The $\mbox{K}^0_{\rm S}\mbox{K}^0_{\rm S}$ final state in two-photon collisions is studied with
the L3 detector at LEP.
The mass spectrum is dominated
by the formation of the f$_2\,\!\!\!'$(1525) tensor meson 
in the helicity-two state with a two-photon width times the branching
ratio into $\rm K\bar{K}$ of $76 \pm\, 6 \pm\, 11\, {\rm eV}$.
A clear signal for the formation of the f$_{\rm J}$(1710) 
is observed and it is found to be dominated by the 
spin-two helicity-two state.
No resonance is observed in the mass region around $2.2 \,{\rm GeV}$ and an upper limit
of $1.4 \,{\rm eV}$  at 95\% C.L. is derived for the two-photon width 
times the branching ratio into $\mbox{K}^0_{\rm S}\mbox{K}^0_{\rm S}$ 
for the glueball candidate $\xi(2230)$.