Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  RAGER R SCOTT
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2006
3. Issuer Name and Ticker or Trading Symbol
OLD REPUBLIC INTERNATIONAL CORP [ORI]
(Last)
(First)
(Middle)
307 NORTH MICHIGAN AVENUE, SUITE 2300
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SrVP Administration & Planning
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

CHICAGO, IL 60601
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 6,529
I
By ESSOP
Common Stock 7,329
I
By GW 401-K

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1998 Employee Stock Option 03/31/1998 12/31/2007 Common Stock 4,000 (1) $ 10.4 D  
2002 Employee Stock Option 03/31/2002 12/31/2011 Common Stock 15,000 (2) $ 14.37 D  
2004 Employee Stock Option 03/31/2004 12/31/2013 Common Stock 27,500 (3) $ 19.32 D  
2005 Employee Stock Option 12/31/2005 12/31/2014 Common Stock 28,750 (3) $ 18.41 D  
2006 Employee Stock Option 12/31/2006 12/31/2015 Common Stock 47,000 (3) $ 21.48 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RAGER R SCOTT
307 NORTH MICHIGAN AVENUE
SUITE 2300
CHICAGO, IL 60601
      SrVP Administration & Planning  

Signatures

William J. Dasso, Power of Attorney for R. Scott Rager 06/30/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Of these shares, 625 currently are vested and the balance will vest on January 1, 2007.
(2) All of these shares are vested.
(3) These shares vest, effective December 31, 2006 at the rate of 10% the first year, 15% the second year, 20% the third year, 25% the fourth year and 30% the fifth year.

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