3rd Quarter Trading Update

Quarto Group Inc
17 November 1999

                     THE QUARTO GROUP, Inc
                               
                  3RD QUARTER TRADING UPDATE
                               
          'Further out, the signs are also positive'
                               
Quarto, the London-based and listed international publisher of
illustrated  books in co-edition and under its  own  imprints,
announces that unaudited turnover of continuing businesses  in
the  three quarters ended 30 September 1999 was up 5 per  cent
at  £52.9  million,  having been broadly  unchanged  at  £31.2
million at the half year end.

Turnover  in the International Co-edition Publishing Division,
which   creates  and  licenses  content  for  publication   by
publishers  around  the world, was up  6  per  cent  at  £31.6
million.   The extended reprint life of many of our titles  is
underscored  as  revenue  from the backlist  continues  to  be
around  65  per  cent of total divisional  turnover.   We  are
confident that this Division will have a satisfactory year.

Turnover  of continuing businesses in the Publishing Division,
which  publishes books and art prints internationally under  a
variety of imprints owned by the Company, was up 2 per cent at
£21.3  million.   Granted  a  satisfactory  Christmas  sell-in
period, this Division should perform creditably this year.

Accordingly,  following  a  satisfactory  October,  the  Board
reiterates  the prediction made in the Interim  Report  of  16
September  1999:  that the outcome for the year  will  show  a
strong  advance  on  1998's  results,  as  restated  for   the
introduction then of an extremely prudent accounting policy to
expense the development costs of co-edition titles at the time
of first sale.

Further  out, the signs are also positive.  Our new publishing
programmes  were  strongly received at last month's  Frankfurt
Book Fair, including our newly launched Global Publishing  co-
edition operation.  Four of our units are benefiting from  the
recent  appointment  of new publishers:  Global  Publishing  -
Gordon  Cheers from Random House, Quarto Adult - Piers  Spence
from  David & Charles, Rockport - Ken Fund from Harper Collins
and  Quarto  Children's - the Company's long serving  Creative
Director, Bob Morley.  The management changes instigated since
the appointment of Terry Hancock as Chief Operating Officer in
January 1999 are beginning to bear fruit.


Laurence F Orbach
Chairman & Chief Executive


Enquiries:

The Quarto Group, Inc                            0171-700 9015
  Terry Hancock (Chief Operating Officer)

Bankside Consultants Limited                     0171-220 7477
  Charles Ponsonby