MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

Spectrum Financial Alliance Ltd LLC's Holding History (CIK: 0001566531)

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

Q4 2018

Shares 25 Value ($000) $25 Avg Close $1093.58 Range $954.39 - $1203.43

Q3 2018

Shares 25 Value ($000) $29 Avg Close $1176.81 Range $1078.02 - $1228.32

Q2 2018

Shares 25 Value ($000) $27 Avg Close $1129.38 Range $1083.92 - $1180.00

Q1 2018

Shares 25 Value ($000) $29 Avg Close $1125.56 Range $1049.95 - $1194.98

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	25	$25	$1093.58	$954.39 - $1203.43
Q3 2018	25	$29	$1176.81	$1078.02 - $1228.32
Q2 2018	25	$27	$1129.38	$1083.92 - $1180.00
Q1 2018	25	$29	$1125.56	$1049.95 - $1194.98