QRT.L Regulatory News (QRT)

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 

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:

Mackenzie Cundill Investment Management Ltd. On behalf of itself and Mackenzie Financial Corporation (which has an individual notification obligation)

4. Full name of shareholder(s) (if different from 3.):

Chase Nominees Limited

(1,080,000 voting rights)

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

16th May 2008

6. Date on which issuer notified:

20th May 2008

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

5% (see box 9)

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 

Indirect 

Direct

Indirect

US74772E1001

1,000,000

(see box 9)

1,080,000

1,080,000

 (see box 9)

5.28%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument 

Expiration date 

Exercise/ Conversion Period/ Date 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

1,080,000

5.28%

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

5.28% of the voting rights are by Mackenzie Cundill Investment Management (Bermuda) Ltd, as investment manager, which has a disclosable interest as a resultof DTR 5.2.1R(h).

Mackenzie (Rockies) Corp. is a 100% shareholder of Mackenzie Cundill Investment Management (Bermuda)Ltd.

Mackenzie Financial Corporation is a 100% shareholder of Mackenzie (Rockies) Corp. and has an indirect holding of 5.28% as a result of DTR5.2.1R(e)

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