18 March 2013

Holding(s) in Company
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: 		THE QUARTO GROUP INC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify): DECREASE IN ISSUED SHARE CAPITAL YES
3. Full name of person(s) subject to the
notification obligation: 		HARWOOD CAPITAL LLP as investment manager/adviser
4. Full name of shareholder(s) 
(if different from 3.): 		(i) ORYX INTERNATIONAL GROWTH FUND LIMITED  

(ii) NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC  

(iii) HARWOOD CAPITAL LLP
5. Date of the transaction and date on
which the threshold is crossed or
reached: 		13 MARCH 2013
6. Date on which issuer notified: 18 MARCH 2013
7. Threshold(s) that is/are crossed or
reached: 		TOTAL HOLDING THROUGH 20%
INDIVIDUAL HOLDING NO. 1 THROUGH 15%
INDIVIDUAL HOLDING NO.2 THROUGH 5%

8. Notified details:
A: Voting rights attached to shares
Class/type of
shares

if possible using
the ISIN CODE 		Situation previous
to the triggering
transaction 		Resulting situation after the triggering transaction
Number
of
Shares 		Number
of
Voting
Rights 		Number
of shares 		Number of voting
rights 		% of  voting rights
Direct Direct Indirect Direct Indirect
US74772E1001

HOLDER 1 		  3,000,000   3,000,000 3,000,000 3,000,000

15.23%
HOLDER 2 1,000,000 1,000,000 1,000,000 1,000,000

5.08%
HOLDER 3 25 25 25 25

NEGLIGIBLE

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






C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument 		Exercise price Expiration date Exercise/
Conversion period 		Number of voting rights instrument refers to   % of voting rights  




Nominal Delta



Total (A+B+C)
Number of voting rights Percentage of voting rights
4,000,025 20.31

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

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: Calculated using the total voting rights figure announced to the market on 13 March 2013 of 19,696,729.
14. Contact name: Bonita Guntrip
15. Contact telephone number: 020 7640 3203
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