FWLT (MM)

Foster Wheeler Ltd. (Nasdaq: FWLT) announced that Franco Baseotto, the company�s in-coming executive vice president and chief financial officer, will participate in the UBS Engineering & Construction One-on-One Conference in Chicago, IL, on August 14, 2007, beginning at 8:00 a.m.�(Central). Mr. Baseotto will provide an overview of the company and its recent financial performance. The slides to be used by Mr. Baseotto 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 Ltd. is a global company offering, through its subsidiaries, a broad range of engineering, procurement, construction, manufacturing, project development and management, research and plant operation services. Foster Wheeler serves the upstream oil and gas, LNG and gas-to-liquids, refining, petrochemicals, chemicals, power, pharmaceuticals, biotechnology and healthcare industries. The corporation is based in Hamilton, Bermuda, 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.