Exhibit 99.26

[Execution Copy]

April 5, 2004

Foster Wheeler LLC

Perryville Corporate Park

Service Road East 173

Clinton, New Jersey 08809-4000

EXTENSION OF COMMITMENTS

Ladies and Gentlemen:

Reference is made to the Commitment Letter dated February 4, 2004 (the “Commitment Letter”), among Foster Wheeler LLC, a Delaware limited liability company (the “Company”) and the entities listed on Schedule 1 thereto (the “Purchasers”), in connection with the proposed repayment of approximately $120,000,000 of certain funded debt of the Company.  Terms defined in the Commitment Letter are used herein as defined therein.

The Company has requested that the Purchasers consent to the extension of the Commitment Letter and the Purchasers are willing to so consent upon the terms and conditions of this letter (the “Letter”).  Accordingly, the parties hereto hereby agree as follows:

Section 1.  Amendments.  Subject to the satisfaction of the conditions precedent set forth in Section 2 hereof, the Commitment Letter shall be amended as follows:

1.01.  Termination of Commitment.  Section 7(c) of the Commitment Letter is hereby amended to read in its entirety as follows§

“(c)         April 12, 2004;”

1.02.  Terms of Upsized Notes.  Schedule 2 of the Commitment Letter is hereby deleted and replaced in its entirety by Schedule 2 hereto.

Section 2.  Conditions.  The amendments set forth in Section 1 hereof shall become effective, as of the date hereof, upon satisfaction of the following conditions:

(a)  Execution of this Letter. The execution and delivery of counterparts of this Letter by the Company and each of the Purchasers not later than April 6, 2004; and

(b)  Payment of Fees.  The payment of any outstanding invoices for fees and expenses incurred by Saybrook Restructuring Advisors, LLC and Milbank, Tweed, Hadley & McCloy LLP, with respect to which invoices have been delivered to the Company on or before April 2, 2004.

Section 3.  Miscellaneous.  Except as herein provided, the terms and conditions set forth in the Commitment Letter shall continue unchanged and in full force and effect.  This letter shall be governed by, and construed in accordance with, the law of the State of New York.

                                IN WITNESS WHEREOF, each of the parties has caused this Commitment Letter to be executed and delivered by its duly authorized officers as of the date first written above.

Very truly yours,
FOSTER WHEELER LLC
By:	/s/ Thierry Demaris
	Name: Thierry Demaris
	Title: Vice President and Treasurer

2

Purchaser:

Wells Fargo Bank, N .A.
By:	/s/ Peta Swidler
Name:	Peta Swidler
Title:	Senior Vice President

3

Purchaser:

Sutter Advisors
By:	/s/ Peta Swidler
Name:	Peta Swidler
Title:	Senior Vice President

4

Purchaser:

Merrill Lynch Global Allocation Fund, Inc.
By:	/s/ Lisa O’Donnell
Name:	Lisa O’Donnell
Title:	Director MLIM, Authorized Signatory

5

Purchaser:

Merrill Lynch International Investment Fund
- MLIIF Global Allocation Fund
By:	/s/ Lisa O’Donnell
Name:	Lisa O’Donnell
Title:	Director MLIM, Authorized Signatory

6

Purchaser:

Merrill Lynch Variable Series Fund, Inc. -
Merrill Lynch Global Allocation V.I. Fund
By:	/s/ Lisa O’Donnell
Name:	Lisa O’Donnell
Title:	Director MLIM, Authorized Signatory

7

Purchaser:

Merrill Lynch Series Funds, Inc. - Global
Allocation Strategy Portfolio
By:	/s/ Lisa O’Donnell
Name:	Lisa O’Donnell
Title:	Director MLIM, Authorized Signatory

8

Purchaser:

Tribeca Investments Ltd.
By:	/s/ Craig M. Jarvis
Name:	Craig M. Jarvis
Title:	Chief Financial Officer

9

Purchaser:

Highbridge Capital Corporation
By:	/s/ Andrew Martin
Name:	Andrew Martin
Title:	Portfolio Manager

10

Purchaser:

SPECIAL VALUE ABSOLUTE RETURN FUND, LLC
	By:		SVAR/MM, LLC
	Its:		Managing Member
	By:		Tennenbaum Capital Partners, LLC
	Its:		Managing Member
	By:		Tennenbaum & Co., LLC
	Its:		Managing Member
By:		/s/ Mark Holdsworth
Name:			Mark Holdsworth
Title:			Managing Partner

11

Purchaser:

SPECIAL VALUE BOND FUND II, LLC
	By:	SVIM/MSM II, LLC
	Its:	Managing Member
	By:	Tennenbaum & Co., LLC
	Its:	Managing Member
By:		/s/ Mark Holdsworth
Name:		Mark Holdsworth
Title:		Managing Partner