ELI LILLY & Co — Director's Dealing 2005

Aug 30, 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)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-29	1-Common Stock	S	500	$54.15	Disposed	148015304	Direct
2005-08-29	2-Common Stock	S	1100	$54.12	Disposed	148014204	Direct
2005-08-29	3-Common Stock	S	700	$54.11	Disposed	148013504	Direct
2005-08-29	4-Common Stock	S	5400	$54.10	Disposed	148008104	Direct
2005-08-29	5-Common Stock	S	500	$54.09	Disposed	148007604	Direct
2005-08-29	6-Common Stock	S	6400	$54.08	Disposed	148001204	Direct
2005-08-29	7-Common Stock	S	100	$54.05	Disposed	148001104	Direct
2005-08-29	8-Common Stock	S	3300	$54.04	Disposed	147997804	Direct
2005-08-29	9-Common Stock	S	1100	$54.03	Disposed	147996704	Direct
2005-08-29	10-Common Stock	S	3000	$54.02	Disposed	147993704	Direct
2005-08-29	11-Common Stock	S	4000	$54.01	Disposed	147989704	Direct
2005-08-29	12-Common Stock	S	800	$54.00	Disposed	147988904	Direct
2005-08-29	13-Common Stock	S	600	$53.98	Disposed	147988304	Direct
2005-08-29	14-Common Stock	S	1200	$53.97	Disposed	147987104	Direct
2005-08-29	15-Common Stock	S	1600	$53.96	Disposed	147985504	Direct
2005-08-29	16-Common Stock	S	2100	$53.95	Disposed	147983404	Direct
2005-08-29	17-Common Stock	S	1300	$53.94	Disposed	147982104	Direct
2005-08-29	18-Common Stock	S	3300	$53.93	Disposed	147978804	Direct
2005-08-29	19-Common Stock	S	2800	$53.92	Disposed	147976004	Direct
2005-08-29	20-Common Stock	S	700	$53.91	Disposed	147975304	Direct
2005-08-29	21-Common Stock	S	1400	$53.90	Disposed	147973904	Direct
2005-08-29	22-Common Stock	S	1500	$53.89	Disposed	147972404	Direct
2005-08-29	23-Common Stock	S	3500	$53.88	Disposed	147968904	Direct
2005-08-29	24-Common Stock	S	1900	$53.87	Disposed	147967004	Direct
2005-08-29	25-Common Stock	S	500	$53.86	Disposed	147966504	Direct
2005-08-29	26-Common Stock	S	2000	$53.85	Disposed	147964504	Direct
2005-08-29	27-Common Stock	S	700	$53.84	Disposed	147963804	Direct
2005-08-29	28-Common Stock	S	1800	$53.83	Disposed	147962004	Direct
2005-08-29	29-Common Stock	S	800	$53.82	Disposed	147961204	Direct
2005-08-29	30-Common Stock	S	200	$53.81	Disposed	147961004	Direct