Holding in Company

Quarto Group Inc
2 February 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE QUARTO GROUP INC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     ORYX INTL. GROUP

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

     BENEFICIAL INTEREST 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.

     JO HAMBRO CAPITAL MGT

5)   Number of shares/amount of stock acquired.

     900K

6)   (4.82%) of issued Class

7)   Number of shares/amount of stock disposed

     -

8)   ( - %) of issued Class

9)   Class of security

     SHARES OF COMMON STOCK OF USD0.10 EACH

10)  Date of transaction

     DECEMBER 2001

11)  Date company informed

     -

12)  Total holding following this notification

     900K
               
              
13)  Total percentage holding of issued class following this notification

     4.82%

14)  Any additional information

     -

15)  Name of contact and telephone number for queries

     TOBY CURTHOYS    020 7700 9012

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ......2 FEBRUARY 2001..................