MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS's Holding History (CIK: 0001083190)

Note: Option positions (PUT/CALL) are excluded.

Q2 2014

Shares 3,000 Value ($000) $1,967 Avg Close $630.07 Range $593.76 - $655.75

Q1 2014

Shares 3,000 Value ($000) $1,788 Avg Close $569.59 Range $527.17 - $596.87

Q4 2013

Shares 3,000 Value ($000) $1,741 Avg Close $542.65 Range $511.06 - $582.59

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	3,000	$1,967	$630.07	$593.76 - $655.75
Q1 2014	3,000	$1,788	$569.59	$527.17 - $596.87
Q4 2013	3,000	$1,741	$542.65	$511.06 - $582.59