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We present numerical simulations of electromagnetic millimeter-wave propagation in a two-dimensional lattice of dielectric rods arranged in a tenfold Penrose tiling. We find (i) isotropic photonic band gap as expected for quasicrystals and (ii) localized states. We demonstrate that the high frequency edge of the second band gap is characterized by a very small refractive index (fast light). We study the transmission of electromagnetic waves in the frequency range corresponding to fast light and demonstrate that it is related to tunneling through localized states. We use the fast light phenomenon to design a focusing device—a planoconcave lens.