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.

52% ?? I refer to my previous comment... sadly my moniker disposes my status alas

I can't believe no-one else has remarked on yesterday's sp performance. Admittedly it was from a position of weakness but 52% in a day...!

does any one know when this company has to trade in its shares,
this could well be the reason tigers price has dropped, so as not
to give too much away, just a thought

my understanding was not that WHOG has to sell its TGTL shares but that it must retain them at least until October(date i am not sure).

buy 0.5 to sell 0.6 in a day would net a modest gain of 20%, 200 for a small investment of 1000 - looking at the trades someone did well as I said previously.. given the sp dropped like a concrete parachute on vapourware makes u wonder.. worthy honorable oriental gentleman maybe?

willfagg - end of escrow period is November 2nd (i.e. tomorrow).

starfrog / Bugz,

I did visit the Regent Street shop, but alas arrived at 19.05, just after it had closed!

It is midway between Picadilly Circus and Oxford Circus tube stations, probably 10 minutes from either.

There were a few examples of the Giz in the window, and they looked ok to someone that is not up with the latest gaming consoles.

There is a Smart car inside the shop, presumably to feature the sat nav.

My son is interested in the sat nav model at 199, cheaper than most I would say, if not all, so I will try again soon to arrive when the shop is open for a demo.

For anyone interested, Regent St has some superb shops, including Hamley's toy shop, so if you are in the area it is worth the walk IMO.

Good luck to all holders,

Andy.

thanks for info starfrog

TGTL are bombing now down to $4.50, any news to support this?

Crikey! Didnt realise TGTL were that low!!! Have nothing to add willfagg-apart from sell....! ;-)

too far down to make this an option. In for the ride now.... unfortunately

i think i am getting numb to this share. Now it goes up over $2 in aday over 50+%increase!No news I can see why it went down over the last 2 weeks or why it shot back up yesterday.Isnt it amazing how acceptant you get of a position? I remember writng on this thread a while back that I wasnt too worried at the share price drop below$20 and felt comfortable above $15 !!!! .Its just gone uo $2.55 to $7.10 and I am thinking thats good!!!!!! So using my gullibleometer to calculate, all we need is a return to the TGTL previous high of c$30 and WHOG will be 3p+. Their simple.Sorry knock at the door ....i think its the funny farm come to get me. Good luck to all still holding.

up again $.45 over $3 in 1 and a bit trading days.Will be interesting to see if it can close the week holding onto this small recovery position

I missed this a while back - interesting deal?

http://www.warthog.co.uk/news/item.asp?id=1029

Nov 2, 2005 Gizmondo Announces Deal With Ford Motors

Ford Motor Company dealers to stock Gizmondo and Gizmondo Navigator in up to 714 UK showrooms

Gizmondo Europe Ltd subsidiaries of Jacksonville, Florida-based Tiger Telematics Inc (other OTC, TGTL) today announced a deal to supply Ford Motor Company Ltd with the new Gizmondo Navigator 2006 satellite navigation package.

The complete turn-by-turn, GPS-enabled satellite navigation package includes everything today's drivers could wish for clear and easy to use instructions, voice directions, re-routing around jams, a choice of 2D or 3D mapping on the Gizmondo's razor-sharp 2.8" TFT screen, and an extensive feature set powered by CoPilot.

As well as Gizmondo Navigator 2006 (UK Edition) software, car cradle and charger, the package also includes a Smart ADDs-enabled Gizmondo, which can play next-generation handheld games, send and receive picture and text messages, play MP3 music and MPEG4 movies, take digital photos, and can provide a host of location-based services via the powerful built in GPS hardware.

The special Gizmondo Navigator 2006 package can be ordered from Ford dealerships across the UK for 244.95 from 31st October. It can be added in minutes to any car or commercial vehicle in the Ford range. For more details on Ford Motor Company Ltd and its dealerships, visit www.ford.co.uk. Additional information on Gizmondo Navigator 2006 can be found on the Gizmondo website at www.gizmondo.com.

This item has been around a few days now. It is supposed to reflect the viability of the Gizmondo product in the gaming market. It has some interesting info in it but since TGTL/Gizmondo paid for this report, just how independant it is rests with your own interpretation.
http://www.gizmondo.com/img/pressrelease/EquityResearchReportTiger111405.pdf

I still think the GIZ is an interesting package but the question still hangs will they ever get enough exposure through their marketing to achieve sufficient sales for success?

I Got a Giz on Saturday,the Sat-nav package.It has worked really well so far and seems to be selling pretty well too.Its never going to sell like the psp but i think the sales figuers up to June were always going to be poor because of the lack of product.The Sat-nav is a hit,email is on its way and the games should start coming out(finally).Starting to see a few press adds,you never know,you just never know.

Hi
I dont hold in this company but i saw them mentioned in the news of the world magazine (sunday). it was a competition to win a couple of consoles

lindos

well if I sell now I lose about 60% of investment, if I hold on and whog bobbles along to reasonable sp with better sales, games, marketing, etc, I get 80% back and maybe more.. - as we have often said its gonna be a contender - annoy the others in the market - maybe be bought out by a competitor.... :-)

not been monitoring recently y so low ( no recent news)- is this a buying opportunity :-)