Holding(s) in Company

IQE PLC
14 February 2007

IQE PLC

14 February 2007



                                    IQE plc

                          (the ''Company'' or ''IQE'')

                            Notification of Interest


The Company has been informed by a letter dated 12 February 2007 that Gartmore
Investment Limited and their subsidiaries reduced their notifiable interest in
ordinary 1p shares in the Company. As a result, the aggregate discretionary
holding is now 9.64%.



Gartmore's shares are split between the following companies:



Fund Management Company                Number of shares held       %



Gartmore Investment Ltd                    21,876,680              5.09%



Gartmore Fund Managers Ltd                 19,592,080              4.55%



TOTAL                                      41,468,760              9.64%





Contacts



IQE plc                              [phone] 
Leslie Coventry


Noble & Company Limited              [phone]
John Llewellyn-Lloyd
Graeme Bayley




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