Singapore, June 14, 2001: New Skies Satellites, (AEX, NYSE: NSK), the global satellite communications company, has signed a major contract with Taiwanese telecom company New Century Info Comm (NCIC) for 65 Megabits (Mbps) of satellite capacity to be used primarily for Internet backbone connectivity.

NCIC, which was recently awarded fixed and mobile licenses in Taiwan, will use New Skies’ Internet service, trademarked IPsysSM , to connect to the U.S. Internet backbone.

“New carriers and ISPs in Taiwan are increasingly adding satellite links to their mix of solutions for Internet connectivity,” said Dr. Eui Koh, Vice President of Asia Pacific Sales for New Skies. “Satellite networks offer these customers a cost-efficient platform that can be deployed quickly and flexibly.”

“With the growing number of ISPs in Taiwan, there is a shortage of high quality, affordable capacity to carry Internet traffic. New Skies is proving time and again that it can deliver this capacity, tailored to each customer’s needs.”

About IPsysSM
IPsysSM creates a direct connection from the Internet backbone to an ISP’s local service point using a high-speed Digital Video Broadcast (DVB) or Single Channel per Carrier (SCPC) connections.

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 IPsysSM service makes use of direct peering with Tier 1 Internet backbone providers for more direct and thus more robust connections.

Currently, New Skies provides over 700 Mbps of Internet connectivity directly to ISP customers around the world through five DVB platforms and SCPC carrier services covering India, South and East Africa, Central Africa, Asia and Latin America, making New Skies one of the largest Internet-over-satellite players in the industry.

ABOUT NEW SKIES SATELLITES (AEX, NYSE: NSK)
New Skies is a global satellite communications company with five satellites in geosynchronous orbit and ground facilities around the world. New Skies has three new spacecraft under construction, which are planned to serve the Atlantic Ocean Region, Asia and the Americas. Headquartered in The Hague, The Netherlands, and with offices in London, New Delhi, São Paulo, Singapore, Sydney and Washington, D.C., New Skies is one of only three fixed satellite services companies with truly global satellite coverage. New Skies offers video, voice, data and Internet communications services to a range of telecommunications carriers, broadcasters, large corporations and Internet service providers around the world.

By combining its satellite resources with terrestrial communications facilities, New Skies is developing a broadening range of state-of-the-art, value-added, high-quality satellite communications services. New Skies’ fastest growing revenue stream comes from data transmissions, including Internet traffic and corporate networks. New Skies estimates that approximately 61% of new business in 2000 was for Internet services. The company completed its Initial Public Offering in October 2000, listing on both the Euronext Amsterdam exchange and the New York Stock Exchange.

Additional information is available at http://www.newskies.com.

For any further information, please contact:
Daniëlle Keukenmeester, Corporate Communications, New Skies Satellites
Tel: +31 70 306 4227, dkeukenmeester@newskies.com