XMM-Newton observations of the low luminosity, radio-quiet quasar Markarian
305 have revealed a unique iron K emission line profile. In marked contras
t to the broad and redshifted iron K line commonly seen in ASCA observation
s of Seyfert 1 galaxies, we find that a substantial amount of the line flux
ill Mrk 205 occurs above the neutral line energy of 6.4 keV. Furthermore,
we find that the iron line emission has tyro distinct components, a narrow,
unresolved neutral line at 6.4 keV and a broadened line centred at 6.7 keV
. We suggest that the most likely origin of the 6.7 keV line is from X-ray
reflection off the surface of a highly ionised accretion disk, whilst the 6
.4 keV component may arise from neutral matter distant from the black hole,
quite possibly in the putative molecular torus. Overall this observation u
nderlines the potential of XMM-Newton for using the iron It line as a diagn
ostic of matter in the innermost regions of AGN.