Foster Wheeler Intends to Voluntarily Delist from NASDAQ

ZUG, Switzerland--(BUSINESS WIRE)--Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) announced today that it intends to voluntarily delist the registered shares of the Company, par value CHF 3 per share (the "Shares"), from the NASDAQ Global Select Market (“NASDAQ”) and, provided that the requirements for deregistration are met, in due course, it intends to subsequently deregister the Shares under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company also intends to suspend its reporting obligations under the Exchange Act once it is eligible to do so.