Customer seeks insolvency

Quarto Group Inc
21 December 2001



THE QUARTO GROUP, Inc


                 German customer seeks insolvency protection



The Quarto Group, Inc. has learned that Konemann Verlags GmbH, one of the
largest book publishing companies in Germany, has sought insolvency protection
pending restructuring.   Quarto has outstanding receivables due from Konemann
of approximately £1.2 million.



Quarto will provide, as a separately identified exceptional item, for the then
estimated uncollectable part of its debt from Konemann at the time of the
preliminary announcement of its results for the year ending December 31 2001,
which is currently expected to take place in February 2002.


Enquiries:

The Quarto Group, Inc
  Mick Mousley  (Finance Director)                                020-7700 9005

Bankside Consultants Limited
  Charles Ponsonby                                                020-7444 4166