Result of Meeting

Quarto Group Inc
16 May 2003




                             THE QUARTO GROUP, Inc


Result of Special Meeting


At a Special Meeting of the holders of common stock in London yesterday
afternoon, a resolution authorising Quarto to make market purchases of common
stock representing up to approximately 15% of the Company's issued common stock
was not passed.




Enquiries:

The Quarto Group, Inc
Mick Mousley                                                     020-7700 9005

Bankside Consultants Limited
Charles Ponsonby                                                 020-7444 4166







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