FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a - 16 or 15d - 16 of the Securities Exchange Act of 1934 For the month of April 2005 01 April 2005 BRITISH SKY BROADCASTING GROUP PLC (Name of Registrant) Grant Way, Isleworth, Middlesex, TW7 5QD England (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of 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): Not Applicable EXHIBIT INDEX Exhibit EXHIBIT NO.1 Press release of British Sky Broadcasting Group plc announcing Corporate Re-organisation released on 01 April 2005 British Sky Broadcasting Group plc 1 April 2005 Corporate reorganisation In August 2004, the Group announced its intention to increase the level of distributable reserves of British Sky Broadcasting Group plc ("BSkyB"). Accordingly, BSkyB Investments Limited, a newly-formed subsidiary of BSkyB, has applied to the High Court for a reduction of share capital which, if approved by the Court, is expected to result in BSkyB having access to significant additional distributable reserves. The petition for the reduction of capital is due to be heard by the Court on 13 April 2005. In addition to its ordinary dividend payments, BSkyB is currently returning cash to shareholders by means of a share buy-back programme under an authority granted by shareholders at BSkyB's Annual General Meeting in November 2004. Enquiries: Analysts/Investors: Oliver Lewis Tel: 020 7705 3337 Robert Kingston Tel: 020 7705 3726 E-mail: investor-relations@bskyb.com Press: Julian Eccles Tel: 020 7705 3267 Robert Fraser Tel: 020 7705 3036 E-mail: corporate.communications@bskyb.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. BRITISH SKY BROADCASTING GROUP PLC Date: 01 April 2005 By: /s/ Dave Gormley Dave Gormley Company Secretary