Foster Wheeler to Participate in the UBS Engineering & Construction One-on-One Conference

Foster Wheeler AG (Nasdaq: FWLT) announced that Scott Lamb, the company’s vice president of investor relations and corporate communications, will represent the company in investor meetings at the UBS Engineering & Construction One-on-One Conference in Chicago, IL, on August 13, 2009. Mr. Lamb will provide an overview of the company and its recent financial performance.

The slides to be used by Mr. Lamb will be posted in the Investor Relations section of Foster Wheeler’s web site (www.fwc.com) at or before the start of the conference.

Foster Wheeler AG is a global engineering and construction contractor and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs over 14,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, environmental, pharmaceuticals, biotechnology and healthcare industries. The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters are in Clinton, New Jersey, USA. For more information about Foster Wheeler, please visit our Web site at www.fwc.com.