Holding(s) in Company

Quarto Group Inc
14 January 2008


TR-1(i):               Notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing           The Quarto Group Inc
shares to which voting rights are attached(ii):

2. Reason for the notification     (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights                                                  X

An acquisition or disposal of financial instruments which may result in the acquisition of

shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation    Ennismore Fund Management Limited
(iii):

4. Full name of shareholder(s) (if different from 3.)(iv):       1) Ennismore European Smaller Companies
                                                                                   Fund

                                                                 2) Ennismore European Smaller Companies
                                                                            Master Hedge Fund

5. Date of the transaction (and date on which the threshold is              11th January, 2008
crossed or reached if different)(v):

6. Date on which issuer notified:                                           14th January, 2008

7. Threshold(s) that is/are crossed or reached:                                  11%

8. Notified details:






A: Voting rights attached to shares
Class/type of      Situation previous to   Resulting situation after the triggering transaction(vii)
shares             the Triggering
                   transaction (vi)
 if possible using Number of   Number of   Number of   Number of voting       % of voting rights
the ISIN CODE      Shares      Voting      shares      rights ix
                               Rights viii Direct      Direct  x   Indirect   Direct       Indirect
                                                                   xi
                  

US74772E1001       2,057,500   2,057,500   2,270,000   2,270,000              11.10%


B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument           xiii            Period/ Date xiv          that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.



Total (A+B)
Number of voting rights                            % of voting rights
2,270,000                                          11.10%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable xv:

1)      Ennismore European Smaller Companies Fund = 1,166,350 shares

2)      Ennismore European Smaller Companies Master Hedge Fund = 1,103,650 shares

Therefore, the total under management:

Ennismore Fund Management Limited = 2,270,000 shares


Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:
14. Contact name:                               Mick Mousley
15. Contact telephone number:                020 7700 9004




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