MERCURY GENERAL CORP — Director's Dealing 2004

Feb 23, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MERCURY GENERAL CORP (MCY)
CIK: 0000064996
Period of Report: 2004-02-19

Reporting Person: KITZMILLER KENNETH G (Underwriting-Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-19	Common Stock	M	3000	$24.4063	Acquired	23000	Direct
2004-02-19	Common Stock	S	2000	$50.00	Disposed	21000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-19	Common Stock	$24.4063	M	3000	Disposed	2006-02-02	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1449	Indirect

Footnotes

F1: Includes ESOP allocations and dispositions since last report