X0202 4/A 2004-11-03 2004-11-04 0 0000910110 PENN AMERICA GROUP INC PNG 0001135210 LEAR ROBERT A 420 S YORK RD C/O PENN AMERICA GROUP HATBORO PA 19040 1 0 0 0 Common Stock 2004-11-03 4 S 0 2800 14.85 D 15200 D Common Stock 2004-11-03 4 S 0 200 14.94 D 15000 D Common Stock 2004-11-03 4 S 0 800 14.94 D 14200 D Common Stock 2004-11-03 4 S 0 400 14.93 D 13800 D Common Stock 2004-11-03 4 S 0 3300 14.81 D 10500 D Common Stock 2004-11-03 4 S 0 200 14.82 D 10300 D Common Stock 2004-11-03 4 S 0 300 14.82 D 10000 D Common Stock 2004-11-03 4 S 0 3300 14.81 D 6700 D Common Stock 2004-11-03 4 S 0 600 14.81 D 6100 D Common Stock 2004-11-03 4 S 0 300 14.83 D 5800 D Common Stock 2004-11-03 4 S 0 800 14.85 D 5000 D Common Stock 2004-11-03 4 S 0 200 14.81 D 4800 D Common Stock 2004-11-03 4 S 0 200 14.84 D 4600 D Common Stock 2004-11-03 4 S 0 1400 14.81 D 3200 D Common Stock 2004-11-03 4 S 0 1000 14.83 D 2200 D Common Stock 2004-11-03 4 S 0 300 14.81 D 1900 D Common Stock 2004-11-03 4 S 0 1900 14.8 D 0 D The trades reported on this amended Form 4 were previously reported on a Form 4 filed on November 4, 2004. This amended Form 4 is being filed to provide additional detail regarding the previously reported trades. Robert A. Lear 2004-11-08