<PAGE> 1
Rule 424(b)(3)
Registration No. 333-26517
LORAL SPACE & COMMUNICATIONS LTD.
PROSPECTUS SUPPLEMENT NO. 4 DATED OCTOBER 27, 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>
BT Alex. Brown, Inc. .................................................. 82,000 205,000
Aragon Investments Ltd. ............................................... 12,500 31,250
Taft Securities LLC.................................................... 12,500 31,250
</TABLE>
