This invention relates to a liquid crystal display panel adapted to minimize movement of a spacer, and a fabricating method thereof. A liquid crystal display panel according to an embodiment of the invention includes a black matrix formed on a first substrate and formed in a boundary between pixel areas for dividing the pixel areas; red, green, and blue color filters formed at the divided pixel areas; at least two holes adjacent to each other on the black matrix; at least one dam dividing the adjacent holes; and a spacer restricted within at least one of the at least two holes.