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: SHEEHAN LAWRENCE J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-15	Common Stock	J	63.1737	$63.3175	Acquired	4163.1737	Indirect
2007-06-15	Common Stock	J	58.5556	$69.3900	Acquired	4221.7293	Indirect
2007-09-17	Common Stock	J	63.8905	$64.5123	Acquired	4285.6198	Indirect
2007-12-17	Common Stock	J	68.1324	$61.4335	Acquired	4353.7522	Indirect

Footnotes

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