THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Foster Wheeler Ltd. (FWLT)

3/30/2006 Proxy Information

Mr. Victor A. Hebert is an attorney with the law firm of Heller Ehrman White & McAuliffe LLP and served as a director of Foster Wheeler Ltd. during 2003 until his resignation in November 2003. The law firm of Heller Ehrman White & McAuliffe was appointed to serve as the Company’s General Counsel in connection with the retirement of the Company’s general counsel, Thomas R. O’Brien. Mr. Hebert on behalf of Heller Ehrman was selected to lead the Company’s legal team and was the Assistant Secretary from November 10, 2003 until February 10, 2005 when Heller Ehrman ceased to serve as the general counsel and Mr. Hebert ceased to be the Assistant Secretary. The Company made payments to Heller Ehrman in the amount of $307,406 for all legal services provided by Heller Ehrman to the Company in 2005.

4/5/2005 Proxy Information

Kenneth A. Hiltz served as Chief Financial Officer of Foster Wheeler Ltd. from April 7, 2003 until January 30, 2004 pursuant to an agreement between Foster Wheeler and AP Services, LLC, a subsidiary of AlixPartners to provide financial management and consulting services. Mr. Hiltz is also a principal with AlixPartners, LLC. Mr. Ryan J. Esko, an employee of AlixPartners, served as Treasurer of the Company from November 26, 2002 to January 30, 2004 pursuant to an agreement between Foster Wheeler and AP Services, LLC, a subsidiary of AlixPartners to also provide financial management services to the Company. The Company paid AlixPartners, LLC approximately $743,000 for Mr. Hiltz's services and $1,017,000 for Mr. Esko's services during 2003, and approximately $172,360 for Mr. Hiltz's services and $118,336 for Mr. Esko's services through December 2004 based upon the agreement terms. An additional $8,613,205 in 2003, $2,951,841 in 2004 and $186,132 through February 2005, was paid to AlixPartners for financial management and consulting services.

Mr. Victor A. Hebert is an attorney with the law firm of Heller Ehrman White & McAuliffe LLP and served as a director of Foster Wheeler Ltd. During 2003 until his resignation in November 2003. The law firm of Heller Ehrman White & McAuliffe was appointed to serve as the Company's General Counsel in connection with the retirement of the Company's general counsel, Thomas R. O'Brien. Mr. Hebert on behalf of Heller Ehrman was selected to lead the Company's legal team and was the Assistant Secretary until February 10, 2005 when Heller Ehrman ceased to serve as the general counsel and Mr. Hebert ceased to be the Assistant Secretary. The Company made payments to Heller Ehrman in the amount of $1,316,709 during 2004 and $190,412 from January 1, 2005 through March 14, 2005.

10/29/2004 Proxy Information

Mr. Kenneth A. Hiltz served as Chief Financial Officer of Foster Wheeler Ltd. from April 7, 2003 until January 30, 2004 pursuant to an agreement between Foster Wheeler and AP Services, LLC, a subsidiary of AlixPartners to provide financial management and consulting services. Mr. Hiltz is also a principal with AlixPartners, LLC. Mr. Ryan J. Esko, an employee of AlixPartners, served as Treasurer of the Company from November 26, 2002 to January 30, 2004 pursuant to an agreement between Foster Wheeler and AP Services, LLC, a subsidiary of AlixPartners to also provide financial management services to the Company. The Company paid AlixPartners, LLC approximately $743,000 for Mr. Hiltz's services and $1,017,000 for Mr. Esko's services during 2003, and approximately $172,360 for Mr. Hiltz's services and $118,336 for Mr. Esko's services through September 2004 based upon the agreement terms. An additional $8,613,205 in 2003 and $2,522,340 through September 2004 was paid to AlixPartners for financial management and consulting services.

Mr. Victor A. Hebert is an attorney with the law firm of Heller Ehrman White & McAuliffe LLP and served as a director of Foster Wheeler Ltd. during 2003 until his resignation in November 2003. The law firm of Heller Ehrman White & McAuliffe was appointed to serve as the Company's General Counsel in connection with the retirement of the Company's general counsel, Thomas R. O'Brien. Mr. Hebert on behalf of Heller Ehrman was selected to lead the Company's legal team and became an Assistant Secretary. The Company made payments to Heller Ehrman in the amount of $54,400 during 2003 and $687,241 through September 2004.

Al-Rushaid Investment Company ("Representative") (owned by a person who has reported 10% ownership of the Company's common shares) and Foster Wheeler International Corporation ("Company"), a subsidiary of Foster Wheeler Ltd., entered into a Representation Agreement effective March 1, 2004. The Company appointed the Representative as its exclusive representative within the Kingdom of Saudi Arabia for work related to the Company's engineering and construction group. The agreement and the compensation to be paid was based on an arms-length negotiation. The amount paid to the Representative will be dependent on monies received for contracts performed in the Kingdom of Saudi Arabia over the term of the agreement. There were no amounts paid under this agreement through September 2004. Abdullah R. Al-Rushaid filed a Form 13G with the Securities and Exchange Commission on September 13, 2002 indicating beneficial ownership of 10% of the common shares of Foster Wheeler Ltd. The number of shares reported represents 3.15% of the number of common shares issued as of October 7, 2004.

In connection with Mr. Milchovich's Employment Agreement, the Company agreed to reimburse Mr. Milchovich for relocation expenses so as to preclude any out-of-pocket expenses in connection with his move from Texas to New Jersey. This included a third-party buyout of his home in Texas, including equity based on the average of three independent appraisals. In accordance with that provision, the Company paid Mr. Milchovich $1,650,000 for the home on February 4, 2002 and sold the home to an independent third party on March 20, 2003 for $1,025,000.

6/9/2004 10K Information

Mr. Kenneth A. Hiltz served as Chief Financial Officer of Foster Wheeler Ltd. from April 7, 2003 until January 30, 2004 pursuant to an agreement between Foster Wheeler and AP Services, LLC, a subsidiary of AlixPartners to provide financial management and consulting services. Mr. Hiltz is also a principal with AlixPartners, LLC. Mr. Ryan J. Esko, an employee of AlixPartners, served as Treasurer of the Company from November 26, 2002 to January 30, 2004 pursuant to an agreement between Foster Wheeler and AP Services, LLC, a subsidiary of AlixPartners to also provide financial management services to the Company. The Company paid AlixPartners, LLC approximately $743,000 for Mr. Hiltz’s services and $1,017,000 for Mr. Esko’s services during 2003 based upon the agreement terms. An additional $8,613,205 was paid to AlixPartners for financial management and consulting services.

Mr. Victor A. Hebert is an attorney with the law firm of Heller Ehrman White & McAuliffe LLP and served as a director of Foster Wheeler Ltd. during 2003 until his resignation in November 2003. The law firm of Heller Ehrman White & McAuliffe was appointed to serve as the Company’s General Counsel effective January 1, 2004. Mr. Hebert on behalf of Heller Ehrman was selected to lead the Company’s legal team effective January 1, 2004 and became an Assistant Secretary. The Company made payments to Heller Ehrman in the amount of $54,400 during 2003.

Al-Rushaid Investment Company (“Representative”) (owned by a 10% holder of the Company’s common stock) and Foster Wheeler International Corporation (“Company”), a subsidiary of Foster Wheeler Ltd., entered into a Representation Agreement effective March 1, 2004. The Company appointed the Representative as its exclusive representative within the Kingdom of Saudi Arabia for work related to the Company’s engineering and construction group. The agreement and the compensation to be paid was based on an arms-length negotiation. The amount paid to the Representative will be dependent on monies received for contracts performed in the Kingdom of Saudi Arabia over the term of the agreement. Abdullah R. Al-Rushaid filed a Form 13G with the Securities and Exchange Commission on September 13, 2002 indicating beneficial ownership of 10% of the common stock of Foster Wheeler Ltd.

In connection with Mr. Milchovich’s Employment Agreement, the Company agreed to reimburse Mr. Milchovich for relocation expenses so as to preclude any out-of-pocket expenses in connection with his move from Texas to New Jersey. This included a third-party buyout of his home in Texas, including equity based on the average of three independent appraisals. In accordance with that provision, the Company paid Mr. Milchovich $1,650,000 for the home on February 4, 2002 and sold the home to an independent third party on March 20, 2003 for $1,025,000.

Mr. Milchovich was the former President and Chief Executive Officer of Kaiser Aluminum Corporation from December 1999 to October 2001. Kaiser Aluminum Corporation commenced a voluntary petition under Chapter 11 of the United States Bankruptcy Code on February 12, 2002. Mr. Hiltz was the former Chief Financial and Chief Restructuring Officer of Hayes Lemmerz International, Inc. which commenced a voluntary petition under Chapter 11 of the United States Bankruptcy Code on December 5, 2001 during his term as the executive officer.

3/25/2003 Proxy Information

Victor A. Hebert, a director of the Company, is a member of the law firm Heller Ehrman White & McAuliffe LLP. The Company paid Heller Ehrman White & McAuliffe LLP $1,481.76 in 2002 for services rendered by the firm.