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BIG DOG HOLDINGS, INC.
NOTICE OF GUARANTEED DELIVERY
OF SHARES OF COMMON STOCK
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THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 9:00 A.M.,
PACIFIC TIME, ON WEDNESDAY, AUGUST 30, 2000, UNLESS THE OFFER IS EXTENDED.
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This form, or a form substantially equivalent to this form, must be
used to accept the offer (as defined below) if certificates for the shares of
common stock of Big Dog Holdings, Inc. are not immediately available, if the
procedure for book-entry transfer cannot be completed on a timely basis, or if
time will not permit all other documents required by the letter of transmittal
to be delivered to the depositary (as defined below) on or prior to the
"expiration date" (as set forth in Section 1 of the offer to purchase (as
defined below)). This form may be delivered by hand or transmitted by mail or
overnight courier, or (for eligible institutions only) by facsimile
transmission, to the depositary. See Section 3 of the offer to purchase. THE
ELIGIBLE INSTITUTION THAT COMPLETES THIS FORM MUST COMMUNICATE THE GUARANTEE TO
THE DEPOSITARY AND MUST DELIVER THE LETTER OF TRANSMITTAL AND CERTIFICATES FOR
SHARES TO THE DEPOSITARY WITHIN THE TIME SHOWN HEREIN. FAILURE TO DO SO COULD
RESULT IN A FINANCIAL LOSS TO SUCH ELIGIBLE INSTITUTION.
THE DEPOSITARY FOR THE OFFER IS:
U.S. STOCK TRANSFER CORPORATION
BY MAIL: BY HAND OR OVERNIGHT DELIVERY:
TRANSFER DEPARTMENT TRANSFER DEPARTMENT
1745 GARDENA AVENUE 1745 GARDENA AVENUE
GLENDALE, CA 91204 GLENDALE, CA 91204
BY FACSIMILE TRANSMISSION
(FOR ELIGIBLE INSTITUTIONS ONLY)
(818) 502-1737
FOR CONFIRMATION BY TELEPHONE:
(818) 502-1404
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH
ABOVE OR TRANSMISSION OF INSTRUCTIONS VIA A FACSIMILE NUMBER OTHER
THAN THE ONE LISTED ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
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Ladies and Gentlemen:
The undersigned hereby tenders to Big Dog Holdings, Inc., a Delaware
corporation (the "Company"), upon the terms and subject to the conditions set
forth in the offer to purchase, dated July 31, 2000 (the "offer to purchase"),
and the related letter of transmittal (which together constitute the "offer"),
receipt of which is hereby acknowledged, the number of shares of common stock,
par value $.01 per share, of the Company listed below, pursuant to the
guaranteed delivery procedure set forth in Section 3 of the offer to purchase.
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NUMBER OF SHARES SIGN HERE
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CERTIFICATE NOS.: (IF AVAILABLE) NAME(S) (PLEASE PRINT)
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ADDRESS AREA CODE AND TELEPHONE NUMBER
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CITY, STATE, ZIP CODE SIGNATURE(S)
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AT THE DEPOSITORY TRUST COMPANY
ODD LOTS
This section is to be completed ONLY if shares are being tendered by or
on behalf of a person who owned beneficially, as of the close of business on
July 31, 2000 and who continues to own beneficially as of the expiration date,
an aggregate of fewer than 100 shares.
The undersigned either (check one box):
/ / owned beneficially, as of the close of business on July 31, 2000 and
continues to own beneficially as of the expiration date, an aggregate
of fewer than 100 shares, all of which are being tendered, or
/ / is a broker, dealer, commercial bank, trust company or other nominee
that (i) is tendering, for the beneficial owners thereof, shares with
respect to which it is the record owner, and (ii) believes, based upon
representations made to it by each such beneficial owner, that such
beneficial owner owned beneficially, as of the close of business on
July 31, 2000 and continues to own beneficially as of the expiration
date, an aggregate of fewer than 100 shares and is tendering all of
such shares.
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GUARANTEE (NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a firm that is a member of a registered national
securities exchange or the National Association of Securities Dealers, Inc. or a
commercial bank or trust company (not a savings bank or savings and loan
association) having an office, branch or agency in the United States hereby
guarantees (i) that the above-named person(s) has a net long position in the
shares being tendered within the meaning of Rule 14e-4 promulgated under the
Securities Exchange Act of 1934, as amended, (ii) that such tender of shares
complies with Rule 14e-4, and (iii) to deliver to the depositary at one of its
addresses set forth above certificate(s) for the shares tendered hereby, in
proper form for transfer, or a confirmation of the book-entry transfer of the
shares tendered hereby into the depositary's account at The Depository Trust
Company in each case together with a properly completed and duly executed
letter(s) of transmittal (or facsimile(s) thereof), with any required signature
guarantee(s) and any other required documents, all within three NASDAQ trading
days after the date hereof.
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NAME OF FIRM AUTHORIZED SIGNATURE
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ADDRESS NAME
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CITY, STATE, ZIP CODE TITLE
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AREA CODE AND TELEPHONE NUMBER
Dated: , 2000
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THIS FORM IS NOT TO BE USED TO GUARANTEE SIGNATURES. IF A SIGNATURE ON
A LETTER OF TRANSMITTAL IS REQUIRED TO BE GUARANTEED BY AN ELIGIBLE INSTITUTION
UNDER THE INSTRUCTIONS THERETO, SUCH SIGNATURE GUARANTEE MUST APPEAR IN THE
APPLICABLE SPACE PROVIDED IN THE SIGNATURE BOX ON THE LETTER OF TRANSMITTAL.
DO NOT SEND SHARE CERTIFICATES WITH THIS FORM. YOUR SHARE CERTIFICATES
MUST BE SENT WITH THE LETTER OF TRANSMITTAL.
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