Holding(s) in Company

IQE PLC
25 August 2006

IQE PLC

25 August 2006





                                    IQE plc



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


                            Notification of Interest


The Company has been informed by a letter dated 21 August 2006 that Gartmore
Investment Limited, Gartmore Fund Managers Limited and Gartmore Global Partners
reduced their notifiable interest in ordinary 1p shares in the Company. As a
result, the aggregate discretionary holding is now 8.04%.



Gartmore's shares are split between the following companies:



Fund Management Company                                  Number of shares held



Gartmore Investment Ltd                                  17,284,935



Gartmore Fund Managers Ltd                               15,242,414



TOTAL                                                    32,527,349




Contacts



IQE plc                       [phone]
Leslie Coventry



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




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