Additional Listing

IQE PLC
12 September 2002


                            IQE plc ('the Company')
                               Additional Listing

Application has today been made to the UK Listing Authority and the London Stock
Exchange for 249,050 ordinary shares of 1p each in the Company ('Ordinary
Shares') to be admitted to the Official List.  The Ordinary Shares are being
issued to IQE employees following the exercise of employee options. Admission is
expected to become effective on 17 September 2002.

12 September 2002

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