SELECTIVE INSURANCE GROUP INC — Director's Dealing 2003

Aug 12, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SELECTIVE INSURANCE GROUP INC (SIGI)
CIK: 0000230557
Period of Report: 2003-08-11

Reporting Person: CARTER DEBRA P (SVP & Dir. HR)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-11	Common Stock	M	3000	$15	Acquired	30649.203	Direct
2003-08-11	Common Stock	S	3000	$27.07	Disposed	27649.203	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-11	Stock Option	$15	M	3000	Disposed	2003-11-05	Common Stock (3000)	Direct

Footnotes

F1: Includes .361 shares purchased through Selective's Dividend Reinvestment Plan.