HAMILTON, Bermuda, September 20, 2005 - New Skies Satellites Holdings Ltd. (NYSE:NSE) announced today that its board of directors has declared a quarterly cash dividend for the period from July 1, 2005 to September 30, 2005, in the amount of $0.463125 per share, payable on or about October 15, 2005 to shareholders of record on September 30, 2005.

About New Skies Satellites (NYSE :NSE)

New Skies Satellites is one of only four fixed satellite communications companies with global satellite coverage, offering data, video, Internet and voice communications services to a range of telecommunications carriers, broadcasters, large corporations, Internet service providers and government entities around the world. New Skies has five satellites in orbit, one spacecraft under construction (NSS-8) and ground facilities around the world. New Skies Satellites Holdings Ltd. is headquartered in Hamilton, Bermuda and has subsidiaries with offices in The Hague, Hong Kong, New Delhi, São Paulo, Singapore, Sydney and Washington, D.C.

For additional information, please contact:

Melanie Dickie
Corporate Communications, New Skies Satellites  
mdickie@newskies.com   

Boris Djordjevic
Investor Relations, New Skies Satellites
bdjordjevic@newskies.com