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SELECTIVE INSURANCE GROUP INC Director's Dealing 2004

Nov 15, 2004

31055_dirs_2004-11-15_7b0bbf3f-e500-4a71-9344-c86565a05533.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: OCHILTREE JAMIE III (Executive Vice President - Ins)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-11-11 Common Stock G 490 Disposed 65301.173 Direct
2004-11-11 Common Stock M 11169 $18.3125 Acquired 76470.173 Direct
2004-11-11 Common Stock F 2595 $42.06 Disposed 73875.173 Direct
2004-11-11 Common Stock S 5000 $41.82 Disposed 68875.173 Direct
2004-11-11 Common Stock S 8000 $41.9 Disposed 60875.173 Direct
2004-11-11 Common Stock S 2000 $41.95 Disposed 58875.173 Direct
2004-11-11 Common Stock S 2000 $42 Disposed 56875.173 Direct
2004-11-11 Common Stock S 1868 $42.01 Disposed 55007.173 Direct
2004-11-11 Common Stock M 13828 $17.625 Acquired 68835.173 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2004-11-11 Stock Option $17.625 M 13828 Disposed 2006-10-29 Common Stock (13828) Direct
2004-11-11 Stock Option $18.3125 M 11169 Disposed 2005-10-31 Common Stock (11169) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 30433.939 Indirect

Footnotes

F1: Balance Includes 603.835 shares acquired through Selective's Employee Stock Purchase Savings Plan a transaction exempt under Rule 16b-3.

The transactions in tables I and II were made as part of the reporting person's charitable donations and for estate and tax planning purposes.