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Ring of lightning flashes

(Magic Item Compendium, page 125)

Price (Item Level): 11,500 gp (13th)
Body Slot: Ring
Caster Level: 5th
Aura: Faint; (DC 17) evocation
Activation: Swift (mental)
Weight:

This ring is crafted from interwoven bands of copper and electrum.

When you activate a ring of lightning flashes, it emits a powerful blast of lightning that deals 5d6 points of electricity damage (Reflex DC 13 half) to all creatures within 5 feet (other than yourself). Any creature that is in physical contact with you at the time (grappling, engulfing, swallowing, or the like) receives no saving throw against the blast.
This ability functions three times per day.

Prerequisites: Forge Ring, lightning bolt.
Cost to Create: 5,500 gp (plus 500 gp for base item), 440 XP, 11 days.