X0202 4 2007-01-31 1 0000055820 ENSTAR GROUP INC ESGR 0001187462 ARMSTRONG WHIT 110 REDWING DRIVE ENTERPRISE AL 36330 1 0 0 0 Common Stock 2007-01-31 4 D 0 26647 D 0 D Options to Purchase Common Stock 18.90 2007-01-31 4 D 0 15000 D 2011-01-31 Common Stock 15000 0 D Restricted Stock Units 2007-01-31 4 D 0 14922 D Common Stock 14922 0 D Common Stock was exchanged on a one for one basis for Ordinary Shares in Enstar Group Limited (formerly Castlewood Holdings Limited) in connection with merger of The Enstar Group, Inc. and a subsidiary of Enstar Group Limited ("the merger"). On the effective date of the merger, the closing price of The Enstar Group, Inc. common stock 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. Options to purchase Common Stock were exchanged for Options to Purchase Ordinary Shares in Enstar Group Limited (formerly Castlewood Holdings Limited) in connection with the merger. The number of shares underlying such options and the corresponding exercise price will be determined pursuant to a formula based on the closing price of the ordinary shares of Enstar Group Limited for the five trading days following the merger. Restricted Stock Units were exchanged for Restricted Stock Units of Enstar Group Limited (formerly Castlewood Holdings Limited) in connection with the merger.The RSU's 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 2007-02-01