The Hague, The Netherlands, February 11, 2002 – New Skies Satellites N.V. (AEX, NYSE: NSK), the global satellite communications company, has increased the satellite capacity it is providing to three Internet Service Providers based in the former Yugoslavia by between 41 percent and 120 percent because of growing demand for their services.

The ISPs are: Sezampro from Belgrade (120 percent increase), Kosovo-based IPKOnet (33 percent) and Macedonia Online of Skopje (41 percent).

The satellite service, branded IPsys®, connects customers to the U.S. Internet backbone using New Skies’ NSS-K satellite located at 338.5 degrees East longitude and routes the links via New Skies’ Washington DC mediaport.

Multi-homing satellite links enable ISPs to offer their customers one-hop connections from the global Internet backbone, thus reducing latency and IP packet loss. The IPsys® service makes use of direct peering with Tier 1 Internet backbone providers for more direct and thus more robust connections.

“In an environment with few alternatives, our customers depend on us for completely reliable communications,” said Bujar Musa, CFO of IPKOnet. “Therefore, the quality of service we require from a satellite network, as well as the technical support we need, are critical.

Musa continued: “In anticipation of strong demand for our newly-launched, unlimited dial-up access package we decided we needed additional satellite capacity. There was no question that we would go to New Skies Satellites for it because their service has been outstanding.”

“These ISPs are introducing some of the most advanced communications capabilities to the Balkans, and we at New Skies Satellites are proud to be part of their business plans,” said Howard Farr, New Skies’ vice president of European sales. “This is a region of tremendous growth potential for us.”

New Skies Satellites (AEX, NYSE: NSK) is one of only four fixed satellite communications companies with truly global satellite coverage, offering video, voice, data and Internet communications services to a range of telecommunications carriers, broadcasters, large corporations and Internet service providers around the world. New Skies has five satellites in geosynchronous orbit and ground facilities around the world. The company also has three new spacecraft under construction, which are planned to serve the Atlantic Ocean Region, Asia and the Americas. In line with its growth strategy, the company has secured certain rights to make use of four additional orbital positions. New Skies is headquartered in The Hague, The Netherlands, and has offices in London, Johannesburg, New Delhi, São Paulo, Singapore, Sydney and Washington, D.C. Additional information is available at www.newskies.com .

In operation since 1999, IPKOnet’s customers include all of the UN agencies operating in Kosovo, NATO, the World Bank and other national banks, government offices as well as Internet cafes and other businesses throughout the country. IPKOnet also provides dial-up service for around 3000 Kosovars, and is playing a crucial role in supporting the process of reconstruction and democratization of the region with free service to the local civic society sector, University of Prishtina, hospitals, cultural and art institutions, and high schools.

Macedonia On-Line, a Skopje-based ISP, also offers seminars and training courses on information technology, domain registration and Web page creation and hosting.

Sezampro, the largest on-line system in Yugoslavia, offers full Internet access and valuable content, an advanced conference system (including private conferences for limited audiences), carefully selected public domain and shareware software, interesting chat, as well as a good opportunity to make contacts with Yugoslav companies, primarily in the area of the IT industry. Founded as a Bulletin Board Service is 1989, Sezampro evolved into a full ISP in 1995, and offers the best of both worlds: valuable content and full Internet access.

Additional information is available at http://www.newskies.com, or please contact:
Elizabeth Hess, New Skies Satellites
Tel: +31 70 306 4133, Mobile: +31 6 2906 2492
ehess@newskies.com