ELI LILLY & Co — Director's Dealing 2005

Aug 12, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2005-08-11

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-11	1-Common Stock	S	1600	$53.85	Disposed	149154204	Direct
2005-08-11	2-Common Stock	S	1300	$53.75	Disposed	149152904	Direct
2005-08-11	3-Common Stock	S	700	$53.74	Disposed	149152204	Direct
2005-08-11	4-Common Stock	S	3600	$53.73	Disposed	149148604	Direct
2005-08-11	5-Common Stock	S	4700	$53.72	Disposed	149143904	Direct
2005-08-11	6-Common Stock	S	3300	$53.71	Disposed	149140604	Direct
2005-08-11	7-Common Stock	S	4600	$53.70	Disposed	149136004	Direct
2005-08-11	8-Common Stock	S	3600	$53.69	Disposed	149132404	Direct
2005-08-11	9-Common Stock	S	7200	$53.68	Disposed	149125204	Direct
2005-08-11	10-Common Stock	S	3700	$53.67	Disposed	149121504	Direct
2005-08-11	11-Common Stock	S	8500	$53.66	Disposed	149113004	Direct
2005-08-11	12-Common Stock	S	14700	$53.65	Disposed	149098304	Direct
2005-08-11	13-Common Stock	S	24800	$53.64	Disposed	149073504	Direct
2005-08-11	14-Common Stock	S	16400	$53.63	Disposed	149057104	Direct
2005-08-11	15-Common Stock	S	15000	$53.62	Disposed	149042104	Direct
2005-08-11	16-Common Stock	S	13500	$53.61	Disposed	149028604	Direct
2005-08-11	17-Common Stock	S	12700	$53.60	Disposed	149015904	Direct
2005-08-11	18-Common Stock	S	11300	$53.59	Disposed	149004604	Direct
2005-08-11	19-Common Stock	S	8700	$53.58	Disposed	148995904	Direct
2005-08-11	20-Common Stock	S	6800	$53.57	Disposed	148989104	Direct
2005-08-11	21-Common Stock	S	11100	$53.56	Disposed	148978004	Direct
2005-08-11	22-Common Stock	S	7500	$53.55	Disposed	148970504	Direct
2005-08-11	23-Common Stock	S	4600	$53.54	Disposed	148965904	Direct
2005-08-11	24-Common Stock	S	4300	$53.53	Disposed	148961604	Direct
2005-08-11	25-Common Stock	S	4200	$53.52	Disposed	148957404	Direct
2005-08-11	26-Common Stock	S	1600	$53.51	Disposed	148955804	Direct