ELI LILLY & Co — Director's Dealing 2005

Aug 11, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2005-08-10

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-10	31-Common Stock	S	4700	$54.10	Disposed	149269204	Direct
2005-08-10	32-Common Stock	S	4800	$54.09	Disposed	149264404	Direct
2005-08-10	33-Common Stock	S	2200	$54.08	Disposed	149262204	Direct
2005-08-10	34-Common Stock	S	6500	$54.07	Disposed	149255704	Direct
2005-08-10	35-Common Stock	S	3400	$54.06	Disposed	149252304	Direct
2005-08-10	36-Common Stock	S	1200	$54.05	Disposed	149251104	Direct
2005-08-10	37-Common Stock	S	1300	$54.04	Disposed	149249804	Direct
2005-08-10	38-Common Stock	S	3000	$54.03	Disposed	149246804	Direct
2005-08-10	39-Common Stock	S	7900	$54.02	Disposed	149238904	Direct
2005-08-10	40-Common Stock	S	2400	$54.01	Disposed	149236504	Direct
2005-08-10	41-Common Stock	S	5100	$54.00	Disposed	149231404	Direct
2005-08-10	42-Common Stock	S	3600	$53.99	Disposed	149227804	Direct
2005-08-10	43-Common Stock	S	5100	$53.98	Disposed	149222704	Direct
2005-08-10	44-Common Stock	S	5500	$53.97	Disposed	149217204	Direct
2005-08-10	45-Common Stock	S	5400	$53.96	Disposed	149211804	Direct
2005-08-10	46-Common Stock	S	8500	$53.95	Disposed	149203304	Direct
2005-08-10	47-Common Stock	S	1600	$53.94	Disposed	149201704	Direct
2005-08-10	48-Common Stock	S	400	$53.93	Disposed	149201304	Direct
2005-08-10	49-Common Stock	S	3900	$53.92	Disposed	149197404	Direct
2005-08-10	50-Common Stock	S	4900	$53.90	Disposed	149192504	Direct
2005-08-10	51-Common Stock	S	1000	$53.87	Disposed	149191504	Direct
2005-08-10	52-Common Stock	S	700	$53.86	Disposed	149190804	Direct
2005-08-10	53-Common Stock	S	800	$53.85	Disposed	149190004	Direct
2005-08-10	54-Common Stock	S	6700	$53.84	Disposed	149183304	Direct
2005-08-10	55-Common Stock	S	3700	$53.83	Disposed	149179604	Direct
2005-08-10	56-Common Stock	S	5800	$53.82	Disposed	149173804	Direct
2005-08-10	57-Common Stock	S	4700	$53.81	Disposed	149169104	Direct
2005-08-10	58-Common Stock	S	3300	$53.80	Disposed	149165804	Direct
2005-08-10	59-Common Stock	S	1000	$53.79	Disposed	149164804	Direct
2005-08-10	60-Common Stock	S	1600	$53.78	Disposed	149163204	Direct