Foster Wheeler 8K Reports Results for Second Quarter of 2013 | FWLT 8 Aug 13

Exhibit 99.2

Fact Book

Second Quarter 2013

Foster Wheeler AG (NASDAQ: FWLT) is a leading engineering and construction company and power equipment supplier.

This summary document is designed to be read in conjunction with the company's Form 10-K and Form 10-Q filings. Please see those documents for additional details and important disclosures relating to the financial data in this Fact Book. See appendices and footnotes starting on page 14 of this Fact Book.

Contents

Consolidated Highlights	3

Business Group Data	4

Backlog:
Global E&C Group	5
Global Power Group	6
Consolidated	7

New Orders Booked:
Global E&C Group	8
Global Power Group	9
Consolidated	10

Consolidated Statement of Operations	11
Consolidated Balance Sheet	12
Consolidated Statement of Cash Flows	13

Appendices and Footnotes	14

FOSTER WHEELER AG

CONSOLIDATED HIGHLIGHTS

(in thousands of dollars, except share data and ratios)

	2013									2012															2011
	YTD 6/30			Q2 6/30			Q1 3/31			Full Year 2012			Q4 12/31			Q3 9/30			Q2 6/30			Q1 3/31			Full Year 2011

Backlog (Future Revenues)	$	3,281,200		$	3,281,200		$	3,460,000		$	3,648,000		$	3,648,000		$	3,403,600		$	3,142,000		$	3,590,400		$	3,626,100
New orders booked (Future Revenues)		1,417,900			751,300			666,600			3,449,500			978,200			1,023,900			613,100			834,300			4,285,800
Operating revenues from continuing operations		1,653,551			863,407			790,144			3,391,394			730,046			797,296			936,462			927,590			4,458,108
Income from continuing operations attributable to FWAG		85,220			68,316			16,904			149,215			18,637			58,667			30,421			41,490			161,054
Income from discontinued operations attributable to FWAG		(1,495	)		2,383			(3,878	)		(13,193	)		(12,342	)		(445	)		438			(844	)		1,329
Net income attributable to Foster Wheeler AG		83,725			70,699			13,026			136,022			6,295			58,222			30,859			40,646			162,383
Diluted earnings per share:
Income from continuing operations attributable to FWAG	$	0.83		$	0.68		$	0.16		$	1.39		$	0.18		$	0.55		$	0.29		$	0.38		$	1.34
Income from discontinued operations attributable to FWAG		(0.01	)		0.03			(0.04	)		(0.12	)		(0.12	)		(0.01	)		-			-			0.01
Net income attributable to Foster Wheeler AG	$	0.82		$	0.71		$	0.12		$	1.27		$	0.06		$	0.54		$	0.29		$	0.38		$	1.35

EBITDA from continuing operations:
Global E&C Group	$	97,321		$	62,133		$	35,188		$	192,208		$	53,399		$	51,964		$	39,917		$	46,928		$	210,541
Global Power Group		70,271			45,584			24,687			204,758			46,223			64,396			42,198			51,941			178,233
C&F Group		(28,509	)		(8,712	)		(19,797	)		(121,453	)		(45,055	)		(25,528	)		(23,592	)		(27,278	)		(111,779	)
EBITDA from continuing operations	$	139,083		$	99,005		$	40,078		$	275,513		$	54,567		$	90,832		$	58,523		$	71,591		$	276,995

Foster WheelerScope(FW Scope)¹:
Backlog:	$	2,706,300		$	2,706,300		$	2,765,300		$	2,950,200		$	2,950,200		$	2,615,100		$	2,241,300		$	2,527,300		$	2,562,300
New orders booked		1,157,200			625,600			531,600			2,976,600			988,000			952,400			505,800			530,400			2,699,000
Operating revenues from continuing operations	$	1,266,398		$	642,373		$	624,025		$	2,548,445		$	646,221		$	597,486		$	685,262		$	619,476		$	2,600,547

Key Financial Statistics
Cash and cash equivalents	$	414,738		$	414,738		$	475,716		$	582,322		$	582,322		$	709,370		$	767,259		$	648,904		$	718,049
Total current assets		1,441,684			1,441,684			1,490,873			1,613,542			1,613,542			1,689,099			1,701,813			1,651,747			1,523,187
Total assets		2,564,163			2,564,163			2,600,033			2,733,924			2,733,924			2,784,452			2,741,126			2,734,573			2,613,880
Total current liabilities		1,106,444			1,106,444			1,103,917			1,176,187			1,176,187			1,186,326			1,185,442			1,168,798			1,090,984
Total debt (short and long-term debt)		128,954			128,954			134,714			137,706			137,706			141,956			140,188			151,344			149,111
Total liabilities		1,870,525			1,870,525			1,868,172			1,967,937			1,967,937			1,937,364			1,938,236			1,951,847			1,873,215
Total Foster Wheeler AG shareholders' equity	$	646,946		$	646,946		$	688,288		$	713,990		$	713,990		$	791,003		$	751,907		$	736,518		$	687,747

Current ratio²		1.30 x			1.30 x			1.35 x			1.37 x			1.37 x			1.42 x			1.44 x			1.41 x			1.40 x
Net working capital³	$	335,240		$	335,240		$	386,956		$	437,355		$	437,355		$	502,773		$	516,371		$	482,949		$	432,203
Debt-to-total assets ratio		5.0	%		5.0	%		5.2	%		5.0	%		5.0	%		5.1	%		5.1	%		5.5	%		5.7	%

Definition of Scope:Metrics expressed in Foster Wheeler Scope represent that portion of our operating revenues from continuing operations, new orders booked and backlog on which profit is earned.

Scope excludes revenues relating to third party costs incurred by us as agent or principal on a reimbursable basis ("flow-through" costs).

Definition of Current Ratio:Current assets divided by current liabilities.

Definition of Net Working Capital:Current assets minus current liabilities.

NOTE:

The new orders booked and backlog balances above include balances for discontinued operations, which were insignificant based on our consolidated balances.

FOSTER WHEELER AG

BUSINESS GROUP DATA

(in thousands of dollars)

	2013									2012															2011
	YTD 6/30			Q2 6/30			Q1 3/31			Full Year 2012			Q4 12/31			Q3 9/30			Q2 6/30			Q1 3/31			Full Year 2011
Global E&C Group
Operating revenues	$	1,250,693		$	662,719		$	587,974		$	2,419,327		$	504,240		$	578,072		$	666,142		$	670,873		$	3,443,079
Operating revenues (FW Scope)		868,242			443,488			424,754			1,586,198			423,870			380,482			416,830			365,016			1,594,992
EBITDA	$	97,321		$	62,133		$	35,188		$	192,208		$	53,399		$	51,964		$	39,917		$	46,928		$	210,541
EBITDA % of operating revenues		7.8	%		9.4	%		6.0	%		7.9	%		10.6	%		9.0	%		6.0	%		7.0	%		6.1	%
EBITDA % of operating revenues (FW Scope)		11.2	%		14.0	%		8.3	%		12.1	%		12.6	%		13.7	%		9.6	%		12.9	%		13.2	%
New orders booked (Future Revenues)	$	1,128,700		$	661,000		$	467,700		$	2,860,400		$	852,900		$	838,000		$	496,900		$	672,600		$	3,024,900
New orders booked (FW Scope)		872,500			537,000			335,500			2,397,600			866,500			768,600			391,500			371,000			1,447,200
Backlog (Future Revenues)		2,655,200			2,655,200			2,719,100			2,884,700			2,884,700			2,485,800			2,195,200			2,450,800			2,420,200
Backlog (FW Scope)	$	2,089,900		$	2,089,900		$	2,034,100		$	2,196,700		$	2,196,700		$	1,706,800		$	1,304,000		$	1,397,200		$	1,365,900

Global Power Group
Operating revenues	$	402,858		$	200,688		$	202,170		$	972,067		$	225,806		$	219,224		$	270,320		$	256,717		$	1,015,029
Operating revenues (FW Scope)		398,156			198,885			199,271			962,247			222,351			217,004			268,432			254,460			1,005,555
EBITDA	$	70,271		$	45,584		$	24,687		$	204,758		$	46,223		$	64,396		$	42,198		$	51,941		$	178,233
EBITDA % of operating revenues		17.4	%		22.7	%		12.2	%		21.1	%		20.5	%		29.4	%		15.6	%		20.2	%		17.6	%
EBITDA % of operating revenues (FW Scope)		17.6	%		22.9	%		12.4	%		21.3	%		20.8	%		29.7	%		15.7	%		20.4	%		17.7	%
New orders booked (Future Revenues)	$	289,200		$	90,300		$	198,900		$	589,100		$	125,300		$	185,900		$	116,200		$	161,700		$	1,260,900
New orders booked (FW Scope)		284,700			88,600			196,100			579,000			121,500			183,800			114,300			159,400			1,251,800
Backlog (Future Revenues)		626,000			626,000			740,900			763,300			763,300			917,800			946,800			1,139,600			1,205,900
Backlog (FW Scope)	$	616,400		$	616,400		$	731,200		$	753,500		$	753,500		$	908,300		$	937,300		$	1,130,100		$	1,196,400

CONSOLIDATED EBITDA
Global E&C Group	$	97,321		$	62,133		$	35,188		$	192,208		$	53,399		$	51,964		$	39,917		$	46,928		$	210,541
Global Power Group		70,271			45,584			24,687			204,758			46,223			64,396			42,198			51,941			178,233
C&F Group		(28,509	)		(8,712	)		(19,797	)		(121,453	)		(45,055	)		(25,528	)		(23,592	)		(27,278	)		(111,779	)
Total EBITDA from continuing operations	$	139,083		$	99,005		$	40,078		$	275,513		$	54,567		$	90,832		$	58,523		$	71,591		$	276,995

NOTE 1:

The operating revenues and EBITDA balances above represent balances from continuing operations.

NOTE 2:

The new orders booked and backlog balances above include balances for discontinued operations, which were insignificant based on our consolidated and business group balances.

FOSTER WHEELER AG

GLOBAL E&C GROUP - BACKLOG

(in millions of dollars)

	Q2 2013				Q1 2013		Q4 2012				Q3 2012		Q2 2012		Q1 2012		Q4 2011
Contract Type (FW Scope)
Lump-sum turnkey	$	2.0	0.1	%	$	2.7	$	3.2	0.1	%	$	-	$	-	$	-	$	-	-	%
Other fixed-price		546.2	26.1	%		616.4		662.5	30.2	%		688.9		468.2		523.1		515.4	37.7	%
Reimbursable		1,541.7	73.8	%		1,415.0		1,531.0	69.7	%		1,017.9		835.8		874.1		850.5	62.3	%
Total	$	2,089.9	100.0	%	$	2,034.1	$	2,196.7	100.0	%	$	1,706.8	$	1,304.0	$	1,397.2	$	1,365.9	100.0	%

Project Location (FW Scope)
Africa	$	50.7	2.4	%	$	51.1	$	58.2	2.6	%	$	65.4	$	59.9	$	100.6	$	104.4	7.6	%
Asia Pacific		470.7	22.5	%		472.8		554.7	25.3	%		450.6		298.7		295.8		319.7	23.4	%
Europe		243.8	11.7	%		250.6		226.5	10.3	%		283.1		329.4		369.4		342.4	25.1	%
Middle East		626.0	30.0	%		617.4		671.9	30.6	%		198.5		199.5		211.9		173.1	12.7	%
North America		224.7	10.8	%		139.9		129.5	5.9	%		67.2		100.7		81.3		98.2	7.2	%
South America		474.0	22.7	%		502.3		555.9	25.3	%		642.0		315.8		338.2		328.1	24.0	%
Total	$	2,089.9	100.0	%	$	2,034.1	$	2,196.7	100.0	%	$	1,706.8	$	1,304.0	$	1,397.2	$	1,365.9	100.0	%

Industry (FW Scope)
Power generation	$	2.2	0.1	%	$	1.2	$	31.4	1.4	%	$	46.8	$	52.0	$	61.9	$	47.3	3.5	%
Oil refining		1,301.4	62.3	%		1,313.1		1,421.7	64.7	%		1,002.0		845.5		943.6		949.9	69.5	%
Pharmaceutical		39.2	1.9	%		38.5		26.5	1.2	%		30.4		33.7		28.3		28.0	2.0	%
Oil and gas		263.4	12.6	%		218.3		251.4	11.4	%		183.6		162.4		130.0		134.4	9.8	%
Chemical/petrochemical		417.2	20.0	%		417.2		452.3	20.6	%		424.9		189.3		211.6		178.2	13.0	%
Power plant operation and maintenance		19.8	0.9	%		23.9		0.1	0.0	%		-		-		-		-	-	%
Environmental		3.6	0.2	%		4.1		3.1	0.1	%		3.5		4.1		4.8		3.6	0.3	%
Other, net of eliminations		43.1	2.1	%		17.8		10.2	0.5	%		15.6		17.0		17.0		24.5	1.8	%
Total	$	2,089.9	100.0	%	$	2,034.1	$	2,196.7	100.0	%	$	1,706.8	$	1,304.0	$	1,397.2	$	1,365.9	100.0	%

Backlog (Future Revenues)	$	2,655.2			$	2,719.1	$	2,884.7			$	2,485.8	$	2,195.2	$	2,450.8	$	2,420.2

Global E&C Group man-hours in backlog (in thousands):		17,600				16,200		17,000				13,200		10,300		10,900		11,600

FOSTER WHEELER AG

GLOBAL POWER GROUP - BACKLOG

(in millions of dollars)

	Q2 2013				Q1 2013		Q4 2012				Q3 2012		Q2 2012		Q1 2012		Q4 2011
Contract Type (FW Scope)
Lump-sum turnkey	$	22.7	3.7	%	$	40.8	$	67.5	9.0	%	$	103.2	$	120.8	$	184.2	$	164.3	13.7	%
Other fixed-price		572.4	92.9	%		668.8		665.2	88.3	%		781.9		790.5		910.7		997.2	83.4	%
Reimbursable		21.3	3.5	%		21.6		20.8	2.8	%		23.2		26.0		35.2		34.9	2.9	%
Total	$	616.4	100.0	%	$	731.2	$	753.5	100.0	%	$	908.3	$	937.3	$	1,130.1	$	1,196.4	100.0	%

Project Location (FW Scope)
Africa	$	0.1	0.0	%	$	-	$	-	-	%	$	-	$	-	$	1.3	$	2.4	0.2	%
Asia Pacific		384.3	62.3	%		464.6		435.4	57.8	%		501.0		532.7		643.5		711.1	59.4	%
Europe		115.4	18.7	%		134.2		150.7	20.0	%		185.7		183.4		251.8		234.5	19.6	%
Middle East		0.8	0.1	%		1.9		4.6	0.6	%		9.3		7.3		11.9		15.0	1.3	%
North America		86.9	14.1	%		105.1		133.0	17.7	%		184.9		186.4		194.6		207.9	17.4	%
South America		28.9	4.7	%		25.4		29.8	4.0	%		27.4		27.5		27.0		25.5	2.1	%
Total	$	616.4	100.0	%	$	731.2	$	753.5	100.0	%	$	908.3	$	937.3	$	1,130.1	$	1,196.4	100.0	%

Industry (FW Scope)
Power generation	$	562.2	91.2	%	$	677.0	$	699.3	92.8	%	$	801.9	$	830.9	$	1,023.7	$	1,090.0	91.1	%
Power plant operation and maintenance		54.2	8.8	%		54.2		54.2	7.2	%		106.4		106.4		106.4		106.4	8.9	%
Total	$	616.4	100.0	%	$	731.2	$	753.5	100.0	%	$	908.3	$	937.3	$	1,130.1	$	1,196.4	100.0	%

Backlog (Future Revenues)	$	626.0			$	740.9	$	763.3			$	917.8	$	946.8	$	1,139.6	$	1,205.9

NOTE:

The backlog balances above include balances for discontinued operations, which were insignificant based on our Global Power Group balances.

FOSTER WHEELER AG

CONSOLIDATED BACKLOG

(in millions of dollars)

	Q2 2013				Q1 2013		Q4 2012				Q3 2012		Q2 2012		Q1 2012		Q4 2011
Business Segment (FW Scope)
Global E&C Group	$	2,089.9	77.2	%	$	2,034.1	$	2,196.7	74.5	%	$	1,706.8	$	1,304.0	$	1,397.2	$	1,365.9	53.3	%
Global Power Group		616.4	22.8	%		731.2		753.5	25.5	%		908.3		937.3		1,130.1		1,196.4	46.7	%
Total	$	2,706.3	100.0	%	$	2,765.3	$	2,950.2	100.0	%	$	2,615.1	$	2,241.3	$	2,527.3	$	2,562.3	100.0	%

Contract Type (FW Scope)
Lump-sum turnkey	$	24.7	0.9	%	$	43.5	$	70.7	2.4	%	$	103.2	$	120.8	$	184.2	$	164.3	6.4	%
Other fixed-price		1,118.6	41.3	%		1,285.2		1,327.7	45.0	%		1,470.8		1,258.7		1,433.8		1,512.6	59.0	%
Reimbursable		1,563.0	57.8	%		1,436.6		1,551.8	52.6	%		1,041.1		861.8		909.3		885.4	34.6	%
Total	$	2,706.3	100.0	%	$	2,765.3	$	2,950.2	100.0	%	$	2,615.1	$	2,241.3	$	2,527.3	$	2,562.3	100.0	%

Project Location (FW Scope)
Africa	$	50.8	1.9	%	$	51.1	$	58.2	2.0	%	$	65.4	$	59.9	$	101.9	$	106.8	4.2	%
Asia Pacific		855.0	31.6	%		937.4		990.1	33.6	%		951.6		831.4		939.3		1,030.8	40.2	%
Europe		359.2	13.3	%		384.8		377.2	12.8	%		468.8		512.8		621.2		576.9	22.5	%
Middle East		626.8	23.2	%		619.3		676.5	22.9	%		207.8		206.8		223.8		188.1	7.3	%
North America		311.6	11.5	%		245.0		262.5	8.9	%		252.1		287.1		275.9		306.1	11.9	%
South America		502.9	18.6	%		527.7		585.7	19.9	%		669.4		343.3		365.2		353.6	13.8	%
Total	$	2,706.3	100.0	%	$	2,765.3	$	2,950.2	100.0	%	$	2,615.1	$	2,241.3	$	2,527.3	$	2,562.3	100.0	%

Industry (FW Scope)
Power generation	$	564.4	20.9	%	$	678.2	$	730.7	24.8	%	$	848.7	$	882.9	$	1,085.6	$	1,137.3	44.4	%
Oil refining		1,301.4	48.1	%		1,313.1		1,421.7	48.2	%		1,002.0		845.5		943.6		949.9	37.1	%
Pharmaceutical		39.2	1.4	%		38.5		26.5	0.9	%		30.4		33.7		28.3		28.0	1.1	%
Oil and gas		263.4	9.7	%		218.3		251.4	8.5	%		183.6		162.4		130.0		134.4	5.2	%
Chemical/petrochemical		417.2	15.4	%		417.2		452.3	15.3	%		424.9		189.3		211.6		178.2	7.0	%
Power plant operation and maintenance		74.0	2.7	%		78.1		54.3	1.8	%		106.4		106.4		106.4		106.4	4.2	%
Environmental		3.6	0.1	%		4.1		3.1	0.1	%		3.5		4.1		4.8		3.6	0.1	%
Other, net of eliminations		43.1	1.6	%		17.8		10.2	0.3	%		15.6		17.0		17.0		24.5	1.0	%
Total	$	2,706.3	100.0	%	$	2,765.3	$	2,950.2	100.0	%	$	2,615.1	$	2,241.3	$	2,527.3	$	2,562.3	100.0	%

Consolidated Backlog (Future Revenues)	$	3,281.2			$	3,460.0	$	3,648.0			$	3,403.6	$	3,142.0	$	3,590.4	$	3,626.1

NOTE 1:

The above consolidated balances reflect backlog data for both the Global E&C Group and Global Power Group. Please see each group's backlog pages for their respective breakout by Contract Type, Project Location and Industry.

NOTE 2:

The backlog balances above include balances for discontinued operations, which were insignificant based on our consolidated and business group balances.

FOSTER WHEELER AG

GLOBAL E&C GROUP - NEW ORDERS BOOKED

(in millions of dollars)

	YTD Q2 2013				Q2 2013		Q1 2013		Full Year 2012				Q4 2012			Q3 2012		Q2 2012		Q1 2012		Full Year 2011
Project Location (FW Scope)
Africa	$	38.3	4.4	%	$	22.3	$	16.0	$	48.4	2.0	%	$	7.2		$	24.2	$	4.3	$	12.7	$	119.2	8.2	%
Asia Pacific		171.2	19.6	%		120.8		50.4		622.8	26.0	%		203.5			226.5		99.4		93.4		366.8	25.3	%
Europe		243.8	27.9	%		121.0		122.8		380.4	15.9	%		56.4			79.4		108.9		135.7		432.7	29.9	%
Middle East		85.9	9.8	%		56.6		29.3		677.9	28.3	%		541.8			48.4		52.8		34.9		136.8	9.5	%
North America		230.4	26.4	%		156.6		73.8		129.9	5.4	%		29.3			12.2		65.2		23.2		124.3	8.6	%
South America		102.9	11.8	%		59.7		43.2		538.2	22.4	%		28.3			377.9		60.9		71.1		267.4	18.5	%
Total	$	872.5	100.0	%	$	537.0	$	335.5	$	2,397.6	100.0	%	$	866.5		$	768.6	$	391.5	$	371.0	$	1,447.2	100.0	%
Industry (FW Scope)
Power generation	$	2.7	0.3	%	$	1.2	$	1.5	$	47.2	2.0	%	$	(1.0	)	$	13.2	$	8.1	$	26.9	$	65.1	4.5	%
Oil refining		382.9	43.9	%		233.9		149.0		1,390.6	58.0	%		648.9			359.9		184.6		197.2		851.4	58.8	%
Pharmaceutical		36.2	4.1	%		21.2		15.0		56.7	2.4	%		10.6			10.7		20.5		14.9		43.7	3.0	%
Oil and gas		193.7	22.2	%		127.0		66.7		275.3	11.5	%		56.2			79.3		106.6		33.2		113.9	7.9	%
Chemical/petrochemical		181.9	20.8	%		108.4		73.5		563.1	23.5	%		135.6			290.2		55.9		81.4		292.9	20.2	%
Power plant operation and maintenance		21.8	2.5	%		10.5		11.3		20.4	0.9	%		5.5			4.0		5.2		5.7		17.8	1.2	%
Environmental		3.6	0.4	%		1.2		2.4		8.5	0.4	%		1.9			1.1		2.1		3.4		6.5	0.4	%
Other, net of eliminations		49.7	5.7	%		33.6		16.1		35.8	1.5	%		8.8			10.2		8.5		8.3		55.9	3.9	%
Total	$	872.5	100.0	%	$	537.0	$	335.5	$	2,397.6	100.0	%	$	866.5		$	768.6	$	391.5	$	371.0	$	1,447.2	100.0	%

New Orders Booked (Future Revenues)	$	1,128.7			$	661.0	$	467.7	$	2,860.4			$	852.9		$	838.0	$	496.9	$	672.6	$	3,024.9

NOTE:

Negative balances result when cancellations exceed new orders received in the quarter.

FOSTER WHEELER AG

GLOBAL POWER GROUP - NEW ORDERS BOOKED

(in millions of dollars)

	YTD Q2 2013				Q2 2013		Q1 2013		Full Year 2012				Q4 2012		Q3 2012		Q2 2012		Q1 2012		Full Year 2011
Project Location (FW Scope)
Africa	$	0.1	0.0	%	$	0.1	$	-	$	0.1	0.0	%	$	0.1	$	-	$	-	$	-	$	6.0	0.5	%
Asia Pacific		124.0	43.6	%		7.1		116.9		115.8	20.0	%		23.6		48.9		9.5		33.8		801.1	64.0	%
Europe		70.7	24.8	%		33.4		37.3		199.7	34.5	%		31.9		57.8		30.3		79.7		128.9	10.3	%
Middle East		0.5	0.2	%		0.3		0.2		3.5	0.6	%		0.1		3.1		0.2		0.1		14.2	1.1	%
North America		76.3	26.8	%		38.8		37.5		224.3	38.7	%		54.4		66.1		65.5		38.3		276.9	22.1	%
South America		13.1	4.6	%		8.9		4.2		35.6	6.1	%		11.4		7.9		8.8		7.5		24.7	2.0	%
Total	$	284.7	100.0	%	$	88.6	$	196.1	$	579.0	100.0	%	$	121.5	$	183.8	$	114.3	$	159.4	$	1,251.8	100.0	%

Industry (FW Scope)
Power generation	$	241.5	84.8	%	$	69.1	$	172.4	$	473.6	81.8	%	$	93.3	$	155.8	$	86.4	$	138.1	$	1,143.4	91.3	%
Power plant operation and maintenance		43.2	15.2	%		19.5		23.7		105.4	18.2	%		28.2		28.0		27.9		21.3		108.4	8.7	%
Total	$	284.7	100.0	%	$	88.6	$	196.1	$	579.0	100.0	%	$	121.5	$	183.8	$	114.3	$	159.4	$	1,251.8	100.0	%

New Orders Booked (Future Revenues)	$	289.2			$	90.3	$	198.9	$	589.1			$	125.3	$	185.9	$	116.2	$	161.7	$	1,260.9

NOTE: The new orders booked balances above include balances for discontinued operations, which were insignificant based on our Global Power Group balances.

FOSTER WHEELER AG

CONSOLIDATED NEW ORDERS BOOKED

(in millions of dollars)

	YTD Q2 2013				Q2 2013		Q1 2013		Full Year 2012				Q4 2012		Q3 2012		Q2 2012		Q1 2012		Full Year 2011
Business Segment (FW Scope)
Global E&C Group	$	872.5	75.4	%	$	537.0	$	335.5	$	2,397.6	80.5	%	$	866.5	$	768.6	$	391.5	$	371.0	$	1,447.2	53.6	%
Global Power Group		284.7	24.6	%		88.6		196.1		579.0	19.5	%		121.5		183.8		114.3		159.4		1,251.8	46.4	%
Total	$	1,157.2	100.0	%	$	625.6	$	531.6	$	2,976.6	100.0	%	$	988.0	$	952.4	$	505.8	$	530.4	$	2,699.0	100.0	%

Project Location (FW Scope)
Africa	$	38.4	3.3	%	$	22.4	$	16.0	$	48.5	1.6	%	$	7.3	$	24.2	$	4.3	$	12.7	$	125.2	4.6	%
Asia Pacific		295.2	25.5	%		127.9		167.3		738.6	24.8	%		227.1		275.4		108.9		127.2		1,167.9	43.3	%
Europe		314.5	27.2	%		154.4		160.1		580.1	19.5	%		88.3		137.2		139.2		215.4		561.6	20.8	%
Middle East		86.4	7.5	%		56.9		29.5		681.4	22.9	%		541.9		51.5		53.0		35.0		151.0	5.6	%
North America		306.7	26.5	%		195.4		111.3		354.2	11.9	%		83.7		78.3		130.7		61.5		401.2	14.9	%
South America		116.0	10.0	%		68.6		47.4		573.8	19.3	%		39.7		385.8		69.7		78.6		292.1	10.8	%
Total	$	1,157.2	100.0	%	$	625.6	$	531.6	$	2,976.6	100.0	%	$	988.0	$	952.4	$	505.8	$	530.4	$	2,699.0	100.0	%

Industry (FW Scope)
Power generation	$	244.2	21.1	%	$	70.3	$	173.9	$	520.8	17.5	%	$	92.3	$	169.0	$	94.5	$	165.0	$	1,208.5	44.8	%
Oil refining		382.9	33.1	%		233.9		149.0		1,390.6	46.7	%		648.9		359.9		184.6		197.2		851.4	31.5	%
Pharmaceutical		36.2	3.1	%		21.2		15.0		56.7	1.9	%		10.6		10.7		20.5		14.9		43.7	1.6	%
Oil and gas		193.7	16.7	%		127.0		66.7		275.3	9.2	%		56.2		79.3		106.6		33.2		113.9	4.2	%
Chemical/petrochemical		181.9	15.7	%		108.4		73.5		563.1	18.9	%		135.6		290.2		55.9		81.4		292.9	10.9	%
Power plant operation and maintenance		65.0	5.6	%		30.0		35.0		125.8	4.2	%		33.7		32.0		33.1		27.0		126.2	4.7	%
Environmental		3.6	0.3	%		1.2		2.4		8.5	0.3	%		1.9		1.1		2.1		3.4		6.5	0.2	%
Other, net of eliminations		49.7	4.3	%		33.6		16.1		35.8	1.2	%		8.8		10.2		8.5		8.3		55.9	2.1	%
Total	$	1,157.2	100.0	%	$	625.6	$	531.6	$	2,976.6	100.0	%	$	988.0	$	952.4	$	505.8	$	530.4	$	2,699.0	100.0	%

Consolidated New Orders Booked (Future Revenues)	$	1,417.9			$	751.3	$	666.6	$	3,449.5			$	978.2	$	1,023.9	$	613.1	$	834.3	$	4,285.8

NOTE 1: The above consolidated balances reflect new orders booked data for both the Global E&C Group and Global Power Group. Please see each group's new orders booked pages for their respective breakout by Contract Type, Project Location and Industry.

NOTE 2: The new orders booked balances above include balances for discontinued operations, which were insignificant based on our consolidated and business group balances.

FOSTER WHEELER AG

CONSOLIDATED STATEMENT OF OPERATIONS

(in thousands of dollars, except share data and per share amounts)

	2013									2012															2011
	YTD 6/30			Q2 6/30			Q1 3/31			Full Year 2012			Q4 12/31			Q3 9/30			Q2 6/30			Q1 3/31			Full Year 2011
Operating revenues	$	1,653,551		$	863,407		$	790,144		$	3,391,394		$	730,046		$	797,296		$	936,462		$	927,590		$	4,458,108
Cost of operating revenues		1,380,498			709,800			670,698			2,801,351			573,239			643,076			797,529			787,507			3,918,440
Contract profit		273,053			153,607			119,446			590,043			156,807			154,220			138,933			140,083			539,668

Selling, general and administrative expenses		180,133			89,801			90,332			334,075			88,150			77,495			85,289			83,141			309,380
Other income, net		(22,765	)		(18,014	)		(4,751	)		(37,490	)		(4,495	)		(14,342	)		(10,515	)		(8,138	)		(51,457	)
Other deductions, net		15,802			10,490			5,312			34,601			9,539			8,825			12,174			4,063			43,968
Interest income		(2,944	)		(1,482	)		(1,462	)		(10,801	)		(2,218	)		(2,469	)		(2,947	)		(3,167	)		(18,913	)
Interest expense		6,588			3,916			2,672			13,797			2,935			3,197			4,249			3,416			12,876
Net asbestos-related (gain)/provision		(11,750	)		(13,750	)		2,000			30,505			22,795			2,000			3,713			1,997			9,901
Income from continuing operations before income taxes		107,989			82,646			25,343			225,356			40,101			79,514			46,970			58,771			233,913
Provision for income taxes		18,479			13,319			5,160			62,267			18,302			16,790			12,291			14,884			58,514
Income from continuing operations		89,510			69,327			20,183			163,089			21,799			62,724			34,679			43,887			175,399
Income from discontinued operations		(1,495	)		2,383			(3,878	)		(13,193	)		(12,342	)		(445	)		438			(844	)		1,329
Net income		88,015			71,710			16,305			149,896			9,457			62,279			35,117			43,043			176,728
Less: Net income attributable to noncontrolling interests		4,290			1,011			3,279			13,874			3,162			4,057			4,258			2,397			14,345
Net income attributable to Foster Wheeler AG	$	83,725		$	70,699		$	13,026		$	136,022		$	6,295		$	58,222		$	30,859		$	40,646		$	162,383
Basic EPS
Income from continuing operations attributable to FWAG	$	0.83		$	0.68		$	0.16		$	1.39		$	0.18		$	0.55		$	0.29		$	0.38		$	1.34
Income from discontinued operations attributable to FWAG		(0.01	)		0.03			(0.04	)		(0.12	)		(0.12	)		(0.01	)		-			-			0.01
Net income attributable to Foster Wheeler AG	$	0.82		$	0.71		$	0.12		$	1.27		$	0.06		$	0.54		$	0.29		$	0.38		$	1.35
Diluted EPS
Income from continuing operations attributable to FWAG	$	0.83		$	0.68		$	0.16		$	1.39		$	0.18		$	0.55		$	0.29		$	0.38		$	1.34
Income from discontinued operations attributable to FWAG		(0.01	)		0.03			(0.04	)		(0.12	)		(0.12	)		(0.01	)		-			-			0.01
Net income attributable to Foster Wheeler AG	$	0.82		$	0.71		$	0.12		$	1.27		$	0.06		$	0.54		$	0.29		$	0.38		$	1.35
EBITDA from continuing operations	$	139,083		$	99,005		$	40,078		$	275,513		$	54,567		$	90,832		$	58,523		$	71,591		$	276,995

Foster Wheeler AG comprehensive income
Net income attributable to Foster Wheeler AG	$	83,725		$	70,699		$	13,026		$	136,022		$	6,295		$	58,222		$	30,859		$	40,646		$	162,383
Other comprehensive income, net of tax:
Foreign currency translation *		(18,560	)		(4,936	)		(13,624	)		7,579			1,898			14,770			(22,035	)		12,946			(21,694	)
Cash flow hedges		2,427			2,190			237			(1,377	)		693			(1,310	)		(49	)		(711	)		(1,702	)
Pension and other postretirement benefits *		6,280			3,223			3,057			(43,737	)		(52,190	)		2,859			2,886			2,708			(42,168	)
Comprehensive income	$	73,872		$	71,176		$	2,696		$	98,487		$	(43,304	)	$	74,541		$	11,661		$	55,589		$	96,819

EPS Computations:
Income from continuing operations attributable to FWAG	$	85,220		$	68,316		$	16,904		$	149,215		$	18,637		$	58,667		$	30,421		$	41,490		$	161,054
Income from discontinued operations attributable to FWAG		(1,495	)		2,383			(3,878	)		(13,193	)		(12,342	)		(445	)		438			(844	)		1,329
Net income attributable to Foster Wheeler AG	$	83,725		$	70,699		$	13,026		$	136,022		$	6,295		$	58,222		$	30,859		$	40,646		$	162,383

Weighted-average number of shares outstanding for basic EPS		102,182,011			100,001,580			104,386,669			107,054,284			105,552,630			107,065,999			107,840,679			107,774,203			120,085,704

Weighted-average number of shares outstanding for diluted EPS		102,566,647			100,254,752			104,639,999			107,313,539			105,970,858			107,319,962			107,843,255			107,881,807			120,504,483

* Excludes amounts attributable to noncontrolling interest.

FOSTER WHEELER AG

CONSOLIDATED BALANCE SHEET

(in thousands of dollars)

	2013						2012												2011
	Q2 6/30			Q1 3/31			Q4 12/31			Q3 9/30			Q2 6/30			Q1 3/31			Q4 12/31
ASSETS
Current Assets:
Cash and cash equivalents	$	414,738		$	475,716		$	582,322		$	709,370		$	767,259		$	648,904		$	718,049
Short-term Investments		-			-			-			-			-			1,334			1,294
Accounts and notes receivable, net:
Trade		645,229			583,025			609,213			529,321			528,091			572,151			426,470
Other		79,883			83,744			86,981			94,150			87,443			100,627			97,449
Contracts in process		200,297			242,919			228,979			246,414			212,209			209,487			166,648
Prepaid, deferred and refundable income taxes		55,438			56,462			57,404			65,101			63,812			65,507			62,616
Other current assets		44,341			47,317			47,138			43,232			41,373			52,283			49,054
Current assets held for sale		1,758			1,690			1,505			1,511			1,626			1,454			1,607
Total current assets		1,441,684			1,490,873			1,613,542			1,689,099			1,701,813			1,651,747			1,523,187
Land, buildings and equipment, net		280,182			277,039			285,402			278,871			271,188			281,528			277,421
Restricted cash		49,417			43,801			62,189			77,946			34,767			37,019			43,726
Notes and accounts receivable - long-term		13,912			13,828			14,119			5,488			6,453			6,478			6,210
Investments in and advances to unconsolidated affiliates		170,641			205,313			205,476			202,717			193,474			212,657			211,109
Goodwill		154,688			141,275			133,518			112,767			110,904			114,286			112,120
Other intangible assets, net		122,078			113,676			105,100			65,206			67,432			72,105			74,386
Asbestos-related insurance recovery receivable		127,362			130,434			132,438			126,421			141,952			148,246			157,127
Long-term assets held for sale		45,219			45,329			49,579			62,245			62,948			63,890			64,934
Other assets		112,445			96,827			90,509			134,943			123,791			122,871			118,178
Deferred tax assets		46,535			41,638			42,052			28,749			26,404			23,746			25,482
TOTAL ASSETS	$	2,564,163		$	2,600,033		$	2,733,924		$	2,784,452		$	2,741,126		$	2,734,573		$	2,613,880

LIABILITIES, TEMPORARY EQUITY AND EQUITY
Current Liabilities:
Current installments on long-term debt	$	13,262		$	13,386		$	13,672		$	12,874		$	12,610		$	13,004		$	12,683
Accounts payable		315,447			283,402			298,411			319,778			342,639			299,159			249,889
Accrued expenses		221,146			207,516			231,602			231,587			222,021			220,449			235,491
Billings in excess of costs and estimated earnings on uncompleted contracts		518,192			537,105			564,356			572,866			570,974			598,303			550,378
Income taxes payable		36,614			60,090			64,992			45,848			34,821			33,858			39,645
Current liabilities held for sale		1,783			2,418			3,154			3,373			2,377			4,025			2,898
Total current liabilities		1,106,444			1,103,917			1,176,187			1,186,326			1,185,442			1,168,798			1,090,984
Long-term debt		115,692			121,328			124,034			129,082			127,578			138,340			136,428
Deferred tax liabilities		44,618			40,265			40,889			45,347			44,502			47,070			44,622
Pension, postretirement and other employee benefits		171,387			173,763			177,345			163,736			165,253			169,557			171,065
Asbestos-related liability		242,874			250,578			259,350			245,317			253,713			262,254			269,520
Other long-term liabilities		189,510			178,321			190,132			167,556			161,748			165,828			160,596
Commitments and contingencies
TOTAL LIABILITIES		1,870,525			1,868,172			1,967,937			1,937,364			1,938,236			1,951,847			1,873,215
Temporary Equity:
Non-vested share-based compensation awards subject to redemption		10,663			8,192			8,594			9,645			8,369			6,295			4,993
TOTAL TEMPORARY EQUITY		10,663			8,192			8,594			9,645			8,369			6,295			4,993
Equity:
Registered shares		270,529			270,179			269,633			269,122			321,646			321,455			321,181
Paid-in capital		275,262			271,947			266,943			261,108			613,453			609,916			606,053
Retained earnings		919,718			849,019			835,993			829,698			771,476			740,617			699,971
Accumulated other comprehensive loss		(577,456	)		(577,933	)		(567,603	)		(518,004	)		(534,323	)		(515,125	)		(530,068	)
Treasury shares		(241,107	)		(124,924	)		(90,976	)		(50,921	)		(420,345	)		(420,345	)		(409,390	)
TOTAL FOSTER WHEELER AG SHAREHOLDERS' EQUITY		646,946			688,288			713,990			791,003			751,907			736,518			687,747
Noncontrolling interests		36,029			35,381			43,403			46,440			42,614			39,913			47,925
TOTAL EQUITY		682,975			723,669			757,393			837,443			794,521			776,431			735,672
TOTAL LIABILITIES, TEMPORARY EQUITY AND EQUITY	$	2,564,163		$	2,600,033		$	2,733,924		$	2,784,452		$	2,741,126		$	2,734,573		$	2,613,880

FOSTER WHEELER AG

CONSOLIDATED STATEMENT OF CASH FLOWS

(in thousands of dollars)

	YTD 6/30/2013			Full Year 2012			Full Year 2011
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	88,015		$	149,896		$	176,728
Adjustments to reconcile net income to cash flows from operating activities:
Depreciation and amortization		28,796			50,234			44,551
Net asbestos-related provision		4,000			30,505			9,915
Share-based compensation expense		9,481			21,623			21,849
Excess tax shortfall related to share-based compensation		88			98			57
Deferred income tax provision/(benefit)		764			(9,669	)		(16,316	)
Loss/(gain) on sale of assets		51			(173	)		(974	)
Dividends, net of equity in earnings of unconsolidated affiliates		35,437			3,012			8,017
Other noncash items, net		55			936			-
Changes in assets and liabilities, net of effects from acquisitions:
(Increase)/decrease in receivables		(18,265	)		(154,035	)		128,672
Net change in contracts in process and billings in excess of costs and estimated earnings on uncompleted contracts		(8,344	)		(57,247	)		(127,789	)
(Decrease)/increase in accounts payable and accrued expenses		(13,405	)		44,845			9,085
Net change in other current assets and liabilities		(34,987	)		23,467			147
Net change in other long-term assets and liabilities		(25,189	)		(11,123	)		(69,996	)
Net cash provided by operating activities — continuing operations		66,497			92,369			183,946
Net cash (used in)/provided by operating activities — discontinued operations		(441	)		932			1,800
Net cash provided by operating activities		66,056			93,301			185,746
CASH FLOWS FROM INVESTING ACTIVITIES
Payments related to acquisition of businesses, net of cash acquired		(50,800	)		(69,675	)		(29,376	)
Change in restricted cash		12,407			(18,135	)		(18,707	)
Capital expenditures		(17,534	)		(34,687	)		(26,219	)
Proceeds from sale of investments and other assets		266			578			2,157
Investments in and advances to unconsolidated affiliates		-			(2,003	)		-
Return of investment from unconsolidated affiliates		87			6,207			2
Purchase of short-term investments		-			-			(1,546	)
Proceeds from sale of short-term investments		-			1,255			-
Net cash used in investing activities — continuing operations		(55,574	)		(116,460	)		(73,689	)
Net cash provided by/(used in) investing activities — discontinued operations		441			(932	)		(1,800	)
Net cash used in investing activities		(55,133	)		(117,392	)		(75,489	)
CASH FLOWS FROM FINANCING ACTIVITIES
Repurchase of shares		(150,131	)		(90,976	)		(409,390	)
Distributions to noncontrolling interests		(10,514	)		(18,301	)		(11,373	)
Proceeds from capital contribution from noncontrolling interests		-			-			138
Proceeds from stock options exercised		1,891			807			11,910
Excess tax shortfall related to share-based compensation		(88	)		(98	)		(57	)
Payment of deferred financing costs		-			(3,993	)		-
Repayment of debt and capital lease obligations		(8,010	)		(13,017	)		(12,530	)
Net cash used in financing activities		(166,852	)		(125,578	)		(421,302	)
Effect of exchange rate changes on cash and cash equivalents		(11,655	)		13,942			(28,069	)
Decrease in cash and cash equivalents		(167,584	)		(135,727	)		(339,114	)
Less: Increase/(decrease) in cash and cash equivalents — discontinued operations		-			-			-
Decrease in cash and cash equivalents — continuing operations		(167,584	)		(135,727	)		(339,114	)
Cash and cash equivalents at beginning of year		582,322			718,049			1,057,163
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	414,738		$	582,322		$	718,049

FOSTER WHEELER AG

APPENDIX 1: EBITDA RECONCILIATION AND FOOTNOTES

(in thousands of dollars)

	2013									2012														2011
	YTD 6/30			Q2 6/30			Q1 3/31			Full Year 2012			Q4 12/31			Q3 9/30			Q2 6/30		Q1 3/31			Full Year 2011
EBITDA from continuing operations⁽¹⁾	$	139,083		$	99,005		$	40,078		$	275,513		$	54,567		$	90,832		$	58,523	$	71,591		$	276,995
Less: Interest expense		6,588			3,916			2,672			13,797			2,935			3,197			4,249		3,416			12,876
Less: Depreciation and amortization		28,796			13,454			15,342			50,234			14,693			12,178			11,562		11,801			44,551
Less: Provision for income taxes		18,479			13,319			5,160			62,267			18,302			16,790			12,291		14,884			58,514
Income from continuing operations⁽³⁾		85,220			68,316			16,904			149,215			18,637			58,667			30,421		41,490			161,054
(Loss)/income from discontinued operations⁽³⁾		(1,495	)		2,383			(3,878	)		(13,193	)		(12,342	)		(445	)		438		(844	)		1,329
Net income⁽²⁾⁽³⁾	$	83,725		$	70,699		$	13,026		$	136,022		$	6,295		$	58,222		$	30,859	$	40,646		$	162,383
_____________
⁽¹⁾ EBITDA includes the following:

Net asbestos-related (gain)/provision:
Global E&C Group	$	-		$	-		$	-		$	2,400		$	700		$	-		$	1,700	$	-		$	-
C&F Group		(11,800	)		(13,800	)		2,000			28,100			22,100			2,000			2,000		2,000			9,900
Total	$	(11,800	)	$	(13,800	)	$	2,000		$	30,500		$	22,800		$	2,000		$	3,700	$	2,000		$	9,900
⁽²⁾ Net income includes the following:

Net asbestos-related (gain)/provision:
Global E&C Group	$	-		$	-		$	-		$	1,800		$	500		$	-		$	1,300	$	-		$	-
C&F Group		(11,800	)		(13,800	)		2,000			28,100			22,100			2,000			2,000		2,000			9,900
Total	$	(11,800	)	$	(13,800	)	$	2,000		$	29,900		$	22,600		$	2,000		$	3,300	$	2,000		$	9,900

⁽³⁾Amounts attributable to Foster Wheeler AG.

FOSTER WHEELER AG

APPENDIX 2: Reconciliation of Foster Wheeler Scope Operating Revenues to Operating Revenues

(in thousands of dollars)

	2013						2012										2011
	YTD 6/30		Q2 6/30		Q1 3/31		Full Year 2012		Q4 12/31		Q3 9/30		Q2 6/30		Q1 3/31		Full Year 2011

Global E & C Group
Operating revenues - in Foster Wheeler Scope	$	868,242	$	443,488	$	424,754	$	1,586,198	$	423,870	$	380,482	$	416,830	$	365,016	$	1,594,992
Flow-through revenues		382,451		219,231		163,220		833,129		80,370		197,590		249,312		305,857		1,848,087
Operating revenues		1,250,693		662,719		587,974		2,419,327		504,240		578,072		666,142		670,873		3,443,079

Global Power Group
Operating revenues - in Foster Wheeler Scope		398,156		198,885		199,271		962,247		222,351		217,004		268,432		254,460		1,005,555
Flow-through revenues		4,702		1,803		2,899		9,820		3,455		2,220		1,888		2,257		9,474
Operating revenues		402,858		200,688		202,170		972,067		225,806		219,224		270,320		256,717		1,015,029

Consolidated
Operating revenues - in Foster Wheeler Scope		1,266,398		642,373		624,025		2,548,445		646,221		597,486		685,262		619,476		2,600,547
Flow-through revenues		387,153		221,034		166,119		842,949		83,825		199,810		251,200		308,114		1,857,561
Operating revenues	$	1,653,551	$	863,407	$	790,144	$	3,391,394	$	730,046	$	797,296	$	936,462	$	927,590	$	4,458,108

The above table excludes the following operating revenues from discontinued operations:
Operating revenues - in Foster Wheeler Scope	$	13,062	$	6,918	$	6,144	$	23,241	$	5,235	$	5,936	$	6,564	$	5,506	$	22,621
Flow-through revenues		-		-		-		-		-		-		-		-		-
Operating revenues	$	13,062	$	6,918	$	6,144	$	23,241	$	5,235	$	5,936	$	6,564	$	5,506	$	22,621

FOSTER WHEELER AG

FOOTNOTES

Definition of Scope:Metrics expressed in Foster Wheeler scope represent that portion of operating revenues, new orders booked and backlog on which profit is earned. Scope excludes revenues relating to third-party costs incurred by the Company as agent or principal on a reimbursable basis ("flow-through" costs).

Safe Harbor Statement:

This fact book may contain forward-looking statements that are based on the management’s assumptions, expectations and projections about the Company and the various industries within which the Company operates. These include statements regarding the Company’s expectations about revenues (including as expressed by its backlog), its liquidity, the outcome of litigation and legal proceedings and recoveries from customers for claims, and the costs of current and future asbestos claims and the amount and timing of related insurance recoveries. Such forward-looking statements by their nature involve a degree of risk and uncertainty. The Company cautions that a variety of factors, including but not limited to the factors described in the Company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarter ended March 31, 2013, which were filed with the U.S. Securities and Exchange Commission, and the following, could cause the Company's business conditions and results to differ materially from what is contained in forward-looking statements: benefits, effects or results of the Company's redomestication to Switzerland; benefits, effects or results of the Company's strategic renewal initiative; further deterioration in global economic conditions; changes in investment by the oil and gas, oil refining, chemical/petrochemical and power generation industries; changes in the financial condition of its customers; changes in regulatory environments; changes in project design or schedules; contract cancellations; changes in the estimates made by the Company of costs to complete projects; changes in trade, monetary and fiscal policies worldwide; compliance with laws and regulations relating to the Company's global operations; currency fluctuations; war, terrorist attacks and/or natural disasters affecting facilities either owned by the Company or where equipment or services are or may be provided by the Company; interruptions to shipping lanes or other methods of transit; outcomes of pending and future litigation, including litigation regarding the Company’s liability for damages and insurance coverage for asbestos exposure; protection and validity of the Company's patents and other intellectual property rights; increasing global competition; compliance with its debt covenants; recoverability of claims against the Company's customers and others by the Company and claims by third parties against the Company; and changes in estimates used in its critical accounting policies. Other factors and assumptions not identified above were also involved in the formation of these forward-looking statements and the failure of such other assumptions to be realized, as well as other factors, may also cause actual results to differ materially from those projected. Most of these factors are difficult to predict accurately and are generally beyond the Company’s control. You should consider the areas of risk described above in connection with any forward-looking statements that may be made by the Company. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any additional disclosures the Company makes in proxy statements, quarterly reports on Form 10-Q, annual reports on Form 10-K and current reports on Form 8-K filed or furnished with the U.S. Securities and Exchange Commission.

Calculation of EBITDA: EBITDA is a supplemental financial measure not defined in generally accepted accounting principles, or GAAP. The Company defines EBITDA as income attributable to Foster Wheeler AG before interest expense, income taxes and depreciation and amortization. The Company has presented EBITDA because it believes it is an important supplemental measure of operating performance. Certain covenants under the Company's senior unsecured credit agreement use an EBITDA, as defined in such agreement, in the covenant calculations which is different than the EBITDA as presented herein. The Company believes that the line item on its consolidated statement of operations entitled "net income attributable to Foster Wheeler AG" is the most directly comparable GAAP financial measure to EBITDA. Since EBITDA is not a measure of performance calculated in accordance with GAAP, it should not be considered in isolation of, or as a substitute for, net income attributable to Foster Wheeler AG as an indicator of operating performance or any other GAAP financial measure. EBITDA, as calculated by the Company, may not be comparable to similarly titled measures employed by other companies. In addition, this measure does not necessarily represent funds available for discretionary use, and is not necessarily a measure of the Company's ability to fund its cash needs. As EBITDA excludes certain financial information that is included in net income attributable to Foster Wheeler AG, users of this financial information should consider the type of events and transactions that are excluded.

The Company's non-GAAP performance measure, EBITDA, has certain material limitations as follows:

• It does not include interest expense. Because the Company has borrowed money to finance some of its operations, interest is a necessary and ongoing part of its costs and has assisted the Company in generating revenue. Therefore, any measure that excludes interest expense has material limitations;

• It does not include taxes. Because the payment of taxes is a necessary and ongoing part of the Company's operations, any measure that excludes taxes has material limitations; and

• It does not include depreciation and amortization. Because the Company must utilize property, plant and equipment and intangible assets in order to generate revenues in its operations, depreciation and amortization are necessary and ongoing costs of its operations. Therefore, any measure that excludes depreciation and amortization has material limitations.

Foster Wheeler (FWLT) Inactive 8-KFoster Wheeler Reports Results for Second Quarter of 2013