Industry News – Polar Explorer’s Watch to be Auctioned for Children’s Hospital

Pittsburgh, Pennsylvania – The Kobold Watch Company today announced that it
would offer one of its handmade wristwatches at auction to raise funds for
Children’s Hospital of Pittsburgh. The watch, an exclusive one-of-a-kind
mechanical chronograph, made for world-famous explorer Sir Ranulph Fiennes, will
be auctioned off online at Ebay.com starting Thursday, December 12th.

Sir Ranulph Fiennes has been titled “The World’s Greatest Living
Explorer” by the Guinness Book of Records. He was the first person to
circumnavigate the globe via its polar axis by surface travel and has been
credited with discovering the lost city of Ubar, the Atlantis of the Sands, in
the Arabian Desert. 

His dozens of expeditions have taken Sir Ranulph to the most remote places on
earth. His watch, a custom-made Kobold wristwatch, is one of the sturdiest
watches of its kind. Equipped with a sapphire crystal, which never scratches, a
high-tech automatic-winding movement, and a surgical stainless steel case, the
watch offered for auction is as tough as Sir Ranulph himself. All proceeds of
the auction will benefit Children’s Hospital of Pittsburgh, as part of an effort
on behalf of Sir Ranulph and the Kobold Watch Company to enable children who
suffer to have a happier holiday season.

For more information, please contact Kelly Gremba at Children’s Hospital of
Pittsburgh at (412) 692-7140 or via email at kelly.gremba@chp.edu.

12/10/02