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: 2005-08-17

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-17	61-Common Stock	S	1700	$52.57	Disposed	148628004	Direct
2005-08-17	62-Common Stock	S	200	$52.56	Disposed	148627804	Direct
2005-08-17	63-Common Stock	S	2700	$52.55	Disposed	148625104	Direct
2005-08-17	64-Common Stock	S	1800	$52.54	Disposed	148623304	Direct
2005-08-17	65-Common Stock	S	1300	$52.53	Disposed	148622004	Direct
2005-08-17	66-Common Stock	S	7100	$52.52	Disposed	148614904	Direct
2005-08-17	67-Common Stock	S	1700	$52.51	Disposed	148613204	Direct
2005-08-17	68-Common Stock	S	1200	$52.50	Disposed	148612004	Direct
2005-08-17	69-Common Stock	S	500	$52.49	Disposed	148611504	Direct
2005-08-17	70-Common Stock	S	700	$52.48	Disposed	148610804	Direct
2005-08-17	71-Common Stock	S	300	$52.47	Disposed	148610504	Direct
2005-08-17	72-Common Stock	S	600	$52.46	Disposed	148609904	Direct
2005-08-17	73-Common Stock	S	1200	$52.45	Disposed	148608704	Direct
2005-08-17	74-Common Stock	S	1800	$52.44	Disposed	148606904	Direct
2005-08-17	75-Common Stock	S	700	$52.43	Disposed	148606204	Direct
2005-08-17	76-Common Stock	S	100	$52.42	Disposed	148606104	Direct
2005-08-17	77-Common Stock	S	300	$52.40	Disposed	148605804	Direct