August 5, 2008

Loral Space & Communications to Host 2008 Second Quarter Results Conference Call

NEW YORK, Aug. 5, 2008 (PRIME NEWSWIRE) -- Loral Space & Communications (Nasdaq:LORL) invites shareholders, analysts and professional investors to participate in a conference call with Loral chief executive officer Michael B. Targoff, to discuss the company's second quarter 2008 results. A press release on the periods' earnings will be issued after market close on August 11, 2008.

The call will begin at 2:00 pm ET on Tuesday, August 12, 2008.

To participate, please dial 719-325-4878 approximately ten minutes prior to the scheduled start of the call. A listen-only web cast of the call is available on the Investor Relations section of Loral's web site ( under "Events & Presentations." A replay of the web cast will be available for 30 days.

    Date: August 12, 2008  Time: 2:00 PM ET 

Listen via Internet:

Schedule this webcast into MS-Outlook calendar (click open when prompted):

Telephone: 719-325-4878

A replay of the web cast will be available for 30 days.

Loral Space & Communications is a satellite communications company. It is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications including direct-to-home television, broadband communications, wireless telephony, weather monitoring and air traffic management. Loral also owns 64 percent of Telesat Canada, a global operator of telecommunications and direct broadcast satellites used to distribute video entertainment programming, broadband data, and provide access to Internet services and other value-added communications services. For more information, visit Loral's web site at

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, Loral Space & Communications Inc. or its representatives have made or may make forward-looking statements, orally or in writing, which may be included in, but are not limited to, various filings made from time to time with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions. Many of these factors and conditions are described under the caption "Risk Factors" in the company's annual report on Form 10-K for the fiscal year ended December 31, 2007 and in subsequent Form 10-Q filings. The reader is specifically referred to these documents, as well as the company's other filings with the Securities and Exchange Commission.


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 CONTACT: Loral Space & Communications          Wendy Lewis          650-704-7502