Additional Listing

IQE PLC
19 July 2002


                            IQE plc ('the Company')

                               Additional Listing


Application has today been made to the UK Listing Authority and the London Stock
Exchange for 250,00 ordinary shares of 1p each in the Company ('Ordinary
Shares') to be admitted to the Official List. The Ordinary Shares are being
issued to the IQE plc General Employee Benefit Trust established for non-UK
approved employee benefit schemes. Admission is expected to become effective on
24 July 2002.


19 July 2002



For further information, please contact:

Leslie Coventry, IQE plc                  02920 839400

Chris Meadows, IQE plc                    02920 839400

Matthew Wood, Beeson Gregory Ltd          020 7488 4040



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