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We report a 133‐ks  XMM–Newton  observation of the Seyfert 1 galaxy Markarian 335. The 0.4–12 keV spectrum contains an underlying power‐law continuum, a soft excess below 2 keV, and a double‐peaked iron emission feature in the 6–7 keV range. We investigate the possibility that the double‐peaked emission might represent the characteristic signature of the accretion disc. Detailed investigations show that a moderately broad accretion disc line is most likely present, but that the peaks may be due to narrower components from more distant material. The peaks at 6.4 and 7 keV can be identified, respectively, with the molecular torus in active galactic nucleus unification schemes, and very highly ionized, optically thin gas filling the torus. The X‐ray variability spectra on both long (∼100 ks) and short (∼1 ks) time‐scales do not support the recent suggestion that the soft excess is an artefact of variable, moderately ionized absorption.

On the relativistic iron line and soft excess in the Seyfert 1 galaxy Markarian 335