If you are confused (as I was lol), here is a step-by-step guide.
There are two source lights: a blue one (where you are) and a purple one at the back of the tunnels. Both of these can shine into either the left or right passage (you change direction by clicking on them) and these lights will shine into the middle room where the action takes place. In the middle room, you can manipulate the pillar with the blue light and the pillar with the purple light by clicking on it so that both lights shine on a specific statue. Click the statue to seal it (notice the gold marker on the mini-map will disappear when sealed). Switch your source light to the other passage, manipulate the pillars in the middle room so that both lights fall onto a statue, seal and repeat until finished.
Clean out the spiderlings as you go along to ensure that they do not attack you when working.
When you enter, the blue light will shine into the right passage and the purple into the left passage.
Step 1: Blue Right, Purple Left
In the middle room, click only on the pillar with the purple light. Both beams will now fall on the NW statue (Moon Seal). Click on the statue to seal it.
Step 2: Blue Left, Purple Left
Follow the blue light to the source near to the entrance, click it and it will now shine into the left passage. In the middle room click on both light catching pillars. Both will now point to the SW statue (Elven Seal). Click on the statue to seal it.
Step 3: Blue Left, Purple Right
Follow the purple light to the source at the rear, click it and it will now shine into the right passage. In the middle room click only on the pillar with the blue light. Both beams will now fall onto the SE statue (Beast Seal). Click on the statue to seal it.
Step 4: Blue Right, Purple Right
Follow the blue beam to its source, click it and it will now shine into the right passage. In the middle room click on both light catching pillars. Both beams will now fall onto the NE statue (Star Seal). Click on the statue to seal it.
Hand the quest in to Valtrois standing at the blue light source and hearth out.
Enjoy!