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: ATWOOD J RICHARD (Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-15	Common Stock	J	49.9053	$63.3175	Acquired	209.7880	Direct
2007-06-15	Common Stock	J	46.2571	$69.3900	Acquired	256.0451	Direct
2007-09-17	Common Stock	J	50.4717	$64.5123	Acquired	306.5168	Direct
2007-12-17	Common Stock	J	53.8226	$61.4335	Acquired	360.3394	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Preferred Stock	5000	Direct

Footnotes

F1: Shares acquired through the Company's dividend reinvestment plan.