Foster Wheeler AG (Nasdaq: FWLT) announced that Robert C. Flexon, chief executive officer, will make a presentation to investors at the D.A. Davidson Ninth Annual Engineering and Construction Conference in San Francisco on September 29, 2010 at 7:00 a.m. Pacific Time (10:00 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 approximately 13,000 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 office is in Geneva, Switzerland. For more information about Foster Wheeler, please visit our Web site at www.fwc.com.

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