MARKEL GROUP INC. — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2010-01-05

Reporting Person: SPRINGMAN PAUL W (President and COO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17496.604	Direct
Common Stock	3816.470	Indirect
Common Stock	4200.00	Indirect

Footnotes

F1: Includes 2325 Restricted Stock Units granted pursuant to the Markel Corporation Omnibus Incentive Plan, which awards have vested but for which receipt of shares has been deferred. End-of-period holdings reflect the forfeiture, in accordance with the terms of the awards, of 3,573 Restricted Stock Units upon Mr. Springman's resignation as President and Chief Operating Officer on January 1, 2010.

F2: This Form 4 is filed to update year-end 401(K) Plan holdings.

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 per share. As of 12/31/2009, a unit under the Plan represented one share of Common Stock.

F4: Beneficial ownership of securities is disclaimed.