Flagstone Re to Hold Fourth Quarter and Year-End 2011 Earnings Call

Flagstone Reinsurance Holdings S.A. (NYSE:FSR) announced today that it will hold an investment community conference call on Wednesday, February 22^nd 2012, at 9:30am Eastern Time to discuss the company’s fourth quarter and year-end 2011 financial results with interested investors and shareholders. Flagstone will release the results after close of market on Tuesday, February 21^st, 2012.

The teleconference can be accessed by dialing (800) 299 7089 (US callers) or (617) 801-9714 (International callers) and entering the pass code 89908116 approximately 10-15 minutes in advance of the call. A live, listen-only webcast of the call will be available via the Investor Information section of the Company’s website at www.flagstonere.com

A replay of the teleconference will be available through May 22^nd, 2012 by dialing (888) 286-8010 (US callers) or (617) 801-6888 (International callers) and entering the pass code 82098073. The webcast will be archived on the Company’s website.

About Flagstone Reinsurance Holdings S.A.

Flagstone, through its operating subsidiaries, is a global reinsurance and insurance company that employs a focused and technical approach to the Property Catastrophe, Property, and Specialty reinsurance and insurance businesses.

Flagstone is traded on the New York Stock Exchange under the symbol "FSR” and the Bermuda Stock Exchange under the symbol "FSR BH”. Additional financial information and other items of interest are available at the Company’s website located at www.flagstonere.com.