MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

Nelson Capital Management, LLC's Holding History (CIK: 0001512611)

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

Q4 2014

Shares 21 Value ($000) $14 Avg Close $678.17 Range $632.65 - $707.36

Q3 2014

Shares 21 Value ($000) $13 Avg Close $645.09 Range $623.90 - $666.00

Q2 2014

Shares 21 Value ($000) $14 Avg Close $630.07 Range $593.76 - $655.75

Q1 2014

Shares 21 Value ($000) $13 Avg Close $569.59 Range $527.17 - $596.87

Q4 2013

Shares 11 Value ($000) $6 Avg Close $542.65 Range $511.06 - $582.59

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	21	$14	$678.17	$632.65 - $707.36
Q3 2014	21	$13	$645.09	$623.90 - $666.00
Q2 2014	21	$14	$630.07	$593.76 - $655.75
Q1 2014	21	$13	$569.59	$527.17 - $596.87
Q4 2013	11	$6	$542.65	$511.06 - $582.59