FIRST CAPITAL INC — Director's Dealing 2006

Nov 1, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST CAPITAL INC ((FCAP))
CIK: 0001070296
Period of Report: 2006-10-30

Reporting Person: UHL GERALD L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-30	Common Stock	P	20	$18.50	Acquired	19066.0800	Indirect
2006-10-30	Common Stock	P	120	$18.50	Acquired	4470.0830	Indirect
2006-10-31	Common Stock	P	100	$18.50	Acquired	4570.0830	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1807.5347	Direct
Common Stock	12887.0000	Indirect
Common Stock	447.1080	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right-to-buy)	$20.91	2004-06-21	Common Stock (825.0000)	825.0000	Indirect

Footnotes

F1: This form reflects an increase in beneficial ownership due to a 10% dividend issued by First Capital, Inc. on August 8, 2006.

F2: This form reflects an increase in beneficial ownership resulting from dividend reinvestment pursuant to Rule 16a-11.

F3: Due to adminstrative error this form reflects a decrease in beneficial ownership from prior reports.

F4: This option was previously reported as covering 750 shares at an exercise price of $23.00, but was adjusted to reflect the 10% dividend issued on August 8, 2006.

F5: Incentive Stock Option granted pursuant to the First Capital, Inc. 1999 Stock-Based Incentive Plan vest in five annual installments commencing on June 21, 2005.