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FOSTER WHEELER LTD.

May 29, 2003 12:00 PM

Headquarters. Clinton, N.J.

Branch Offices.

Foster Wheeler has offices in 30 countries, including the United States, United Kingdom, South Africa, Russia, and Saudi Arabia.

Roots.

Foster Wheeler was founded in 1927 in New York City following the merger of Power Specialty Co. and Wheeler Condenser & Engineering Co.

Areas of Expertise.

Foster Wheeler provides design, engineering, and construction, project management, research, plant operation, and environmental services to the petroleum and gas, petrochemical, pharmaceutical, chemical processing, and power-generation industries.

Key Markets.

The engineering and construction group designs, engineers, and constructs oil- and gas-field development projects, petroleum refineries, chemical, petrochemical, pharmaceutical, and industrial plants worldwide. The energy equipment group engineers, procures and constructs power generating facilities.

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