Photonic penguins at two loops and $m_{t}$-dependence of $BR[B \to X_{s} l^{+} l^{-}]$

We calculate two-loop matching conditions for all the operators that are relevant to B -> X_s l^+ l^- decay in the Standard Model. In effect, we are able to remove the +_16% uncertainty in the decay spectrum, which was mainly due to the renormalization-scale dependence of the top-quark mass. We find 1.46 * 10^-6 for the branching ratio integrated in the domain 0.05 < m_{l^+l^-}^2/m_b^2 < 0.25, for l= e or mu. There remains around 13% perturbative uncertainty in this quantity, while the non-perturbative effects are expected to be smaller.