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Markel Corporation Board of Directors Elects Anthony F. Markel Vice Chairman

Paul W. Springman President/COO

RICHMOND, Va., May 2 /PRNewswire/ -- Markel Corporation's Board of Directors has elected Anthony F. (Tony) Markel as vice chairman and Paul W. Springman as president and chief operating officer.

Mr. Markel has been associated with Markel Corporation for over 40 years, most recently serving as president and chief operating officer since 1992.

Mr. Springman has been serving as executive vice president of Markel Corporation since 2002. Prior to that, he was with wholly-owned Markel subsidiary Shand Morahan & Co., Inc. (Markel Shand, Inc.) from 1984-2002, where he last served as president and chief operating officer.

Commenting on the elections, Alan I. Kirshner, chairman of the board and chief executive officer said, "The new roles will allow us to further implement our succession planning while preserving access to the experience of a management team that has achieved great success since Markel Corporation went public in 1986. I look forward to continuing to work with both Tony and Paul to reach our goals for our customers, shareholders and associates."

SOURCE Markel Corporation

CONTACT: Letha E. Heaton, +1-847-572-6250, heaton@markelcorp.com, or Gail A. Strejc, +1-847-572-6252, strejc@markelcorp.com, both of Markel Corporation