RLI CORP — Director's Dealing 2005

Sep 21, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RLI CORP (RLI)
CIK: 0000084246
Period of Report: 2005-09-20

Reporting Person: SUTKOWSKI EDWARD F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-09-20	Common Stock	A	157	$47.67	Acquired	73648.46	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	48066.1462	Direct
Common Stock	66338.6103	Indirect
Common Stock	3271.0711	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$22.75	2012-02-01	Common Stock (600)	600	Direct
Stock Option	$27.51	2013-02-03	Common Stock (1200)	1200	Direct
Stock Option	$40.39	2014-02-02	Common Stock (3600)	3600	Direct

Footnotes

F2: Issued pursuant to the Omnibus Stock Plan Outside Directors Fee Award Agreement

F1: Ownership reflects dividend reinvestment.

F5: Ownership reflects dividend reinvestment.

F4: Ownership reflects dividend reinvestment.

F3: Ownership reflects dividend reinvestment.