X0202 4 2007-01-31 0 0001363829 Enstar Group LTD ESGR 0001041196 FLOWERS CHRISTOPHER J 717 FIFTH AVE. 26TH FLOOR NEW YORK NY 10022 1 0 1 0 Ordinary Shares 2007-01-31 4 A 0 1221555 A 1221555 D Restricted Share Units 2007-01-31 4 A 0 4515 A Ordinary Shares 4515 4515 D Received in exchange for 1,221,555 shares of common stock of The Enstar Group, Inc. in connection with the merger of The Enstar Group, Inc. and a subsidiary of Enstar Group Limited, formerly known as Castlewood Holdings Limited (the "Merger"). On the effective date of the Merger, the closing price of the common stock of The Enstar Group, Inc. was $107.83 per share. On the first day of trading after the effective date of the Merger (the first date of trading in the ordinary shares of Enstar Group Limited), the closing price of Enstar Group Limited ordinary shares was $104.75 per share. Received in the Merger in exchange for Restricted Stock Units of The Enstar Group, Inc. accrued under The Enstar Group, Inc. Deferred Compensation and Stock Plan for Non-Employee Directors, as amended and restated. The RSUs may be settled in a lump sum distribution or in quarterly or annual installment payments over a period not to exceed 10 years beginning as of the first business day of any calendar year after the termination of the Reporting Person's services on the Board of Directors of Enstar Group Limited. Cheryl D. Davis by power of attorney 2007-01-31