Holding(s) in Company

IQE plc
("IQE" or the "Company")



Notification of Interest




25 February 2009



It was confirmed to  the Company on  23 February 2009  that as at  31
December 2008,  River  &  Mercantile Asset  Management  LLP  held  an
interest over 13,456,200 ordinary 1 pence shares in IQE, being  3.10%
of the issued share capital of the Company.

The total  number  of  the  Company's ordinary  shares  in  issue  is
433,556,931.



Contacts:

IQE plc ([phone])
Chris Meadows
Phil Rasmussen

Noble & Company Limited (+ 44 20 7763 2200)
John Llewellyn-Lloyd
Sam Reynolds

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