AGM Notice & Board Appt

8 May 2006 13:00

IQE PLC08 May 2006 For Immediate Release 8 May 2006 IQE plc NOTICE OF AGM AND DIRECTOR RETIREMENT IQE plc (the Company), the leading global supplier of customised wafer productsand outsourced wafer services to the semiconductor industry, is pleased toannounce the date of its seventh Annual General Meeting which will be held atits registered offices in Cardiff on Wednesday 31 May 2006, starting at 10:00am. Agendas, voting cards and copies of annual report and financial statementshave been mailed to all registered shareholders and should be received over thenext few days. The Company also anticipates presenting a pre AGM trading updateon 30 May 2006. As part of the normal three yearly re-election of officers by rotation, Dr MikeScott, currently Sales & Marketing Director, has decided not to seek re-electionand will therefore retire from the Board at the AGM .However, he will continuehis involvement with the Group as he has accepted a part time Group BusinessDevelopment Advisor role. Over the last few months, he has gradually beenreducing his overall Group Sales & Marketing role and his responsibilities havebeen re-allocated to the Sales & Marketing Executives of the four Groupoperating companies who will each report directly to Dr Drew Nelson, Group CEO. Contacts: IQE plc :Drew Nelson +44 (0)2920-839400Stuart Hall +44 (0)2920-839400Chris Meadows +44 (0)2920-839400Buchanan Communications :Tim Thompson/Nicola Cronk/ Ben Romney +44 (0)2074-665000 This information is provided by RNS The company news service from the London Stock Exchange