Primary Banner Beige

Markel Corporation to Participate in Investor Conference

RICHMOND, Va., Jan. 21 /PRNewswire-FirstCall/ -- Steven A. Markel, Vice Chairman of Markel Corporation (NYSE: MKL) is scheduled to participate in the Salomon Smith Barney Financial Services Conference in New York on January 29, 2003 at 2:00 p.m. (EST). A live webcast of Mr. Markel's presentation may be accessed at http://www.markelcorp.com . A replay of the presentation will be accessible from http://www.markelcorp.com for approximately 14 days following the presentation.

The presentation may contain forward-looking statements. Please refer to Markel Corporation's past and future filings and reports filed with the SEC for a description of important factors that may affect Markel's business. Markel is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets. In each of these markets, the Company seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting profits and superior investment returns to build shareholder value. SOURCE Markel Corporation

-0- 01/21/2003

/CONTACT: Bruce A. Kay of Markel Corporation, +1-804-747-0136/