M+W Zander Named General Contractor for the GLOBALFOUNDRIES Fab 2

The Approximately 550 Million Euro Contract Is in Place for Development of World's Most Advanced Semiconductor Wafer Fabrication Facility

STUTTGART, GERMANY and MALTA, NY-- October 14, 2009 -- The international engineering company M+W Zander has been awarded a contract for approximately 550 million Euro from GLOBALFOUNDRIES, the world's first truly global leading-edge semiconductor manufacturing company, to engineer and construct its new semiconductor wafer facility 'Fab 2'. The construction site is located at the Luther Forest Technology Campus in Saratoga County, New York. Fab 2 is expected to be the most advanced semiconductor manufacturing 'Foundry' in the world. The facility will initially produce 300-millimeter-wafers at the 28-nanometer node for a variety of clients.

The order for M+W Zander provides a full 'turnkey' solution for the construction of the facility. As such, M+W Zander is providing full architectural and engineering services, construction management for the entire project as well as general contracting for all of the technical areas to include the manufacturing spaces, building utilities, central utility building and process systems.

The Fab 2 complex will consist of four major buildings totalling more than 130,000 square meters (1.45 million square feet), including a 28,000 square meters (300,000 square feet) Class 100 clean room wafer fabrication building, a "spine" support building, an administrative office building and a central utility building (CUB) along with service yards and small support buildings.

Construction is expected to take about two years to complete, and 12 to 18 months to ramp to full operating mode. Initial production is expected to begin in 2012.

"This new major order strengthens our global leadership as the engineering and construction partner for the semiconductor industry," said Jürgen Wild, CEO of M+W Zander Group. Rick Whitney, president of M+W Zander in the U.S., added: "We appreciate the confidence GLOBALFOUNDRIES has shown in M+W Zander. We are looking forward to designing and building a globally competitive foundry manufacturing facility in the upstate New York area."

Additional information: http://fab2construction.com.

About M+W Zander (www.mw-zander.com):

The M+W Zander Group offers its customers worldwide integrated life-cycle solutions for high-tech production plants and infrastructure complexes including all necessary service and modernization support. The customer base focuses primarily on leading electronics, photovoltaic, pharmaceutical, chemical, automobile and communication companies, as well as research institutes and universities. The company ranks among the market leaders in various market sectors, for example semiconductors, photovoltaics and pharmaceuticals. MWZ Group GmbH, Stuttgart, manages the global activities of the group as a holding company. The group has three main divisions of Facility Solutions, Process Solutions and Product Solutions and generated revenues of some 1.74 billion euros in the business year 2008 with a workforce of approximately 4,500.