Foster Wheeler Shareholders Approve One-Time Dividend

06/05/2014


ZUG, Switzerland--(BUSINESS WIRE)--May 7, 2014-- Foster Wheeler AG (Nasdaq:FWLT) announced today that its shareholders have approved the payment of a one-time cash dividend of $0.40 per registered share.

The dividend will be paid on or about May 21, 2014, to shareholders of record as of May 7, 2014.

Because the dividend will be funded by the company's qualifying capital contribution reserves, it will not be subject to Swiss withholding taxes. Additional information relating to the dividend is set forth in the proxy statement and other relevant materials filed by the company with the U.S. Securities and Exchange Commission in connection with the company's annual general meeting.

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 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, 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 Reading, United Kingdom.

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