From the libsvm FAQ:
Q: Can you explain more about the model file?
In the model file, after parameters and other informations such as labels , each line represents a support vector. Support vectors are listed in the order of "labels" shown earlier. (i.e., those from the first class in the "labels" list are grouped first, and so on.) If k is the total number of classes, in front of a support vector in class j, there are k-1 coefficients y*alpha where alpha are dual solution of the following two class problems: 1 vs j, 2 vs j, ..., j-1 vs j, j vs j+1, j vs j+2, ..., j vs k and y=1 in first j-1 coefficients, y=-1 in the remaining k-j coefficients. For example, if there are 4 classes, the file looks like:
+-+-+-+--------------------+
|1|1|1| |
|v|v|v| SVs from class 1 |
|2|3|4| |
+-+-+-+--------------------+
|1|2|2| |
|v|v|v| SVs from class 2 |
|2|3|4| |
+-+-+-+--------------------+
|1|2|3| |
|v|v|v| SVs from class 3 |
|3|3|4| |
+-+-+-+--------------------+
|1|2|3| |
|v|v|v| SVs from class 4 |
|4|4|4| |
+-+-+-+--------------------+