Foster Wheeler AG (Nasdaq: FWLT) announced today that it will host a live webcast of its investor day in New York City on November 16, 2012. The event will provide analysts and investors with a general update regarding the company’s two business groups and will include presentations from members of corporate and operating management. Foster Wheeler invites investors and other interested parties to listen, beginning at 8:30 a.m. Eastern Standard Time, to a live audio webcast of the investor meeting and view related presentation material via the Investor Relations Presentations/Updates section of its website ( www.fwc.com). A replay of the webcast and the related presentation material will also be available on the Foster Wheeler website for approximately 30 days following the presentation. Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 12,000 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, mining and metals, 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.