Holding(s) in Company

Quarto Group Inc
29 August 2002



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE QUARTO GROUP, INC.

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     BNY (OCS) NOMINEES 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.

     RBS DEP HL OPT INC GROWTH             (538,000 SHARES) 

     RBS TST CAVENDISH OPPORTUNITIES FUND  (180,000 SHARES)

     SUN LIFE PENSIONS MANAGEMENT LIMITED  (262,650 SHARES)

5)   Number of shares/amount of stock acquired.

     268,000

6)   ( 1.44%) 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

     15 MAY 2002 T0 20 AUGUST 2002

11)  Date company informed

     23 AUGUST 2002

12)  Total holding following this notification

     980,650
               
13)  Total percentage holding of issued class following this notification

     5.25%

14)  Any additional information



15)  Name of contact and telephone number for queries

     MR T A CURTHOYS - TEL: [phone]

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

     Date of Notification ..29 AUGUST 2002

                      This information is provided by RNS
            The company news service from the London Stock Exchange
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