1ST SOURCE CORP — Director's Dealing 2004

Feb 5, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 1ST SOURCE CORP (SRCE)
CIK: 0000034782
Period of Report: 2004-02-03

Reporting Person: QUALEY ALLEN RUSSELL (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-03	Common Stock	M	6410	$8.97	Acquired	66529.00	Direct
2004-02-03	Common Stock	F	2678	$21.48	Disposed	63851.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-03	Stock Option (Right to Buy)1994	$8.97	M	6410	Disposed	2004-10-31	Common Stock (6410.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11663.00	Indirect
Common Stock	18539.00	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)1996	$12.44	2006-07-31	Common Stock (16675.00)	16675.00	Direct
Stock Option (Right to Buy)1997	$16.30	2007-04-17	Common Stock (13340.00)	13340.00	Direct
Stock Option (Right to Buy)1998	$31.13	2008-07-21	Common Stock (60638.00)	60638.00	Direct

Footnotes

F1: One-fifth of the shares will become exercisable on each of the following dates: 4/17/98, 4/17/99, 4/17/2000, 4/17/2001 and 4/17/2002.