In this letter we present analysis of BeppoSAX data from a long look at the Seyfert 1 galaxy NGC 7469 .
The presence of a soft excess below 0.8 keV is confirmed by our analysis and no warm absorber component is required to fit the spectrum .
A complex iron emission line and the Compton reflection hump are clearly detected .
The profile of the line is too broad to associate this feature with distant matter .
In addition , the observed soft excess and the energy of the iron line E _ { Fe } =6.8 keV strongly support a scenario in which the hard X-rays are reprocessed by a photoionized accretion disc .
This hypothesis was tested fitting the BeppoSAX spectrum with the ionized disc reflection model of Ross & Fabian .
A second narrow line component , in addition to that produced in the disc , is also required to fit the observed iron line profile .
A high energy cut-off around 150 keV is clearly detected in the spectrum .