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R/32/10

EUTELSAT AND ictQATAR SELECT SPACE SYSTEMS/LORAL TO DELIVER THEIR
JOINT VENTURE SATELLITE

Paris, Doha, Palo Alto, 15 July 2010

Eutelsat Communications (Euronext Paris: ETL) and ictQATAR (representing the State of Qatar) announce today that following an international consultation, Space Systems/Loral (SS/L) has been selected to build the high-performance satellite they will jointly own and operate at the 25.5° East location in geostationary orbit.

The selection of prime contractor marks the next step forward in the partnership signed in May by Eutelsat and ictQATAR to invest in and operate a high-capacity satellite at 25.5° East, one of the two longstanding and anchored neighbourhoods serving rapidly expanding markets in the Middle East, North Africa and Central Asia regions. The two organisations selected Space Systems/Loral to deliver a spacecraft with a more than 15-year design life based on the Space Systems/Loral 1300 satellite bus, which is a decades-proven, modular platform with high power capability and flexibility for a broad range of applications.

To enter into service in early 2013, this powerful satellite will provide a significantly expanded mission and superior coverage across the Middle East, North Africa and Central Asia to follow on from Eutelsat’s EUROBIRD™ 2 satellite, which is currently operated at 25.5° East. In addition to securing Ku-band continuity for Eutelsat and additional Ku-band resources for ictQATAR, it will initiate a Ka-band capability to open business opportunities for both parties. The spacecraft’s multi-mission architecture will enable ictQATAR and Eutelsat to respond to demand for the fastest-growing applications in the Middle East and North Africa, including video broadcasting, enterprise communications and government services. The television market will in particular benefit from the installed base of more than 13 million satellite homes already equipped for Direct-to-Home reception from this neighbourhood.

Dr. Hessa Al Jaber, ictQATAR Secretary General said: “This is an important step forward as we work to meet the rapidly growing communications needs in the region. The collaboration between ictQATAR and Eutelsat on this strategic satellite is already proving advantageous as both teams were able to bring complementary insight and expertise to the decision-making process. In selecting Space Systems/Loral we followed a fair and transparent process.”

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Michel de Rosen, Eutelsat CEO added: “Following on from the historic partnership signed with ictQATAR only two months ago, we are delighted to take a further step forward with the selection of prime contractor for our jointly-owned satellite. The close and positive collaboration with ictQATAR during this process adds even further weight to our conviction that we have begun a lasting relationship that will benefit both organisations. The powerful new spacecraft delivered by Space Systems/Loral will equip Eutelsat with the continuity we need at the 25.5° East position, which is already a pillar for video broadcasting in the Middle East and North Africa regions, and usher in new business opportunities for us in the Ka-band.”

John Celli, president of Space Systems/Loral said: “We look forward to working with Eutelsat and ictQATAR to help broaden the availability of communications technology in the region.  Space Systems/Loral provides satellites to the world’s leading satellite operators and we are pleased to add Eutelsat and ictQATAR as new customers.”

About ictQATAR

The Supreme Council of Information and Communication Technology (ictQATAR) connects people to the technologies that enrich their lives, drive economic development and inspire confidence in the future. ictQATAR is entrusted with two primary authorities: as the country’s independent and fair regulator of the telecommunications market, and as the government body that nurtures innovative technologies to benefit those who live and work in Qatar.

www.ictQATAR.qa

Contact:

Howaida Nadim, Communications Director

Tel.:+ 974 4995323; Fax: F +974 4995352 ; M +974 5873227

hnadim@ict.gov.qa

About Eutelsat Communications

Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is the holding company of Eutelsat S.A.. With capacity commercialised on 26 satellites that provide coverage over the entire European continent, as well as the Middle East, Africa, India and significant parts of Asia and the Americas, Eutelsat is one of the world's three leading satellite operators in terms of revenues. At 31 March 2010, Eutelsat’s satellites were broadcasting more than 3,500 television channels. More than 1,100 channels broadcast via its HOT BIRD™ video neighbourhood at 13 degrees East which serves over 120 million cable and satellite homes in Europe, the Middle East and North Africa. The Group’s satellites also serve a wide range of fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat's broadband subsidiary, Skylogic, markets and operates access to high speed internet services through teleports in France and Italy that serve enterprises, local communities, government agencies and aid organisations in Europe, Africa, Asia and the Americas. Headquartered in Paris, Eutelsat and its subsidiaries employ nearly 650 commercial, technical and operational employees from 28 countries.

www.eutelsat.com

Eutelsat Press Contacts

About Space Systems/Loral

Space Systems/Loral, a subsidiary of Loral Space & Communications (NASDAQ: LORL), has a long history of delivering reliable satellites and spacecraft systems for commercial and government customers around the world. As the world’s leading provider of commercial satellites, the company works closely with satellite operators to provide spacecraft for a broad range of services including television and radio distribution, digital audio radio, broadband Internet, and mobile communications.  Billions of people around the world depend on SS/L satellites every day.  For more information, visit www.ssloral.com.

About Loral Space & Communications

Loral Space & Communications is a satellite communications company. Through its Space Systems/Loral subsidiary, the company 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, one of the world’s largest providers of satellite services. Telesat operates a fleet of telecommunications satellites used to broadcast video entertainment programming, distribute direct-to-home video and broadband data services, and other value-added communications services. For more information, visit Loral’s Web site at www.loral.com. LORL-G

Media Contact: Wendy Lewis

Space Systems/Loral

+1 (650) 852-5188

This document contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this press release, the words “believes,” “expects,” “plans,” “may,” “will,” “would,” “could,” “should,” “anticipates,” “estimates,” “project,” “intend” or “outlook” or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. In addition, Loral Space & Communications Inc., Space Systems/Loral, Inc. or their 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, and press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results may differ materially from anticipated results as a result of certain risks and uncertainties which are described as “Risk Factors” and in the “Commitments and Contingencies” note to the financial statements in Loral’s most recent Form 10-Q filed on May 10, 2010 and in our 2009 annual report on Form 10-K. The reader is specifically referred to this document, as well as the company’s other filings with the Securities and Exchange Commission. Risks and uncertainties include but are not limited to (1) risks associated with financial factors, including the global economic downturn, our history of losses and financial covenants in SS/L’s credit agreement; (2) risks associated with satellite manufacturing, including competition, contractual risks, creditworthiness of customers, performance of suppliers and management of our factory and personnel; (3) regulatory risks, such as the effect of U.S. export control and economic sanction laws; and (4) other risks, including litigation. The foregoing list of important factors is not exclusive. Furthermore, Loral and SS/L operate in an industry sector where securities values may be volatile and may be influenced by economic and other factors beyond the control of Loral and SS/L.