Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  KILTS JAMES M
2. Date of Event Requiring Statement (Month/Day/Year)
01/25/2011
3. Issuer Name and Ticker or Trading Symbol
Nielsen Holdings N.V. [NLSN]
(Last)
(First)
(Middle)
C/O CENTERVIEW PARTNERS HOLDINGS LLC, 31 WEST 52ND STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10019
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 2,576,692
I
See footnotes (1) (2)
Common Stock 125,011
I
See footnotes (1) (3)
Common Stock 675,424
I
See footnotes (1) (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: 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
Options to purchase common stock (right to buy)   (5) 02/02/2017 Common Stock 208,628 $ 16 I See footnotes (1) (6)
Options to purchase common stock (right to buy)   (7) 02/02/2017 Common Stock 241,413 $ 16 I See footnotes (1) (6)
Options to purchase common stock (right to buy)   (5) 02/02/2017 Common Stock 10,122 $ 16 I See footnotes (1) (8)
Options to purchase common stock (right to buy)   (9) 02/02/2017 Common Stock 11,712 $ 16 I See footnotes (1) (8)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KILTS JAMES M
C/O CENTERVIEW PARTNERS HOLDINGS LLC
31 WEST 52ND STREET
NEW YORK, NY 10019
  X      

Signatures

/s/ Harris Black, authorized signatory 01/25/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reporting person is an employee of an affiliate of Centerview Capital, L.P., Centerview Employees, L.P. and Centerview VNU LLC (collectively, "Centerview"). As such, the reporting person may be deemed to beneficially own the shares of the Issuer that may be deemed to be directly or indirectly beneficially owned by Centerview. The reporting person disclaims beneficial ownership of such shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.
(2) Represents securities of the Issuer held by Centerview Capital, L.P. through Valcon Acquisition Holding (Luxembourg) S.?? r.l., a private limited company incorporated under the laws of Luxembourg ("Luxco").
(3) Represents securities of the Issuer held by Centerview Employees, L.P. through Luxco.
(4) Represents securities of the Issuer held by Centerview VNU LLC through Luxco.
(5) Represents options to purchase shares of common stock of the Issuer, of which 5% vested on the grant date (June 7, 2009) and the remaining portion of which will vest in equal installments over a three-year period on each December 31 beginning December 31, 2009.
(6) Represents securities of the Issuer held by Centerview Capital, L.P.
(7) Represents options to purchase shares of common stock of the Issuer, of which 14,901 vested on the grant date (February 5, 2007), 56,628 vested on December 31, 2007 and 59,375 vested on December 31, 2009. An additional 59,375 will vest if the company meets or exceeds a pre-established EBITDA target for 2010 or, otherwise, on December 31, 2012. The remaining 59,375 will vest if the company meets or exceeds a pre-established EBITDA target for 2011 or, otherwise, on December 31, 2013.
(8) Represents securities of the Issuer held by Centerview Employees, L.P.
(9) Represents options to purchase shares of common stock of the Issuer, of which 724 vested on the grant date (February 5, 2007), 2,747 vested on December 31, 2007 and 2,747 vested on December 31, 2009. An additional 2,747 will vest if the company meets or exceeds a pre-established EBITDA target for 2010 or, otherwise, on December 31, 2012. The remaining 2,747 will vest if the company meets or exceeds a pre-established EBITDA target for 2011 or, otherwise, on December 31, 2013.
 
Remarks:
Exhibit List: Exhibit 24 - Confirming Statement

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