Holding(s) in Company

Quarto Group Inc
1 July 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company

       The Quarto Group Inc

2.     Name of shareholder having a major interest

       Invesco English and International Trust plc

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.

       As above

4.     Name of the registered holder(s) and, if more than one holder, the number of shares held by each of
       them

       Chase Nominees Limited

5.     Number of shares/amount of stock acquired

       325,000

6.     Percentage of issued class

       1.74%

7.     Number of shares/amount of stock disposed

       N/A

8.     Percentage of issued class

       N/A

9.     Class of security

       Shares of common stock US$0.10 each

10.    Date of transaction

       27th June 2002

11.    Date company informed

       28th June 2002

12.    Total holding following this notification

       725,000

13.    Total percentage holding of issued class following this notification

       3.88%

14.    Any additional information



15.    Name of contact and telephone number for queries

       Mr M Mousley 020 7700 9005

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

       Mr M Mousley Finance Director

Date of notification: 1 July 2002



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