ELI LILLY & Co — Director's Dealing 2004

Feb 17, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2004-02-02

Reporting Person: MAYR GERHARD N (EVP, Pharmaceutical Operations)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-02	Employee stock option (right to buy)	$68.72	A	60000.00	Acquired	2014-01-31	Common Stock (60000.00)	Direct