X0202 4 2007-02-14 0 0001096343 MARKEL CORP MKL 0001184575 MARKEL STEVEN A C/O MARKEL CORPORATION 4521 HIGHWOODS PKWY GLEN ALLEN VA 23060 1 1 0 0 Vice Chairman Common Stock 2007-02-14 4 S 0 500 490.832 D 3300 I By Trust Common Stock 244667.894 D Common Stock 1859.677 I 401(K) Plan Common Stock 4375 I By Trust Common Stock 21859 I By Trust Mr. Markel is co-trustee of, and retains a partial interest in, this trust. However, Mr. Markel does not have investment discretion or voting control over any shares held in the trust and, accordingly, disclaims beneficial ownership of the shares held by the trust. 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 29, 2006 and utilizes the closing stock price on that date of $480.10. As of 12/29/2006, a unit under the Plan represented one share of Common Stock. 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. Mr. Markel is a trustee and partial beneficiary of a Grantor Retained Annuity Trust. Linda S. Rotz, Attorney-in-fact for Steven A. Markel 2007-02-14