Corporate Action

IQE PLC
23 August 2000

SUB-DIVISION
SECURITY TITLE
*Ord Shs.
MNEMONIC CODE           *IQE
SEDOL CODE              *554-701
TERMS                   *Each Ord Shr of 10p is sub-divided into 10 Ord Shs of
                         1p each.
PROVISIONAL EFFECTIVE DATE *11-09-00
RECORD DATE             *08-09-00
NOTES *