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LORAL SPACE & COMMUNICATIONS
TO HOST THIRD QUARTER RESULTS CONFERENCE CALL

November 7th, 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 third quarter 2002 results, which will be announced prior to the market opening on November 7, 2002.

The call will begin at 3:00 p.m. EST on Thursday November 7, 2002. A replay will be available for one week.

*The telephone and webcast replay are no longer available*

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