The title may not be so clear, but what I want to do is to make the UIImageView display a series of images (sort of like a gif) and I do this by setting the animationI
This is not a good way to make a sprite. I could insist that you should be using OpenGL, but there may be no need to go that far; you can do it all with Core Animation of a layer, and I think you'll be better off doing that than trying to use a full-fledged UIImageView.
Using Core Animation of a layer, I was able to make this PacMan sprite animate across the screen while opening and closing his mouth; isn't that the sort of thing you had in mind?

Here is a video showing the animation!
http://www.youtube.com/watch?v=WXCLc9ww8MI
And yet the actual code creating the animation is extremely simple: just two layer animations (Core Animation), one for the changing image, the other for the position.
You should not award this answer the bounty! I am now merely echoing what Seamus Campbell said; I'm just filling out the details of his answer a little.
Okay, so here's the code that generates the movie linked above:
- (void)viewDidLoad {
[super viewDidLoad];
// construct arr, an array of CGImage (omitted)
// it happens I've got 5 images, the last being the same as the first
self.images = [arr copy];
// place sprite into the interface
self.sprite = [CALayer new];
self.sprite.frame = CGRectMake(30,30,24,24);
self.sprite.contentsScale = [UIScreen mainScreen].scale;
[self.view.layer addSublayer:self.sprite];
self.sprite.contents = self.images[0];
}
- (void)animate {
CAKeyframeAnimation* anim =
[CAKeyframeAnimation animationWithKeyPath:@"contents"];
anim.values = self.images;
anim.keyTimes = @[@0,@0.25,@0.5,@0.75,@1];
anim.calculationMode = kCAAnimationDiscrete;
anim.duration = 1.5;
anim.repeatCount = HUGE_VALF;
CABasicAnimation* anim2 =
[CABasicAnimation animationWithKeyPath:@"position"];
anim2.duration = 10;
anim2.toValue = [NSValue valueWithCGPoint: CGPointMake(350,30)];
CAAnimationGroup* group = [CAAnimationGroup animation];
group.animations = @[anim, anim2];
group.duration = 10;
[self.sprite addAnimation:group forKey:nil];
}