A portable terminal, a hearing aid, and a method of indicating the position of a sound source in the portable terminal are provided. The method includes receiving sound signals of a plurality of sound sources, determining respective distances between the plurality of sound sources and the portable terminal, and respective directions of the plurality of sound sources from the portable terminal, based on the received sound signals of the plurality of sound sources, determining positions of the plurality of sound sources on the touch screen based on the determined distances and directions of the plurality of sound sources, and displaying the determined positions of the plurality of sound sources on the touch screen.