Press Release

Loral Names Richard Mastoloni Vice President and Assistant Treasurer

By SpaceRef Editor
September 26, 2001
Filed under , ,

Loral Space &
Communications today announced that Richard Mastoloni has
been named vice president and assistant treasurer.

In this position, Mr. Mastoloni will be responsible for all
financing activities of Loral, its subsidiaries and affiliates. Mr.
Mastoloni will continue to report to Nick Moren, senior vice president
and treasurer.

Mr. Mastoloni, 37, joined Loral in 1997, and was most recently
assistant treasurer, where he was responsible for managing Loral’s
equity and debt offerings, bank loans and relationships with various
financial institutions.

Before joining Loral, Mr. Mastoloni spent 11 years with Chase
Securities Inc., as a vice president in the company’s media and
telecommunications investment banking group, where he executed various
corporate finance and merchant banking transactions for the bank’s
wireless and telecommunications clients. Prior to that, Mr. Mastoloni
was a vice president in the global mergers and acquisitions group,
responsible for advising companies across many industries on strategic
and financial acquisitions and divestitures.

Mr. Mastoloni received a bachelor’s degree in economics from the
University of Vermont in 1986 and an MBA from Columbia University in
1993, where he was a member of the national honor society, Phi Beta
Kappa.

Loral Space & Communications is a high-technology company that
concentrates primarily on satellite manufacturing and satellite-based
services, including transponder leasing and value-added services,
domestic and international corporate data networks, broadband data
transmission and content, Internet and international direct-to-home
satellite services. For more information, visit Loral’s web site at
www.loral.com.

SpaceRef staff editor.