A shutter device of a camera includes an upper plate and a bottom plate. An oscillator, which is provided between the upper plate and the lower plate, includes a rotator having a spindle, and the spindle pivots its opposite ends on pivot portions of the upper plate and the lower plate respectively. A driving arm is provided to the spindle to swing two shutter blades for exposing or shading an aperture of an aperture plate. One of the shutter blade is fixed to the driving arm that the spindle is no longer to be a rotation center of the second shutter blade, so that a working space, in which the aperture plate, the shutter blades are received, is elevated to the same level as the pivot portion of the lower plate to reduce a thickness of the shutter device.