New Skies Reports Third Quarter 2002 Earnings and Announces Share Buyback
29 October 2002

THE HAGUE, Netherlands, October 29, 2002 Œ New Skies Satellites N.V. (AEX, NYSE: NSK), the global satellite communications company, today reported financial results for the three- and nine-month periods ended September 30, 2002. Revenues for the quarter were $48.7 million, EBITDA was $27.0 million, and net income was $3.5 million.

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