Notice of Results

IQE PLC
12 February 2001





FOR IMMEDIATE RELEASE                                       12 FEBRUARY 2001


                                   IQE plc

                       Proposed Financial Calendar 2001

Preliminary Announcement of Results

*                    Q4 and annual accounts              21 March 2001
*                    Q1 accounts                         23 May 2001
*                    Q2 accounts                         22 August 2001
*                    Q3 accounts                         21 November 2001

Annual Shareholders Meeting

*                    23 April 2001



For further information, please contact:

Buchanan Communications                  Tel: [phone]
Tim Thompson/Nicola Cronk

IQE plc                                  Tel: [phone]
Les Coventry, VP of Finance