Timing properties of the narrow-line Seyfert 1 galaxy IRAS 13224-3809 observed by CHANDRA Pfefferkorn F. and Boller Th.$^1$ $^1$Max-Planck-Institut f\"ur extraterrestrische Physik, Giessenbachstra{\ss}e, Postfach 1312, 85741 Garching, Germany The narrow-line Seyfert 1 galaxy (NLS1) IRAS~13224-3809 was observed with the CHANDRA High Resolution Camera (HRC-I) for 12 ksec on the 2nd of February 2000. The source was proposed for CHANDRA observations to precisely determine the X-ray centroid position and to investigate the timing properties. The position derived from the CHANDRA observation confirms the strongly variable X-ray emission (Boller et al., 1997) associated with IRAS~13224-3809. Most interestingly, the CHANDRA HRC-I light curve shows quasi-periodic oscillations. The strongest signal is found at 2500 seconds. Obscurations by Compton-thick matter might provide a plausible explanation for the quasi-periodic oscillations.