December 19, 2008

To Our Shareholders:

As you all are aware, the past few months have seen an unprecedented drop in equity values. Big Cat shares have been impacted greatly by this current economic down turn. We realize that our shareholders have lost substantial value in their Big Cat holdings. However, as the leaders of the Company, we and the other officers of the corporation believe the current share price is not representative of the value of the Company. The current cash position, as reported in our Form 10Q for October 31, 2008, shows approximately $900,000. This position will allow us time to implement our pilot project strategy and generate production orders that should move the Company to breakeven operations by the end of Fiscal 2010.

We currently have two pilot projects underway and have been approached by several other coal bed methane (“CBM”) producers in the area to begin testing for possible ARID pilot projects. The data from our current pilots has been extremely favorable, with the ARID tool performing to its specifications.

The CBM industry is still very active in the Powder River Basin of Wyoming and expects the usual increase in winter natural gas demand. As a result, we believe the industry will continue to grow in the near future. As we have indicated in the past, one of the benefits of the ARID tool is its ability to bring “stranded’ wells on line at a substantial savings over drilling a new well. This makes these wells more likely to be economically feasible in the current environment. There are presently approximately 1000 stranded wells in Wyoming.

During the past 18 months the Company has focused our sales and marketing effort on CBM operators in the Powder River Basin of Wyoming. Recently we have also received inquiries from CBM operators in Montana and Australia, where CBM opportunities are plentiful. Montana and Australia currently have very strict regulations regarding water usage. The ARID system provide CBM operators in these areas a viable option to current water handling techniques, at a substantial cost savings. As these opportunities materialize, we will let you know through additional press releases, however we wanted to update our shareholders on what is happening within your company.

Our stock price may continue to be volatile and there isn’t anything we can do to prevent this volatility. There are many factors that contribute to the volatility, some of which are: we do not have a market analyst following the Company, we do not have any institutional investors and the trading volume of our stock is low, which mean a majority of our trades are below 10,000 shares. We believe our responsibility to you as shareholders is to move the company toward generating production orders to establish a firm financial basis for future development. As we move in this direction, we will be able to develop relationships with market analysts and institutional investors and our share price should begin to reflect a more representative value of our Company.

We appreciate your continued support and belief in Big Cat, and wish you a happy holiday season and joyous 2009.

Tim Barritt

President and CEO



Ray Murphy

COO