SOURCE CAPITAL /DE/ — Director's Dealing 2008

Feb 1, 2008

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: SOURCE CAPITAL INC /DE/ (SOR)
CIK: 0000091847
Period of Report: 2007-12-31

Reporting Person: ALTMAN WILLARD H JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-15	Common Stock	J	10.0	$65.97	Acquired	670.503	Direct
2007-06-15	Common Stock	J	9.9	$68.05	Acquired	680.403	Direct
2007-09-15	Common Stock	J	10.3	$65.52	Acquired	690.703	Direct
2007-12-15	Common Stock	J	11.1	$62.20	Acquired	701.803	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Preferred Stock	3000	Direct

Footnotes

F1: Shares acquired through dividend reinvestment.