In this study, the hybrid electrodes, composed of the activated carbon powders and $LiCoO_{2}$ powders, were prepared as a cathode for the high-capacitance type hybrid capacitor, and the electrochemical properties of the hybrid electrodes were examined in terms of the weight composition and the milling time of $LiCoO_{2}$ powders. The specific volumetric capacities were increased with increasing of the composition of $LiCoO_{2}$ powders in the hybrid electrodes. On the other hand the coin cell capacitors, using the hybrid electrodes with $LiCoO_{2}$ poweders milled for 200 h, have exhibited the lower internal resistivities and the better capacity retention after 100 charge-discharge cycle than those of the coin cell capacitors using the hybrid electrodes with raw $LiCoO_{2}$ powders.