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MARKEL GROUP INC. Director's Dealing 2010

Jan 8, 2010

30227_dirs_2010-01-08_1a6ec0e7-4d97-4ff8-8545-80c0eda68369.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2009-12-02

Reporting Person: Glisson Britton L. (Chief Administrative Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-12-02 Common Stock G 160 Disposed 946 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 8743.732 Direct
Common Stock 1253.663 Indirect

Footnotes

F1: Beneficial ownership of securities is disclaimed.

F2: Includes 1,302 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan, of which 803 units will vest on December 31, 2010, 265 units will vest on December 31, 2011, and 234 units will vest on December 31, 2012.

F3: Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of December 31, 2009 and utilizes the closing stock price on that date of $340.00. As of 12/31/2009, a unit under the Plan represented one share of Common Stock.