-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 LRQE/kYGbMb745NCsuFEAHNrv3oA9e1NlgAROOZjIXjCkl8sFcxQsm27An62Zsf9
 GwsghvM6F/7RpF36SN3dxA==

<SEC-DOCUMENT>0000940397-05-000118.txt : 20050518
<SEC-HEADER>0000940397-05-000118.hdr.sgml : 20050518
<ACCEPTANCE-DATETIME>20050518112020
ACCESSION NUMBER:		0000940397-05-000118
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050516
FILED AS OF DATE:		20050518
DATE AS OF CHANGE:		20050518

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REPUBLIC BANCORP INC /KY/
		CENTRAL INDEX KEY:			0000921557
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				610862051
		STATE OF INCORPORATION:			KY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		REPUBLIC CORPORATE CENTER
		STREET 2:		601 WEST MARKET ST
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40202
		BUSINESS PHONE:		5025843600

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GILMAN SHELDON G
		CENTRAL INDEX KEY:			0001078586

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24649
		FILM NUMBER:		05840568

	BUSINESS ADDRESS:	
		STREET 1:		462 SOUTH FOURTH AVENUE SUITE 500
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40202
		BUSINESS PHONE:		5025608628
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>gilman051805_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-05-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000921557</issuerCik>
        <issuerName>REPUBLIC BANCORP INC /KY/</issuerName>
        <issuerTradingSymbol>RBCAA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001078586</rptOwnerCik>
            <rptOwnerName>GILMAN SHELDON G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>500 WEST JEFFERSON ST, 21ST FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LOUISVILLE</rptOwnerCity>
            <rptOwnerState>KY</rptOwnerState>
            <rptOwnerZipCode>40202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-05-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>738</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>22.60</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>11762</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>35654</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By wife</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On March 18, 2004, the Issuer declared a stock dividend, payable to all holders of record of Class A and Class B
common stock on March 30, 2004, of .05 shares of Class A and Class B common stock, respectively, for each
share of Class A and Class B common stock outstanding.</footnote>
        <footnote id="F2">On January 21, 2005, the Issuer declared a stock dividend, payable to all holders of record of Class A and Class B
common stock on March 25, 2005, of .05 shares of Class A and Class B common stock, respectively, for each
share of Class A and Class B common stock outstanding.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Sheldon Gilman</signatureName>
        <signatureDate>2005-05-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----