8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 21, 2007

First Financial Corporation
(Exact name of registrant as specified in its charter)

Indiana	000-16759	35-1546989
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

P. O. Box 540 , Terre Haute, Indiana	47808
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: 812-238-6264

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On November 21, 2007, First Financial Corporation issued a press release to report the declaration of the semi-annual dividend of $.44 per share payable January 2, 2008 to shareholders of record on December 14, 2007. The release is furnished as Exhibit 99.1 hereto.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits.

Exhibit 99.1 Press Release, dated November 21, 2007 issued by First Financial Corporation. This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

First Financial Corporation

Dated: November 20, 2007

(s) Norman L. Lowery
Norman L. Lowery
Vice Chairman and Chief
Executive Officer

Dated: November 20, 2007

(s) Michael A. Carty
Michael A. Carty
Secretary/Treasurer and Chief Financial
Officer

EXHIBIT INDEX

Exhibit No. Description

99.1 Press Release, dated November 21, 2007 issued by First Financial Corporation. This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE	For more information contact:
November 21, 2007	Michael A. Carty at (812) 238-6000

First Financial Corporation Declares Semi-Annual Dividend

TERRE HAUTE, INDIANA – The directors of First Financial Corporation (NASDAQ: THFF) have declared a semi-annual dividend of 44 cents per share payable on January 2, 2008, to shareholders of record at the close of business on December 14, 2007. Today’s declaration represents an increase of 2.3% over the same period last year and brings the total dividend declared for 2007 to 87 cents per share, a 2.4% increase from 2006.

Donald E. Smith, Chairman, noted that the Corporation’s performance has made it possible to increase dividends to shareholders for 19 consecutive years.

““The companies that are part of the First Financial Corporation family all have deep roots in the Wabash Valley particularly First Financial Bank, which was founded in 1834,” he said. “Through the enormous changes of the past 173 years, we have achieved success by staying true to our vision: to put the needs of our customers and their communities first in everything we do.”

First Financial Corporation is the holding company for First Financial Bank N.A., with 48 banking centers in western Indiana and eastern Illinois; The Morris Plan Company of Terre Haute; and Forrest Sherer Inc., a full-service insurance agency.