S., June 1, 2005
TIME: 9:30 a.

finder commissions

S.4 meters., Spanish and allied governments. Actual results could differ
materially from those projected or suggested in any forward-looking statements
as a result of a wide variety of factors and conditions.

Contact: John McCarthy
(212) 338-5345
jmccarthy@hq.bombardier. (TSX:BBD.

accredited those

The company is a joint venture between
Loral Space + Communications, which owns 56 percent, and HISDESAT, which owns
44 percent.

addresses consulates

Government with this new, previously unavailable commercial
X-band service in such a critical part of the world . and Madrid, Spain. Its
Space Systems/Loral division is a world-class leader in the design and
manufacture of satellites and satellite systems for commercial and government
applications including direct-to -home television, broadband communications,
wireless telephony, weather monitoring and air traffic management.loral., Pierre Beaudoin, President and Chief Operating
Officer, Bombardier Aerospace, Andre Navarri, President, Bombardier
Transportation and Pierre Alary, Senior Vice President and Chief
Financial Officer, will conduct a conference call intended for media
representatives to review the highlights of the first quarter.

without foreign

Bernard L.S."
"XTAR is designed to offset a portion of the ever growing shortfalls in
bandwidth for military and government agency communications by providing a
cost-effective commercial augmentation to the government's X-band satellites,"
said Denis Curtin, chief operating officer, XTAR, LLC., Palo Alto, Calif.

HISDESAT Servicios Estrategicos S.A.
The reader is specifically referred to these documents., June 1, 2005., Montreal time

This conference call will be broadcast live on the Internet at the
following address: www.

high those

S. Located at 29 degrees East longitude, the
satellite carries twelve 72 MHz high-power X-band transponders that provide
coverage from Eastern Brazil and the Atlantic Ocean, across all of Europe,
Africa and the Middle East to as far east as Singapore. XTAR is headquartered in Rockville, Md., the Spanish commercial satellite services company, INSA and the leaders
of Spain's space industries: EADS-CASA Espacio, INDRA and SENER.SV.com

Bombardier Inc.

zealand embassies

, to provide
X-band communications services to embassies and consulates in Africa and Asia.

XTAR, LLC is a new satellite communications company committed to serving
the long-haul communications, logistics and infrastructure requirements of the
U. For more information,
visit XTAR's web site at http://www.

abroad those

"
The Diplomatic Telecommunications Service provides communications services
for U.
Built by Space Systems/Loral (SS/L), XTAR -EUR was launched in February
2005 aboard an Ariane 5 ECA rocket. These factors include
those related to the filing, on July 15, 2003 by Loral and certain of its
subsidiaries, of voluntary petitions for reorganization under chapter 11 of
title 11 of the United States Code in the United States District Court for the
Southern District of New York and parallel insolvency proceedings in the
Supreme Court of Bermuda in which certain partners of KPMG were appointed as
joint provisional liquidators .

consular high

's
(TSX:BBD.

consular abroad

Through our unique collaboration with HISDESAT, we're proud to be able to
provide the U. "XTAR will allow DTS-PO
to use its currently installed X-band terminals, maintain assured
communication access and increase the system's performance through the
powerful XTAR-EUR satellite .
XTAR-EUR is designed to work with existing X-band terminals, as well as next
generation X-band terminals that feature antennas smaller than 2.

Loral Space + Communications is a satellite communications company..

consulates post

Government activities at diplomatic and consular missions worldwide.MV.m.

abroad addresses

, XTAR, LLC today announced that it
has been awarded a contract with the U.
The five-year contract has an estimated maximum value of up to $137 million. HISDESAT's aims are the acquisition, operation and commercialization
of Government-oriented space systems, beginning with satellite communications
in the X- and Ka-band frequencies.

ministry high

Government entities., and has offices in
Arlington, Va.xtarllc .

consulates without

Government, an important milestone in validating
Loral's innovative investment in XTAR's commercial X-band service model.
The XTAR-EUR satellite features traditional global beams as well as
on -board switching and multiple steerable beams, allowing users access to
X-band capacity as they travel anywhere within the footprint of the satellite. HISDESAT will
provide enhanced capabilities, including Ka-band, for Spain's defense
applications. Additional factors and conditions are also
described in the section of the company's annual report on Form 10-K for the
fiscal year ended December 31 , 2004, entitled "Commitments and Contingencies,"
and the company's other filings with the Securities and Exchange Commission.m.

embassies consulates

A. is a Spanish company headquartered in
Madrid. In addition, Loral Space +
Communications Ltd.. Laurent
Beaudoin, Chairman of the Board and Chief Executive Officer,
Bombardier Inc.

new addresses

or its representatives have made or may make forward-
looking statements, orally or in writing , which may be included in, but are
not limited to, various filings made by the company with the Securities and
Exchange Commission, press releases or oral statements made with the approval
of an authorized executive officer of the company.

News Editors
REMINDER. Media representatives wishing
to listen in on the call can do so by dialing one of the following
numbers:

Original version: (514) 861-3046 or
(without translation) 1-866-546-6145 (toll-free in North America)
+800-3214-9100 (overseas calls)

In English: (514) 394-9319 or
1-866-240-8935 (toll-free in North America)
+800-2492 -4460 (overseas calls)

In French: (514) 394-9317 or
1-888 -791-1369 (toll-free in North America)
+800-4994-8960 (overseas calls)

This conference call will also be broadcast live on the Internet
at the following address: www .

addresses commissions

HISDESAT is owned jointly by HISPASAT,
S.

MONTREAL----Bombardier Inc.

ministry consular

XTAR Awarded Multi-Year Contract to Provide Diplomatic Communications Services for the U.S. Department of State

Department of State's Diplomatic
Telecommunications Service Program Office (DTS-PO), Fairfax, Va.com.

without trade

XTAR To Enable State Department DTS-PO Communications
Throughout Africa and Asia

ROCKVILLE, Md.S.

websites embassies

S. Through its
Loral Skynet division, it owns and operates a fleet of telecommunications
satellites used to broadcast video entertainment programming, distribute
broadband data, and provide access to Internet services and other value-added
communications services .com

REMINDER/Bombardier to Hold Conference Call: Financial Results for the First Quarter Ended April 30 2005

B) financial results for the first quarter
ended April 30, 2005 will be released Wed.

ministry trade

Schwartz, chairman and CEO, Loral Space + Communications,
commented, "XTAR's agreement with the State Department will provide for the
first use of XTAR by the U. XTAR-EUR is expected
to provide service for nearly 20 years. For more information, visit Loral's web site at
http://www.loral .

This document contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended.A)(TSX:BBD.

addresses diplomatic

XTAR is a joint venture between Loral Space + Communications and HISDESAT.com .bombardier.

government those

MV.A)

those official

DATE: Wed.

ministry consulates

The DTS Network provides responsive, reliable, secure, and cost-effective
telecommunications services to users at more than 260 sites around the world,
representing nearly 50 U.com

Media representatives wishing to participate in the conference call
can do so by dialing one of the following numbers:

Original version: (514) 861-9770 or
(without translation) 1-888-575-8232 (toll-free in North America)
+800-0504-0005 (overseas calls)

In English: (514) 394-9318 or
1-866-211-9107 (toll-free in North America)
+800-4990-6460 (overseas calls)

In French: (514) 394-9316 or
1-888-791-1368 (toll -free in North America)
+800-4994-7180 (overseas calls)

Conference call for analysts and institutional investors

A conference call for financial analysts and institutional investors
will be held the same day at 11:00 a.