Statement re. Press Comment

Quarto Group Inc
09 July 2003


                             THE QUARTO GROUP, INC


                      Comment on recent press speculation


The Board of Quarto, the London based and listed international book publisher,
has noted the recent press speculation, and movement in the Company's share
price.


The Board states that, in conjunction with its advisors, it is considering an
approach made to it which, subject to certain significant preconditions, might
lead to an offer being made for the Company.

Enquiries:
Bankside Consultants Limited
Charles Ponsonby                                                 020-7444 4166










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