Completed Transaction Announcement: Alliance Holdings

November 1, 2013 – Alliance Holdings announced that it has completed the acquisition of Markel Corporation (“Markel” or the “Company”). Founded in 1922 and headquartered in Plymouth Meeting, PA, Markel is a pioneer in the extrusion and manufacture of Polytetrafluoroethylene (“PTFE”) components that serve as an enabling technology across a range of high performance tubing and insulated wire products. The Company’s products are used as critical components in a variety of applications including automotive cable assemblies, high performance coaxial cable applications and porous membranes. Markel’s products are sold to blue-chip customers in Brazil, Canada, China, France, Germany, Hong Kong, India, Italy, Japan, Mexico, the Philippines, Puerto Rico, Singapore, South Korea, Taiwan, Thailand and the United States.

Janney Montgomery Scott acted as exclusive financial advisor to Markel.

Janney Montgomery Scott LLC
1717 Arch Street
Philadelphia, PA 19103



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