Holding(s) in Company

IQE PLC
10 November 2006

IQE plc

10 November 2006





                                    IQE plc



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



                            Notification of Interest



The Company was informed on 8 November 2006 that Gartmore Investment Management
plc increased its notifiable interest to 41,593,349 ordinary 1p shares in IQE
plc, equivalent to 10.28% of the issued share capital of the Company. The total
number of shares comprises the aggregated holdings controlled by Gartmore
Investment Limited, Gartmore Fund Managers Limited and Gartmore Global Partners,
as listed below:



Fund Management Company               Number of shares held            %

Gartmore Investment Ltd                    21,642,529               5.35%

Gartmore Fund Managers Ltd                 19,950,820               4.93%

TOTAL                                      41,593,349              10.28%


Contacts

IQE plc                                    [phone]
Leslie Coventry

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




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