Celtic goalkeeper Forster, who has never represented England at any level or played a Premier League game, has been picked by manager Roy Hodgson as back-up to Joe Hart.
Shawcross could make his debut over two-and-a-half years after his first call-up, following his inclusion in the 25-man squad.
The Stoke defender was an unused substitute against Egypt in March 2010, when his involvement was overshadowed by the tackle that broke Arsenal midfielder Aaron Ramsey's leg on the day of the squad announcement.
Shawcross is included at the expense of Ferdinand, whose exile continues despite the retirement of John Terry.
Hodgson's coach Gary Neville said on Monday that Ferdinand would only be included if he was guaranteed to be included in the starting XI, but insisted the door was not closed on the Manchester United man.
However, a newspaper report on Thursday morning claimed Hodgson told passengers on a Tube train that he had ended Ferdinand's England career.
The squad will train on Monday at the new National Football Centre at St.George's Park, Burton, on Monday.
Goalkeepers: Fraser Forster, Joe Hart, John Ruddy
Defenders: Leighton Baines, Gary Cahill, Ashley Cole, Kieran Gibbs, Phil Jagielka, Glen Johnson, Joleon Lescott, Ryan Shawcross, Kyle Walker
Midfielders: Michael Carrick, Tom Cleverley, Steven Gerrard, Adam Johnson, Aaron Lennon, Frank Lampard, James Milner, Alex Oxlade-Chamberlain, Theo Walcott
Forwards: Andy Carroll, Jermain Defoe, Wayne Rooney, Danny Welbeck