Holding(s) in Company

IQE PLC
28 August 2007



IQE PLC
28 August 2007

                                    IQE plc

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

                            Notification of Interest


The Company was informed on 24 August 2007 that Gartmore Investment Limited and
its subsidiaries ('Gartmore') had a notifiable interest of 43,018,395 ordinary
shares in IQE, being 9.99% of the issued share capital of the Company. Gartmore
is interested in IQE through the entities as detailed below:


Registered Holding                          Beneficial Owner                           Number of
                                                                                 ordinary shares

HSBC Global Custody Nominee UK LTD          Gartmore Fund Managers LTD                18,824,080
                                            A/C Gartmore UK & Irish Smaller
                                            Companies

BNY GIL A/C Noms LTD A/C NWSC               Gartmore Growth Opportunities plc          3,556,722

BNY GIL A/C Noms LTD A/C LST                Gartmore Smaller Companies Trust plc       8,000,000

Nortrust Nominees Limited                   Strathclyde Pension Fund                  12,637,593
Total                                                                                 43,018,395



The total number of the Company's ordinary shares of in issue is 430,762,168.
The ordinary shares referred to above are the ordinary shares of 1 pence each.



Contacts

IQE plc                              [phone]
Leslie Coventry

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


                      This information is provided by RNS
            The company news service from the London Stock Exchange