Director/PDMR Shareholding

IQE plc

("IQE" or the "Company")


Directors' Dealings

IQE  announces that on 31 March 2010, Phil  Rasmussen, Group Finance Director of
IQE,  purchased 60,000 ordinary  shares in  the Company  at an  average price of
16.5 pence   per   share.  Following  this  transaction,  Mr  Rasmussen's  total
beneficial  interest  in  the  Company  is  60,000 ordinary  shares representing
0.013% of the issued share capital.

In  addition, IQE announces that Dr Drew Nelson, Chief Executive of IQE, as part
of  the  rearrangement  of  his  personal  pension  and IQE shareholding, on 01
April sold  1,384,126 ordinary shares  of IQE  at 15.75 pence  per share and his
personal  SIPP has purchased 1,384,126 ordinary shares of IQE at 15.75 pence per
share, by means of a simultaneous purchase and sale transaction.

Following  this transaction,  Dr Nelson's  sole beneficial  interest in ordinary
shares  of  IQE,  including  those  held  within  his SIPP, remains unchanged at
27,391,303 shares  representing  6.168% of  the  issued  share  capital  of  the
Company, being 444,044,832.



Contacts:


IQE plc ([phone])
Chris Meadows

Execution Noble & Company Limited (+ 44 20 7456 9191)
John Llewellyn-Lloyd
Sam Reynolds


[HUG#1400542]