MARKEL GROUP INC. — Director's Dealing 2010

May 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2010-05-10

Reporting Person: Albanese Gerard JR (EVP & Chief Underwriting Off.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-10	Common Stock	A	2780	—	Acquired	9067.31	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	719.971	Indirect

Footnotes

F1: Restricted stock units awarded pursuant to the Markel Corporation Omnibus Incentive Plan. Subject to certain conditions, twenty percent of the restricted stock units will vest on May 10, 2011, and the balance will vest on May 10, 2015.

F2: In addition to the grant of 2,780 restricted stock units reported herein, the total also includes 1,149 other restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan, of which 416 units will vest on December 31, 2011, 386 units will vest on December 31, 2012, and 347 units will vest on December 31, 2013.

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 March 31, 2010 and utilizes the closing stock price on that date of $374.66. As of 3/31/2010, a unit under the Plan represented one share of Common Stock.