Additional Listing

IQE PLC
14 May 2003



                            IQE plc ('the Company')

                               Additional Listing


Application has today been made to the UK Listing Authority and the London Stock
Exchange for 11,880 ordinary shares of 1p each in the Company ('Ordinary
Shares') to be admitted to the Official List and to trading on the London Stock
Exchange's main market. These Ordinary Shares are being issued to former
employees of the Company following the exercise of share options.


Admission of all the Ordinary Shares is expected to become effective on 19 May
2003.





14 May 2003





For further information, please contact:
Leslie Coventry, IQE plc                                          02920 839400
Chris Meadows, IQE plc                                            02920 839400
Matthew Wood, Evolution Beeson Gregory Ltd                       020 7488 4040



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