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 Strathcycle Pension Fund had
increased its notifiable interest to 12,757,969 ordinary 1p shares in IQE plc,
equivalent to 3.15% of the issued share capital of the Company.

Registered holder name / custodian:              Nortrust Nominees Limited

Beneficial owner name:                           Strathclyde Pension Fund

Fund manager name:                               Gartmore Investment Limited

Amount of holding:                               12,757,969 Ordinary 1p Shares

Percentage holding                               3.15%


Contacts

IQE plc                                          [phone]
Leslie Coventry

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


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