Warthog PLC
08 February 2006
WARTHOG PLC (the 'Company')
FURTHER RE TIGER TELEMATICS INC.
Following the announcement that the High Court had ruled, on 2 February 2006,
that Gizmondo (Europe) Limited should be wound up and liquidators appointed, and
subsequent filings to the Securities and Exchange Commission in the United
States by Tiger Telematics Inc., the Directors consider that the Company's
shareholding in Tiger Telematics Inc. has little or no value. In any event they
remain unable to trade these shares.
The board continues to monitor the situation.
8 February 2006
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