Additional Listing

RNS Number:2152K
IQE PLC
22 April 2003

                            IQE plc ("the Company")
                               Additional Listing


Application has today been made to the UK Listing Authority and the London Stock
Exchange for a total of 467,826 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
non-executive directors of the Company in payment of fees as follows:

334,295 Ordinary Shares, representing approximately 0.18% of the issued share
capital of the Company, are being issued to Dr G.H.H. Ainsworth in settlement of
his Chairman's fees for the first quarter of 2003. Following this issue, Dr
G.H.H. Ainsworth will be interested in 995,183 Ordinary Shares, representing
approximately 0.53% of the issued share capital of the Company.

133,531 Ordinary Shares, representing approximately 0.07% of the issued share
capital of the Company, are being issued to Mr S. Gibson in settlement of his
non-executive director's fees for the first quarter of 2003. Following this
issue, Mr S. Gibson will be interested in 222,097 Ordinary Shares, representing
approximately 0.12% of the issued share capital of the Company.

Admission of all the Ordinary Shares is expected to become effective on 25 April
2003.


22 April 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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