MARKEL GROUP INC. — Director's Dealing 2010

Jan 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: MARKEL STEVEN A (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-02	Common Stock	G	500	—	Disposed	224658.894	Direct
2009-12-22	Common Stock	G	300	—	Disposed	224358.894	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1915.400	Indirect
Common Stock	15038	Indirect
Common Stock	4375	Indirect

Footnotes

F1: 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.

F2: Mr. Markel is a Trustee and partial beneficiary of a Grantor Retained Annuity Trust.

F3: Mr. Markel is trustee and retains a partial interest in the trust. The amount reported reflects all the securities held by the trust, but Mr. Markel disclaims beneficial ownership except with respect to his interest in the trust.