UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 4, 2005 Date of Earliest Event Reported: January 31, 2005 NDS Group plc (Exact Name of Registrant as Specified in its Charter) England and Wales 0-30364 None (State or other jurisdiction (Commission I.R.S. Employer of incorporation) File Number) Identification No.) One London Road, Staines, Middlesex, TW18 4EX, United Kingdom (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: +44 208 476 8000 [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 1.01. Entry into a Material Definitive Agreement At a meeting of the Board of Directors of NDS Group plc ("the Company") held on January 31, 2005 it was unanimously resolved that the remuneration payable to the independent Directors of the Company for the financial year 2004/2005 shall remain fixed at the same rate as last year i.e:- 1. Annual fee $75,000 2. Audit Committee Membership $15,000 3. Audit Committee Chairmanship $10,000 4. Compensation Committee Membership $2,500 5. Compensation Committee Chairmanship $1,000 - -------------------------------------------------------------------------------- Page 2 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. Date: February 4, 2005 NDS Group plc By: /s/ A Peled ----------------------------------- Abraham Peled President & Chief Executive Officer - -------------------------------------------------------------------------------- Page 3