SOURCE CAPITAL /DE/ — Director's Dealing 2007

Feb 2, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: SOURCE CAPITAL INC /DE/ (SOR)
CIK: 0000091847
Period of Report: 2006-12-31

Reporting Person: Setzler Edwin Lake III (Asst. Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-31	Common Stock	L	100	$66.40	Acquired	100	Direct
2006-12-18	Common Stock	J	2.5309	$68.75	Acquired	102.5309	Direct

Footnotes

F1: Shares acquired through dividend reinvestment.