Foster Wheeler AG (Nasdaq: FWLT) announced today that Raymond J. Milchovich, chairman and chief executive officer, will make a presentation to investors at the D.A. Davidson Eighth Annual Engineering and Construction Conference in San Francisco on Thursday, September 17, 2009 at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time).

Foster Wheeler invites investors and those interested to listen to a live audio webcast and view presentation slides via the Investor Relations Presentations section of its website (http://www.fwc.com). A replay of the webcast and presentation slides will also be available on the website for approximately 30 days following the presentation.

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.

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