Holding in Company

Quarto Group Inc 1 May 2001 DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY THE QUARTO GROUP INC. 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST GOLDMAN SACHS INTERNATIONAL 3) Please state whether notification indicates that it is in respect of holding of the Shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 IN RESPECT OF 2 ABOVE 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. GOLDMAN SACHS SECURITIES (NOMINEES) LIMITED ILSEG ACCOUNT 5) Number of shares/amount of stock acquired. 300,000 6) ( 1.61%) of issued Class 7) Number of shares/amount of stock disposed N/A 8) ( N/A %) of issued Class 9) Class of security SHARES OF COMMON STOCK OF US$0.10 EACH 10) Date of transaction 26 APRIL 2001 11) Date company informed 18-APR-01 12) Total holding following this notification 2,040,000 13) Total percentage holding of issued class following this notification 10.92% 14) Any additional information GSI INFORMED QUARTO OF THE TRANSFER ON 18 APRIL, ALTHOUGH SETTLEMENT DIFFICULTIES DELAYED THE TRANSFER UNTIL 26 APRIL. 15) Name of contact and telephone number for queries MR T.A. CURTHOYS TEL: 020 7700 9012 16) Name and signature of authorised company official responsible for making this notification Date of Notification 1 MAY 2001 DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY THE QUARTO GROUP INC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST M&G INVESTMENT MANAGEMENT LIMITED 3) Please state whether notification indicates that it is in respect of holding of the Shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 IN RESPECT OF 2 ABOVE 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. PRUDENTIAL CLIENT HSBC GIS NOMINEE (UK)LIMITED PAC ACCOUNT 5) Number of shares/amount of stock acquired. N/A 6) ( N/A) of issued Class 7) Number of shares/amount of stock disposed 300,000 8) ( 1.61%) of issued Class 9) Class of security SHARES OF COMMON STOCK OF US$0.10 EACH 10) Date of transaction 26 APRIL 2001 11) Date company informed N/A 12) Total holding following this notification 289,132 13) Total percentage holding of issued class following this notification 1.55% 14) Any additional information 15) Name of contact and telephone number for queries MR T.A. CURTHOYS TEL: 020 7700 9012 16) Name and signature of authorised company official responsible for making this notification Date of Notification 1 MAY 2001
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