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: 2005-08-16

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-16	31-Common Stock	S	400	$52.80	Disposed	148751904	Direct
2005-08-16	32-Common Stock	S	600	$52.79	Disposed	148751304	Direct
2005-08-16	33-Common Stock	S	600	$52.78	Disposed	148750704	Direct
2005-08-16	34-Common Stock	S	1800	$52.77	Disposed	148748904	Direct
2005-08-16	35-Common Stock	S	100	$52.76	Disposed	148748804	Direct
2005-08-16	36-Common Stock	S	1100	$52.75	Disposed	148747704	Direct
2005-08-16	37-Common Stock	S	1100	$52.74	Disposed	148746604	Direct
2005-08-16	38-Common Stock	S	5000	$52.73	Disposed	148741604	Direct
2005-08-16	39-Common Stock	S	700	$52.72	Disposed	148740904	Direct
2005-08-16	40-Common Stock	S	2600	$52.71	Disposed	148738304	Direct
2005-08-16	41-Common Stock	S	2000	$52.70	Disposed	148736304	Direct
2005-08-16	42-Common Stock	S	2700	$52.69	Disposed	148733604	Direct
2005-08-16	43-Common Stock	S	1000	$52.68	Disposed	148732604	Direct
2005-08-16	44-Common Stock	S	600	$52.67	Disposed	148732004	Direct
2005-08-16	45-Common Stock	S	100	$52.66	Disposed	148731904	Direct
2005-08-16	46-Common Stock	S	1100	$52.65	Disposed	148730804	Direct