IQE plc : Block listing return

IQE plc
("IQE" or the "Company")

11 May 2012

The company is providing an update to its block admission filed on 5 October 2011.

Name of company:	IQE plc
Name of scheme:	All employee share option scheme (2002)
Period of return:	From 5 October 2011 to 10 May 2012
Number of ordinary 1 pence shares in the Company ("Ordinary Shares") not issued under scheme at the end of the last period:	1,395,631
Number of Ordinary Shares issued under scheme during period:	207,256
Number of Ordinary Shares cancelled under the scheme during period:	Nil
Balance of Ordinary Shares under scheme not yet issued at end of period:	1,188,375
Number and class of Ordinary Shares originally admitted under scheme and the date of admission	1,000,000 Ordinary Shares (4 Dec 2009) 2,000,000 Ordinary Shares (11 Oct 2010) 5,000,000 Ordinary Shares (8 Nov 2010) 8,000,000 Ordinary Shares (5 Apr 2011) 6,000,000 Ordinary Shares (16 May 2012)

Application has been made to the London Stock Exchange for a block admission of 6,000,000 Ordinary Shares to satisfy obligations under the Company's existing Group Employee Share Option Scheme and other employee share incentive schemes. The shares will be allotted and issued in due course in accordance with the rules of the respective scheme(s) and will rank pari passu in all respects with the existing Ordinary Shares in issue. It is expected that admission of the Ordinary Shares under the block admission will become effective on 16 May 2012. The new Ordinary Shares will be added to the balance of 1,188,375 Ordinary Shares remaining from the previous block admission.

Contacts:

IQE plc	[phone]
Drew Nelson
Phil Rasmussen
Chris Meadows
Espirito Santo Investment Bank	+ 44 (0) 20 7456 9191
Richard Crawley
James Bromhead

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Source: IQE plc via Thomson Reuters ONE

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