MARKEL GROUP INC. — Director's Dealing 2012

Feb 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2012-02-13

Reporting Person: Waleski Anne G (Vice President and CFO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1188.540	Indirect
Common Stock	2421.9879	Direct

Footnotes

F1: This Form 4 is filed to update year-end 401(K) Plan holdings.

F2: 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 30, 2011 and utilizes the closing stock price on that date of $414.67. As of December 30, 2011, a unit under the Plan represented one share of Common Stock.

F3: The total includes 1,532 restricted stock units awarded pursuant to the Markel Corporation Omnibus Incentive Plan, of which 625 units will vest on May 9, 2015, 282 units will vest on December 31, 2015, and 625 units will vest on May 9, 2016.