Holding(s) in Company

IQE PLC
19 July 2005


                            IQE plc (the 'Company')

                                Holding in Company

The Company was informed on 18 July 2005 by Legal & General Group plc that,
Legal & General Group plc and its subsidiaries have a material interest in
10,000,000 ordinary shares of 1p each in the Company ('Ordinary Shares'),
representing 3.16 per cent. of the Company's issued ordinary share capital.
These Ordinary Shares are registered under HSBC Global Custody Nominee (UK) Ltd
A/c 887711.

19 July 2005




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