The Hague, The Netherlands, July 30, 2002 – New Skies Satellites N.V. (AEX, NYSE: NSK), the global satellite communications company, today reported financial results for the three- and six-month periods ended June 30, 2002. Revenues for the quarter were $49.2 million, EBITDA was $26.9 million, and net income was $4.4 million prior to the effect of the adoption of the new accounting principle relating to goodwill, the Statement of Accounting Standards No. 142 (SFAS No. 142), which was introduced on January 1, 2002.

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