The arch of an ancient stone arch bridge consists of blocky stone blocks. For the purpose of estimation of load carrying capacity of a stone bridge, the mechanically frail discontinuities between stone blocks should be taken account of. Since the current way of analysis regards the stone arch as a continuous member, the characteristic of discontinuties is not considered. In this paper, an ancient stone arch bridge is analyzed and load carrying capacity is estimated by Finite Element Method with the discontinuties between blocks being modelled as interface elements. From the result of the study, it is shown that the load carrying capacity of a stone arch bridge is dependent of friction angle and shear stiffness between arch blocks rather than compressive strength of arch block itself and the stone arch bridge of granite is more influenced by shear stiffness than friction angle. The load carrying capacity of HONG bridge of HEUNG GUK temple analyzed in this paper is estimated as that of a third grade bridge.