<PAGE> 1
Rule 424(b)(3)
Registration No. 333-26517
LORAL SPACE & COMMUNICATIONS LTD.
PROSPECTUS SUPPLEMENT DATED AUGUST 8, 1997
TO PROSPECTUS DATED JULY 11, 1997
The Selling Holders table on pages 7-10 of the Prospectus is hereby amended
to update the information regarding the following entities and their respective
number of shares of Preferred Stock and Common Stock:
<TABLE>
<CAPTION>
NUMBER OF NUMBER OF
SHARES OF SHARES OF
PREFERRED COMMON
SELLING HOLDERS STOCK STOCK
- --------------------------------------------------------------------- --------- ---------
<S> <C> <C>
Dean Witter Convertible Securities Trust............................. 96,400 241,000
Fidelity Summer Street Trust: Fidelity Capital & Income Fund......... 50,000 125,000
Forest Fulcrum L.P................................................... 44,500 111,250
Forest Fulcrum Ltd................................................... 24,000 60,000
Dean Witter Variable Income Builder Fund............................. 9,830 24,575
MFS Total Return Portfolio........................................... 8,700 21,750
Daniel H. Renberg and Associates, Inc................................ 7,000 17,500
Norwest Bank of Colorado, N.A. ...................................... 5,200 13,000
LLT Limited.......................................................... 1,500 3,750
</TABLE>
