As
filed with the Securities and Exchange Commission on November 17, 2004



# **FORM 6-K**

**SECURITIES AND EXCHANGE
  COMMISSION**
  **Washington, D.C. 20549**

**Report of Foreign
  Private Issuer****Pursuant to Rule 13a-16
  or 15d-16 ofThe Securities Exchange Act
  of 1934**



# New Skies Satellites
N.V.

Rooseveltplantsoen 4 
2517 KR The Hague
  The Netherlands

|Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F
|------------------------------------------------------------------------------------------------------------------

| | Form 20-F...X... | Form 40-F......
| | ---------------- | ---------------

|Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | Yes...... | No...X....
| | --------- | ----------

|If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): .............................N/A...................................................................................
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





---



Notice
of the initial distribution of the sale proceeds to New Skies shareholders

THE HAGUE, Netherlands,November 16, 2004  New Skies Satellites N.V. in liquidation (New
Skies or the company) today announced that the companys liquidator
has resolved to make a provisional liquidation distribution (uitkering bij
voorbaat) to New Skies shareholders of US$7.55 per ordinary share,
representing approximately 95 percent of the net proceeds of the sale.

Holders of ordinary shares traded on
Euronext Amsterdam and American Depository Shares (ADSs) traded on the New York Stock
Exchange are entitled to a distribution on the shares that were registered in their name
on November 2, 2004, as of the close of business. Holders of ordinary shares traded on
Euronext Amsterdam will receive an amount per share of EUR 5.8245 through the affiliated
institutions with Euroclear Nederland on November 17, 2004. Holders of ADSs traded on the
New York Stock Exchange will receive an amount per share of US$ 7.55 on November 17,
2004. Distributions with respect to ADSs shall be made by The Bank of New York.

Holders of registered shares that were
registered as such in New Skies share register on November 2, 2004, are entitled to
an amount per share of US$7.55. Distributions with respect to registered shares will be
made directly by New Skies.

# Final distribution

Following this initial distribution,
holders of ordinary bearer and registered shares and ADSs are entitled to a final
distribution on the ordinary shares and ADSs, respectively, that were registered in their
name as of the close of business on November 2, 2004.

This final distribution will
constitute the remaining sale proceeds and will be made following the expiration of the
statutory two-month opposition period in connection with the companys liquidation
and provided that any potential opposition has been taken into account and subject to
final verification by the liquidator immediately prior to payment.

Further information of the final
distribution to shareholders will be provided when the relevant dates have been
determined.

# Trade suspension and
de-listing

Trading in the companys ordinary
shares on Euronext Amsterdam and the ADSs on the New York Stock Exchange is suspended and
will continue to be suspended until the effective date of de-listing from both exchanges,
which is expected to be shortly after the expiration of the statutory two-month opposition
period and consequent payment of the final distribution.

# About New Skies
Satellites N.V. in liquidation

On June 5, 2004, New Skies Satellites
N.V. signed a definitive agreement for the sale of substantially all of its assets and
liabilities to New Skies Satellites B.V., an affiliate of The Blackstone Group, a leading
private investment firm, for $956 million in cash, equivalent to approximately $7.96 per
fully diluted share. New Skies Satellites N.V. in liquidation began formal liquidation
proceedings in the Netherlands following the closing of the transaction on November 2,
2004. Its former business and operations are now being operated by the acquiring company,
New Skies Satellites B.V.



|                                               |  |                
|---------------------------------------------- |  | ---------------
|For enquiries, please contact:                 |  |                
|Jeff Bothwell                                  |  |                
|Corporate Communications, New Skies Satellites |  | +31 70 306 4239
|Jbothwell@newskies.com                         |  | +31 6 1131 0183
|                                              
|Boris Djordjevic                               |  |                
|Investor Relations, New Skies Satellites       |  | +31 70 306 4183
|bdjordjevic@newskies.com                       |  |                

---

# SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



New Skies Satellites N.V.

By: /s/ Tim Koster
    Name:  Tim C. Koster
    Title:   Managing Director of NSS Liquidator B.V.

Date: November 17, 2004