Granite cores were sampled within Korea Atomic Energy Research Institute and cyclic loadings up to 1550 cycles were applied. Microcrack development in samples due to cyclic loading was estimated using Acoustic Emission(AE) method. AE showed two different types depending on numbers of cycle. Type 1 appeared at low cycles and had low energy and diverse frequencies, while type 2 appeared at high cycles and had high energy and uniform frequency. AE property of type 1 indicates voids and pre-existing microcracks in samples may close or propagate up to certain length. Microcracks may be sheared or closed during loading and are recovered from shear or opened during unloading when AE of type 2 were measured. P wave velocities and Felicity ratios were measured at 50, 150, 350, 750, 1550 cycles. P wave velocities were almost the same regardless of number of cycles applied. However, Felicity ratios were much lower than 0.9, indicating that microcracks were developed within samples. This result indicates that Felicity ratio is a better tool than P wave velocity to estimate the damage of rock.