SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* KONINKLIJKE PHILIPS ELECTRONICS NV (Last) (First) (Middle) BREITNER TOWER, AMSTELPLEIN 2 1070 MX, AMSTERDAM (Street) EINDHOVEN P7 1096 BC (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/29/2004	3. Issuer Name and Ticker or Trading Symbol NAVTEQ CORP [ NVT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,023,851,254	I(1)	See footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Put/Call	(2)	(2)	Common Stock	36,126,023	$116,417,544(2)	I(1)(2)	See footnotes(1)(2)

1. Name and Address of Reporting Person* KONINKLIJKE PHILIPS ELECTRONICS NV (Last) (First) (Middle) BREITNER TOWER, AMSTELPLEIN 2 1070 MX, AMSTERDAM (Street) EINDHOVEN P7 1096 BC (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* PHILIPS CONSUMER ELECRONIC SERVICES BV (Last) (First) (Middle) GROENEWOUDSEWEG 1, BUILDING: VO-1 PO BOX: 5621 BA (Street) EINDHOVEN P7 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. These shares are owned by Philips Consumer Electronic Services B.V. ("Philips B.V."), which is a wholly owned subsidiary of Koninklijke Philips Electronic N.V. ("Philips"). Philips is an indirect beneficial owner of the reporting securities.

2. Pursuant to a stock purchase agreement among Philips, NavPart I B.V. ("NavPart I") and NavPart II B.V. ("NavPart II"), 36,126,023 shares of common stock of NAVTEQ Corporation ("NAVTEQ") were transferred to NavPart II. On 12/01/05 the shares of NavPart II will become subject to a certain put and call arrangement between NavPart I and Philips, whereby Philips could be obligated to purchase the shares of NavPart II for approximately $116,417,544 (subject to adjustment as provided in the stock purchase agreement). If certain specified acceleration events occur prior to 12/01/05 (including the bankruptcy of NAVTEQ or the execution of an underwriting or similar agreement for an initial public offering of NAVTEQ stock), the parties' rights under the put and call arrangement would be triggered, and Philips could be obligated to purchase the shares of NavPart II.

	/s/ Frits van Brussel, on behalf of Koninklijke Philips Electronics N. V.	04/29/2004
	/s/ Frits van Brussel, on behalf of Philips Consumer Electronic Services B. V.	04/29/2004
	** Signature of Reporting Person	Date
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