Directors' Notification of Dealing in Shares

Quarto Group Inc
23 March 2000

The Quarto Group Inc ('the Company')

The Company announces that on 22nd February 2000 pursuant to the Company's
Executive Share Option Scheme Options were granted to the following Directors:

Name of Director    Number of Options    Exercise Period        Exercise Price

T Hancock           80,000               22.02.03 - 21.02.07    150p
L F Orbach          10,000               22.02.03 - 21.02.07    111.5p
R J Morley           5,000               22.02.03 - 21.02.10    111.5p
G Tai                5,000               22.02.03 - 21.02.07    111.5p
M J Mousley         10,000               22.02.03 - 21.02.10    111.5p