Loral Cyberstar To Provide Satellite-Based Internet Connectivity To RACSA Of Costa Rica

March 1, 2001

ROCKVILLE, MD–February 27, 2001–Loral CyberStar, a division of Loral Space & Communications (NYSE:LOR), announced today that it will be providing WorldCast Premier, its high-bandwidth, satellite-based Internet backbone service, to RACSA, Costa Ricas primary voice and data carrier. WorldCast Premier is CyberStar’s premium Internet access service designed to cost-effectively distribute Internet content quickly and efficiently anywhere in the world.