SELECTIVE INSURANCE GROUP INC — Director's Dealing 2003

Dec 3, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SELECTIVE INSURANCE GROUP INC (SIGI)
CIK: 0000230557
Period of Report: 2003-11-25

Reporting Person: MURPHY GREGORY E (Director, Chairman, Chief Executive Offi)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-25	Common Stock	G	800	—	Disposed	147363.4764	Direct
2003-12-01	Common Stock	F	3073	$32.535	Disposed	144290.4764	Direct
2003-12-01	Common Stock	M	4819	$20.75	Acquired	149109.4764	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-01	Stock Option	$20.75	M	4819	Disposed	2012-02-05	Common Stock (4819)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1393.2188	Indirect
Common Stock	916.866	Indirect
Common Stock	3205.659	Indirect

Footnotes

F1: Includes 16.715 shares acquired through Selective's Dividend Reinvestment Plan on September 2, 2003, and 18.5120 shares acquired through Selective's Dividend Reinvestment Plan on June 2, 2003, and 20.1250 shares acquired through Selective's Dividend Reinvestment Plan on March 3, 2003.