Acquisition

Quarto Group Inc 7 February 2002 Thursday 7 February 2002 THE QUARTO GROUP, Inc Acquisition of publishing assets Quarto, the London based and listed international book publisher in co-edition and under its own imprints, has acquired, from the Administrator, the publishing assets (principally comprising the rights to backlist titles) of Marshall Editions, Marshall Developments and Marshall Publishing, international co-edition book publishers. The consideration, payable in cash, is £568,000 initially plus up to a further £697,000 conditionally, making a maximum of £1,265,000. Laurence Orbach, Quarto's Chairman and Chief Executive, stated 'The backlist of over 300 titles being acquired will complement Quarto's existing backlist of some 3,000 titles, which is such an important part of its principal business, co-edition publishing'. Enquiries: The Quarto Group, Inc Laurence Orbach (Chairman and Chief Executive) 020-7700 9001 Mick Mousley (Finance Director) 020-7700 9005 Bankside Consultants Limited Charles Ponsonby 020-7444 4166 This information is provided by RNS The company news service from the London Stock Exchange
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