  We have synthesized single crystals of K1.00(3)Fe0.85(2)Ag1.15(2)Te2.0(1).
The materials crystallizes in the ThCr2Si2 structure with I4/mmm symmetry and
without K and Fe/Ag deficiencies, unlike in KxFe2-ySe2 and KxFe2-yS2. In
contrast to theoretical prediction for higher Tc in KFe2Te2, KFe0.85Ag1.15Te2
is a semiconductor with long-range antiferromagnetic transition at TN = 35 K.
