SELECTIVE INSURANCE GROUP INC — Director's Dealing 2004

Mar 5, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: MCCLELLAN S GRIFFIN III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-03	Common Stock	M	3000	$18.3125	Acquired	24144	Direct
2004-03-03	Common Stock	M	3000	$15.234	Acquired	27144	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-03	Stock Option	$15.234	M	3000	Disposed	2010-03-01	Common Stock (3000)	Direct
2004-03-03	Stock Option	$18.3125	M	3000	Disposed	2006-03-01	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2000	Indirect