MARKEL GROUP INC. — Director's Dealing 2010

Feb 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2010-02-11

Reporting Person: Latham John K (Managing Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-11	Common Stock	J	0.806	$339.72	Acquired	6942.317	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1343.045	Indirect

Footnotes

F1: Shares acquired pursuant to, or bonus shares granted under the Markel Corporation Employee Stock Purchase and Bonus Plan.

F2: Includes 676 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan, of which 120 units will vest on December 31, 2010, 271 units will vest on December 31, 2011, and 285 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 December 31, 2009, a unit under the Plan represented one share of Common Stock.