-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RBYl3njyM0AYBuPSzerVetIYHFfgHRucGFFE6Qx5rBAxPn+y2FVYkGG2ZGD6fx+o
 BnDvSH9PmhMPHWlw74UXuA==

<SEC-DOCUMENT>/in/edgar/work/0000899140-00-000442/0000899140-00-000442.txt : 20001019
<SEC-HEADER>0000899140-00-000442.hdr.sgml : 20001019
ACCESSION NUMBER:		0000899140-00-000442
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20001018

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LORAL SPACE & COMMUNICATIONS LTD
		CENTRAL INDEX KEY:			0001006269
		STANDARD INDUSTRIAL CLASSIFICATION:	 [4812
]		IRS NUMBER:				133867424
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		424B3
			SEC ACT:		
			SEC FILE NUMBER:	333-34652
			FILM NUMBER:		741825
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		600 THIRD AVE
				STREET 2:		C/O LORAL SPACECOM CORP
				CITY:			NEW YORK
				STATE:			NY
				ZIP:			10016
				BUSINESS PHONE:		2126971105
</BUSINESS-ADDRESS>

				MAIL ADDRESS:	
					STREET 1:		600 THIRD AVE
					STREET 2:		C/O LORAL SPACECOM CORP
					CITY:			NEW YORK
					STATE:			NY
					ZIP:			10016
</MAIL-ADDRESS>
</FILER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>PROSPECTUS SUPPLEMENT NO. 2
<TEXT>

<PAGE>


                                                                  Rule 424(b)(3)
                                                      Registration No. 333-34652

                     LORAL SPACE AND COMMUNICATIONS LIMITED

               PROSPECTUS SUPPLEMENT NO. 2 DATED OCTOBER 17, 2000
                        TO PROSPECTUS DATED MAY 10, 2000

     The Selling Holders table on pages 47 - 48 of the Prospectus is hereby
amended to add the following selling holder.

                                            Number of Shares    Number of Shares
                                              of Preferred       of Conversion
Selling Holders                                   Stock              Shares
- ---------------                             ----------------    ----------------

Deephaven Domestic Convertible Trading Ltd.      140,000            352,947
Albert F. Milton Trust                            2,500              6,303

- --------------------------------

*  Additional shares only; does not include shares already listed in the
   Prospectus.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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