SELECTIVE INSURANCE GROUP INC — Director's Dealing 2004

Mar 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SELECTIVE INSURANCE GROUP INC (SIGI)
CIK: 0000230557
Period of Report: 2004-03-04

Reporting Person: MURPHY GREGORY E (Director, Chairman, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-04	Commno Stock	M	4469	$22.375	Acquired	171697.0694	Direct
2004-03-04	Common Stock	M	4303	$23.235	Acquired	176000.0694	Direct
2004-03-04	Common Stock	F	5133	$38.96	Disposed	170876.0694	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-04	Stock Option	$22.375	M	4469	Disposed	2011-02-06	Common Stock (4469)	Direct
2004-03-04	Stock Option	$23.235	M	4303	Disposed	2013-02-04	Common Stock (4303)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1393.2188	Indirect
Common Stock	916.866	Indirect
Common Stock	3222.672	Indirect