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SELECTIVE INSURANCE GROUP INC Director's Dealing 2004

Mar 5, 2004

31055_dirs_2004-03-05_2c61f3bd-3ddd-4e4b-8a66-45f609d2050e.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: 2004-03-03

Reporting Person: CONNELL RICHARD F (Executive Vice President & Chi)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-03	Common Stock	M	5000	$17.719	Acquired	34000	Direct
2004-03-03	Common Stock	M	2000	$22.375	Acquired	36000	Direct
2004-03-03	Common Stock	M	5000	$20.75	Acquired	41000	Direct
2004-03-03	Common Stock	M	7000	$23.235	Acquired	48000	Direct
2004-03-03	Common Stock	S	11000	$38.6	Disposed	37000	Direct
2004-03-03	Common Stock	S	3000	$38.63	Disposed	34000	Direct
2004-03-03	Common Stock	S	5000	$38.68	Disposed	29000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-03	Stock Option	$17.719	M	5000	Disposed	2010-08-08	Common Stock (5000)	Direct
2004-03-03	Stock Option	$20.75	M	5000	Disposed	2012-02-05	Common Stock (5000)	Direct
2004-03-03	Stock Option	$22.375	M	2000	Disposed	2011-02-06	Common Stock (2000)	Direct
2004-03-03	Stock Option	$23.235	M	7000	Disposed	2013-02-04	Common Stock (7000)	Direct