We discuss the iron K line complex in NGC 1068. The line complex basic
ally consists of three components, as previously reported. A new analy
sis of the ASCA data shows that cold reflection appears to dominate th
e observed X-ray emission above 4 keV based on the detection of 'Compt
on shoulder', a weak red wing of the 6.4 keV fluorescence iron K line,
and a very flat continuum. The other two weaker lines at higher energ
ies can be identified with FeXXV and FeXXVI and suggest an highly ioni
zed X-ray mirror as well, although the line energies are systematicall
y lower than those expected from the resonant lines, consistent with a
redshift by 1.5%.