Holding(s) in Company

IQE PLC
05 November 2004

                                        
                            IQE plc ('the Company')
                                        
                             Holding in the Company 





The Company was notified today by Canada Life Limited, that following the
purchase of 2,000,000 ordinary shares of 1 pence each in the Company ('Ordinary
Shares') at 11.6 pence each, Canada Life Marketing Group is now interested in
14,551,156 Ordinary Shares. These Ordinary Shares represent 4.6 per cent. of the
issued share capital of the Company.



05 November 2004



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