SELECTIVE INSURANCE GROUP INC — Director's Dealing 2004

Nov 23, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SELECTIVE INSURANCE GROUP INC (SIGI)
CIK: 0000230557
Period of Report: 2004-11-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-22	Common Stock	M	3000	$18.3125	Acquired	39937.902	Direct
2004-11-22	Common Stock	F	1294	$42.465	Disposed	38643.902	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-22	Stock Option	$18.3125	M	3000	Disposed	2005-10-31	Common Stock (3000)	Direct

Footnotes

F1: Includes 49.799 shares acquired through Selective Insurance Group, Inc.'s Dividend Reinvestment Plan.

The reporting person exercised an option expiring within the next twelve months. As a result of the exercise of stock options, the reporting person had a net gain of 4.6% of total stock ownership.