasdaq main board in the near future. The header to this board gives more detail.

Hi iturama,i wonder when we will get word of the egm to change there name, and give us an update on whats going on?

Hi John.
As I mentioned back in October, I can't see the need for a name change. An EGM will be useful later this year to inform tactics regarding conversion of the shares.
Tiger in positive territory again today.

picked up 100k 1.18p

Could someone please provide an update of the value of the TGTL stake per WHOG share ?

Paul
I currently make it 1.58, excluding any value for the AIM listing. Big discount to the 1.18 offer price.

its arrived - Gizmondo featured on ITV Channel 4 Richard and Judy Show 17:30 today!! must be cool then :-) along with some ipoddy things - Reviwer from Daily telegraph reckon gizmo latest best thing! parents will buy for kids as it can call the parents if they wonder outside a set gprs co-ordinate

Take it the Yanks don't like Richard & Judy as much as we don't judging by the price of Tiger. Just gone down!!

still up 1.8% on day though..

any reason for the drop today?

Yes, its simply following every other stock.

TGTL down 18%. I dare anyone, ramper or otherwise, to predict a blue day for WHOG tomorrow !

At least my prediction that TGTL would re-trace 50% of their fall from $ 30 came true. Now if only I had the guts to trade my gut feeling :-)

Finally, just to revisit an old story on this thread, if Microsoft were at all interested in buying TGTL, wouldn't now be an ideal time to do so, or at least to buy a blocking stake ?

looks like the US stocks suffered like Uk - tgtl 13% at close - whog closed at same point as opened

Gizmondo to be in retail stores through out europe by 19 may.aggresive roll out in preparation for us launch.this is going to rocket soon.

Follow on from tk34.
To all, sorry for the long post but we need to spread the good news.

LONDON, April 19, 2005 /PRNewswire-FirstCall via COMTEX/ -- - Gizmondo Shifts Up a Gear and Stamps a Date of 19th May for its pan-European Launch
Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (OTC: TGTL ; OTC: TGTL.PK), today announces the eagerly awaited street date for the Gizmondo multi-entertainment handheld in Germany, France, Italy, Spain, and Nordic regions as the 19th May, in an aggressive expansion of its European launch activity.

Combined these countries represent a population of over 250million, 12% of which constitutes the Gizmondo's target demographic with interests in the amazing functionality delivered by the revolutionary entertainment console.

European consumers will be able to get their hands on the feature-loaded Gizmondo packs, which include the standard Gizmondo pack at EUR349, the revolutionary Smart Adds-enabled pack at EUR189, and the Value Pack at EUR289. As with the UK, subscribers to the 'added value' Smart Adds devices will get twenty free music downloads as well as a host of other free items.

Mike Morgan, VP of Global Sales for Gizmondo, offered: "We have witnessed tremendous enthusiasm and excitement from all our retail partners. Our commitment over the coming months will be to support the channel and aggressively drive sales with them. We will be bringing all our sales and marketing resources to bear, as we engage these strategically important territories."

Carl Freer, Co-founder and Chairman, Tiger Telematics, says: "Gizmondo's local offices have primed each of these mainland Europe launch territories ready for a 19th May launch date and the response in each has been overwhelming. The product, the company and the content are gaining momentum all the time. These launches are landmark achievements for us and place us several steps closer to our US debut."

France:

Mr Baeza Console and Multimedia Buyer, Virgin Megastore France, says: " The arrival of Gizmondo in the French mobile entertainment market is a real revolution. All of the functions available make this product totally unique and we are sure it will be incredibly successful in seducing our customers."

Germany:

Andreas Kniza, Central Buyer, Software and Consoles, Karstadt AG, says: "We are looking forward to the Gizmondo and we will massively support the launch throughout all of our outlets."

Nordic:

Kent Thoresen, Dinpris.no, says: "Our pre-launch campaign in Norway, has by far exceeded our expectations."

Ulf Abrahamsson, Managing Director, 24 STORE, says: "This is a unique product that the market has never experienced before, and we intend to market the Gizmondo as one of our main products through our web shop."

Stefan Olsson, IT- Varuhuset, says: "This is a technically innovative, advanced and above all, fun product. And we at IT- Varuhuset will target the southern parts of Sweden where the product has been especially well received."

Italy:

Francesco Iliceto, Agenta Generale, Kenwood Italia & Harmon Kardon says: "In the rapidly changing marketplace, the industry leaders are those companies that pioneer quality based innovation that fulfils a wide market requirement. The youth focused mobile electronics market is a truly volatile sector that is insatiable. The Gizmondo product is so diversified of a product that its resounding success is guaranteed in Italy."

Matteo di Silvia, Former owner and Chairman of Teleherz, says: "Our company was responsible for leading a revolution in the electronics entertainment industry in Italy in being the first company to bring colour television to Italy. We feel that now with Gizmondo we are leading an even greater revolution in the electronics entertainment industry by introducing a revolutionary new product to Italy, the first truly mobile entertainment system. We know intrinsically that this system will sweep the market, as colour television did and change forever our entertainment priorities."

more good news but sp still languishing or is the lull before the storm?