FWLT (MM)

Foster Wheeler Ltd. (Nasdaq: FWLT) announced today that Raymond J. Milchovich, chairman and chief executive officer, will participate in a panel discussion and investor meetings at the Goldman Sachs Global Industrials Conference 2008 in New York City on Thursday, November 6, 2008. Foster Wheeler invites investors and those interested to listen at 1:30 p.m. (Eastern) to a live audio webcast of the panel discussion and view related presentation material via the Investor Relations Presentations section of its website (http://www.fwc.com). A replay of the webcast and the related presentation material will also be available on the website for approximately 30 days following the presentation. Foster Wheeler Ltd. 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 our clients through one of its two primary business groups. The company�s Global Engineering & Construction (E&C) 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 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.