Additional Listing

IQE PLC
16 July 2002



                            IQE plc ('the Company')

                               Additional Listing


Application has today been made to the UK Listing Authority and the London Stock
Exchange for 33,610 ordinary shares of 1p each in the Company ('Ordinary
Shares') to be admitted to the Official List. The Ordinary Shares are being
issued to a former employee pursuant to the exercise of options under the
Company's Employee Share Option Scheme. Admission is expected to become
effective on 22nd July 2002.


16th July 2002




For further information, please contact:

Leslie Coventry, IQE plc             02920 839400

Chris Meadows, IQE plc               02920 839400

Sarah Green, Beeson Gregory Ltd      020 7488 4040



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