Annual Report and Accounts

IQE PLC
26 May 2005


                            IQE plc ('the Company')

                                  Annual Report
                                        
Copies of the Company's Annual Report and Accounts are available for inspection
at the offices of Evolution Securities Limited 100 Wood Street, London EC2V 7AN
and will remain available for viewing for at least one calendar month from the
date of this announcement.

26 May 2005



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