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.

flash mob down to Regent Street friday then? :-)

Some big buys of tgtl immediately after the bell last night. Looks poised to break out. Could be triggered by news of the nasdaq listing, or that units are finally being sent out to the website purchasers.

Morning anyone/everyone. Dear oh dear. No Regent Street opening today, I'm currently awaiting a telephone reply from Gizmondo, Farnborough, for an update. Will post as soon as I get a reply.

New date for Regent Street store opening with quote "Gizmondo units available" unquote is 19th March. No particular reason was given for this situation. Anyone know anything additional??

No. Thanks, DC. These people need to get their act together.

Have now sent out e-mails to marketing people at Farnborough to see if anyone wants to put anything in writing so to speak. Can anyone see details regarding that 1 million buy at lunchtime??

Looking forward to seeing Gizmondo on the shelf and WHOG will be flying.

Not today it's not...

How warming on such a miserable morning. Here's a reply, received this morning, in connection with my post 705/707. It's from Peter Lilley (Head of Smart Adds) at Gizmondo/Tigertelematics in Farnborough. It reads:-

Thanks for your email I appreciate you taking the time to let me know about your concerns. Ill try and address the points you raise.

The date of 19th March to begin selling in the UK is fixed and will be press released later this week. The reason for going on 19th March was strategic - due in part to Nintendo's DS launch on the 11th March; their marketing activity will draw significant attention to the mobile gaming genre. In the meantime, of course weve had more time to increase our launch assets.
The Gizmondo as a piece of hardware is finished and is currently being presented to the longer lead media. Frankly, it has to be in A1 order to be undergo this review process the media are critical judges! There is no fundamental flaw there is no flaw.
There are several pre-launch press releases ready to go out. These will include news on the contract-free SIM card & network provider, more games, more downloadable content, etc. They will go out when the time is right and when they will have most impact.
The Regent Street store is just on finished, and its launch will coincide with the launch of the console.

Im a bit constrained about what more I can tell you, both because this is a highly competitive market, and because I cant make information public on a selective basis both of which reasons Im sure you can understand. I think Id simply ask that you keep the faith, and watch out for the announcements well be making in the coming days. As a share holder, I dont think youll be disappointed.


Best wishes


Peter Lilley

Good one, DC. Finally.

Sounds good DC.

good work DC, at least we now know the reasoning behind the 19th March launch. Be interested to see what happens to the sp following the press releases. This one needs some good news flow to make it past the 2p mark.

DC.
Now you are on good terms with Peter, why not ask him about the Nasdaq listing?

Well done DC. Good to hear positive news. As if we were ever in any doubt. ;-)

Iturama
E-mail sent but as it is not his remit to provide that kind of info, I've asked him to direct me to someone who has the responsibility.

DC. Thanks.

Blue despite a mixed bag in early morning trading. Clearly some big buys in the background.

Iturama

Follow up from my post 714/716.

The following is the e-mail reply (received this morning) from Peter Lilley at Gizmondo/Tigertelematics regarding the Nasdaq listing of TGTL. It reads:

Hi Roy

Ive done as I said I would and asked one of my colleagues in this area. The answer is this:

The application is completed but not considered a proper filed application until the SEC filings which are required are brought up to date through 3rd quarter 2004 September 30, 2004. These are in final form and awaiting final looks by everyone which should be completed shortly. When filed, then NASDAQ will be advised, and the application will then be considered proper and will receive a processing.

Nothing much more for me to add, so I hope that this helps.

Best wishes

Peter.

DC. Thanks again. My own feeling was that a full Nasdaq listing would have most effect after the Gizmondo launch. Looks like that will be the case.

The relevant part of a RNS today from RAM:

Tiger Gambling
In January 2005, RAM announced it had entered into heads of terms with Tiger
Telematics Inc (NASDAQ: TGTL) to exploit the technology and design behind
Tiger's new mobile gaming console 'Gizmondo' specifically for applications in
the area of gambling. The heads of terms provided for a new company being
formed called Tiger Gambling Ltd which will be 75 per cent owned by Tiger
Telematics and 25 per cent owned by RAM with profits generated being shared on
a 50/50 basis.

Following positive discussions with casino operators the Board of RAM believes
that Tiger's technology platform offers a significant commercial opportunity
for multi-player real-time poker and other revenue generating applications.