FIRST CAPITAL INC — Director's Dealing 2004

May 10, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST CAPITAL INC ((FCAP))
CIK: 0001070296
Period of Report: 2004-05-07

Reporting Person: UHL GERALD L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-07	Common Stock	P	400	$24.00	Acquired	900.0000	Indirect
2004-05-07	Common Stock	P	255	$24.00	Acquired	10976.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17734.0000	Direct
Common Stock	2312.0000	Indirect
Common Stock	354.2510	Indirect
Common Stock	184.0000	Indirect
Common Stock	307.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$7.80	2008-07-31	Common Stock (51)	51	Direct
Incentive Stock Option (right to buy)	$11.00	2010-02-14	Common Stock (560)	560	Direct
Incentive Stock Option (right to buy)	$11.00	2010-02-14	Common Stock (300)	300	Indirect

Footnotes

F1: This form reflects increases in beneficial ownership resulting from exempt acquisitions under an ESOP pursuant to Rule 16b-3(c).

F2: Stock Awards granted pursuant to the First Capital, Inc. 1999 Stock-Based Incentive Plan will fully vest on January 12, 2005.

F3: Options are fully vested and exercisable as of July 9, 1998.

F4: Options will become fully vested and exercisable on February 14, 2005.