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LORAL SPACE & COMMUNICATIONS
TO HOST FOURTH QUARTER RESULTS CONFERENCE CALL

February 14th, 2002

Loral Space & Communications Ltd. (NYSE: LOR) invites shareholders, analysts and professional investors to participate in a conference call with Loral chairman and chief executive officer, Bernard L. Schwartz, to discuss Loral's fourth quarter and full year 2001 results, which will be announced prior to the market opening on February 14, 2002.

The call replay is no longer available

Questions?
Call Loral Investor Relations at 212-338-5347.