SELECTIVE INSURANCE GROUP INC — Director's Dealing 2004

Mar 4, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SELECTIVE INSURANCE GROUP INC (SIGI)
CIK: 0000230557
Period of Report: 2004-03-01

Reporting Person: RUE WILLIAM M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-01	Stock Option	$37.15	A	3000	Acquired	2014-03-01	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	177963	Direct
Common Stock	16292.006	Indirect
Common Stock	13225.326	Indirect
Common Stock	13090.249	Indirect
Common Stock	990	Indirect
Common Stock	18434	Indirect

Footnotes

F1: Includes 69.817 shares acquired through Selective Insurance Group Inc.'s Dividend Reinvestment Plan.

F2: Includes 69.103 shares acquired through Selective Insurance Group Inc.'s Dividend Reinvestment Plan