ELI LILLY & Co - Director's Dealing 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2005-08-29

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-29	61-Common Stock	S	900	$53.38	Disposed	147933404	Direct
2005-08-29	62-Common Stock	S	4200	$53.37	Disposed	147929204	Direct
2005-08-29	63-Common Stock	S	3100	$53.36	Disposed	147926104	Direct
2005-08-29	64-Common Stock	S	2800	$53.35	Disposed	147923304	Direct
2005-08-29	65-Common Stock	S	6800	$53.34	Disposed	147916504	Direct
2005-08-29	66-Common Stock	S	5900	$53.33	Disposed	147910604	Direct
2005-08-29	67-Common Stock	S	2300	$53.32	Disposed	147908304	Direct
2005-08-29	68-Common Stock	S	4500	$53.31	Disposed	147903804	Direct
2005-08-29	69-Common Stock	S	4400	$53.30	Disposed	147899404	Direct
2005-08-29	70-Common Stock	S	4000	$53.29	Disposed	147895404	Direct
2005-08-29	71-Common Stock	S	5400	$53.28	Disposed	147890004	Direct
2005-08-29	72-Common Stock	S	6000	$53.27	Disposed	147884004	Direct
2005-08-29	73-Common Stock	S	7300	$53.26	Disposed	147876704	Direct
2005-08-29	74-Common Stock	S	900	$53.25	Disposed	147875804	Direct