Sam Ricketts raced down the right wing and provided a perfect cross for Folan to head powerfully past Lee.
Klose could have scored twice more in the final stages, as Wales' only shot on target came from Sam Ricketts.
Culpable too was Ricardo Gardner, who should have done better than head tamely behind from Sam Ricketts' precise cross early on.
Moments later, Spurs were awarded a second penalty when Aaron Lennon jinked past Sam Ricketts before going down under the defender's challenge.
Bolton's Sam Ricketts was dismissed for the foul that led to Bent's second from the penalty spot before the England striker slotted home again late on.
The nerves spread and Wales found themselves behind nine minutes later as Sam Ricketts and Morgan left a deep free-kick from Yiasoumis Yiasoumi to each other.
That first chance fell captain Bellamy who raced in at the far post to meet Sam Ricketts' ball from the right, only to scuff his attempted half-volley.
But straight from the kick-off Sam Ricketts sent a long ball forward and Stuart Holden collected Kevin Davies's knockdown before lashing a fine finish past Paul Robinson.
There was a pleasing cut and thrust developing in the game, with Ramsey and Sam Ricketts - catching the eye with a dashing display from right wing-back - looking particularly dangerous for Wales.
Sam Ricketts, who had replaced David Vaughan, was penalised for a foul on the edge of the Wales penalty box and Selva fired a superb effort into the top corner with Price rooted to his spot.
The goal inspired some open early exchanges, Sam Ricketts making a sliding intervention to keep out Stephen Hunt who was poised to strike for Wolves at the far post, while for Bolton Chung-Yong Lee's touch deserted him when a neat knock-down from England striker Kevin Davies found him well placed inside the area.
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