Flagstone Re to Present at the 2007 Lehman Brothers Financial Services Conference

    HAMILTON, BERMUDA, September 5 /CNW/ - Flagstone Reinsurance Holdings
Limited (NYSE:  FSR) announced today that David Brown, the Company's Chief
Executive Officer, will be presenting at the 2007 Lehman Brothers Financial
Services Conference at the Hilton New York Hotel, New York City on September
12th, 2007 at 8:30am EDT.

    Slides from the presentation, and a live listen-only audio webcast will
be available in the Investor Relations section of the Company's website,
www.flagstonere.bm. A replay of the webcast will be available on the website
24 hours after the presentation and will remain available until November 1st,

    About Flagstone Reinsurance Holdings Limited

    Flagstone Reinsurance Holdings Limited, through its operating
subsidiaries, is a global reinsurance company formed and headquartered in
Bermuda. Flagstone Re employs a focused, technical approach to the Property
Catastrophe, Property, and Specialty reinsurance business. Flagstone Re and
Flagstone Reassurance Suisse have received "A-" financial strength ratings
from both A.M. Best and Fitch Ratings, and "A3" ratings from Moody's Investors

For further information:

For further information: Flagstone Reinsurance Holdings Limited,
Hamilton Brenton Slade, +1-441-278-4303

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