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Warthog PLC (WHOG)


Monday 08 April, 2002

Warthog PLC


Warthog PLC
8 April 2002

For immediate release
8th April 2002

                                 PRESS RELEASE

                                  WARTHOG PLC

                           ('Warthog' or 'the Group')




Warthog, one of Europe's leading independent games software developers,
announces that it has acquired 42-Bit AB, a 24 man development team based in
Helsingborg, in the south of Sweden.  The business has been acquired for an
initial consideration of £413,115 to be satisfied by the issue of 1,059,269 new
ordinary shares (the 'Initial Consideration Shares').  A further 706,179 shares
will be issued over the next 2 years subject to performance criteria being
achieved by the management team.

The team have been working with Warthog for over a year, under contract,
developing Rally Championship  for PlayStation 2 (PS2) and Animaniacs for Game
Boy Advance (GBA).  The team  has developed 13 high quality games over a number
of years and these games have consistently been delivered on time.  The
development team joined 42-Bit AB earlier this year and the value of the net
assets being acquired is £7,000.

Warthog also announces today that it has won a further contract from SCi
Entertainment to develop the next version of Rally Championship, version 7 for
the PC, Xbox, PS2 and Game Cube.  SCi will fund the development of the PC
version and Warthog will be self-funding the Xbox, PS2 and Game Cube versions in
return for an increased royalty rate, in a similar manner to Rally 
Championship 6.

Ashley Hall, Managing Director of Warthog plc, added:

'The development team  is highly regarded , with significant quality development
capabilities and extremely talented staff.   We have been working closely with
the team in the last year developing Rally Championship  and Animaniacs, and
have already established an excellent working relationship.  This acquisition is
in line with our strategic expansion plans and is a first class addition to our

'I am delighted that we have been awarded the contract to develop the next
version of Rally Championship by SCi.  I have every confidence that, with the
help of the new team, we will take the game to the next level in the driving

Christoffer Nilsson, CEO of 42-Bit AB  said:

'In joining forces with as established and well respected a company as Warthog,
the team  will have the opportunity to work more closely with major
international publishers and develop our expertise in different gaming genres.
The already proven cultural fit assures me that this is an excellent opportunity
and I look forward to working with the team at Warthog.'

Jane Cavanagh, CEO at SCi Entertainment commented:

'The Rally Championship franchise has already generated over £40 million in
retail revenue and has built up an excellent reputation for playability and
authenticity.  We are looking forward to the release of Rally Championship 6 on
Sony's Playstation 2 and Game Cube and we are pleased to announce we have
extended this partnership for the next version '.

Application has today been made for the Initial Consideration Shares to be
admitted to trading on AIM.  Admission is expected to become effective on 11th
April 2002.


Andrew Gething                           0161 608 1200
Corporate Development - Warthog plc

David Simonson and Clare Maciocia        020 7606 1244
Merlin Financial Communications

Notes to Editors


Warthog plc is one of Europe's leading independent games software developers.
The Company, based in Manchester, UK was established in 1997 and has been
profitable since creation.  Warthog prides itself on its highly experienced 200
strong development team, whose combined experience covers more than 1500 games
titles across all major platforms and most games genres.

At present, the Company is working with numerous high profile licensees to
develop video game versions of such entities as Tiny Toon Adventures, Animaniacs
and X-Men as well as its own game creation Mace Griffin Bounty Hunter, for
Microsoft's Xbox.  Further to developing games across all platforms, Warthog
retains strong relationships with major international publishers across the
industry, including Microsoft, THQ, Electronic Arts, Activision, Crave, SCi, BBC
and Infogrames.  Warthog's first mobile game was successfully published in 2001.

Warthog plc successfully floated on the Alternative Investment Market on the 1st
February 2001.

                      This information is provided by RNS
            The company news service from the London Stock Exchange

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