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	1-Common Stock	S	200	$54.40	Disposed	149355604	Direct
2005-08-10	2-Common Stock	S	200	$54.39	Disposed	149355404	Direct
2005-08-10	3-Common Stock	S	1000	$54.38	Disposed	149354404	Direct
2005-08-10	4-Common Stock	S	3600	$54.37	Disposed	149350804	Direct
2005-08-10	5-Common Stock	S	5000	$54.36	Disposed	149345804	Direct
2005-08-10	6-Common Stock	S	3600	$54.35	Disposed	149342204	Direct
2005-08-10	7-Common Stock	S	3300	$54.34	Disposed	149338904	Direct
2005-08-10	8-Common Stock	S	1200	$54.33	Disposed	149337704	Direct
2005-08-10	9-Common Stock	S	6300	$54.32	Disposed	149331404	Direct
2005-08-10	10-Common Stock	S	3100	$54.31	Disposed	149328304	Direct
2005-08-10	11-Common Stock	S	2200	$54.30	Disposed	149326104	Direct
2005-08-10	12-Common Stock	S	2900	$54.29	Disposed	149323204	Direct
2005-08-10	13-Common Stock	S	5600	$54.28	Disposed	149317604	Direct
2005-08-10	14-Common Stock	S	3300	$54.27	Disposed	149314304	Direct
2005-08-10	15-Common Stock	S	2300	$54.26	Disposed	149312004	Direct
2005-08-10	16-Common Stock	S	200	$54.25	Disposed	149311804	Direct
2005-08-10	17-Common Stock	S	2500	$54.24	Disposed	149309304	Direct
2005-08-10	18-Common Stock	S	3400	$54.23	Disposed	149305904	Direct
2005-08-10	19-Common Stock	S	1600	$54.22	Disposed	149304304	Direct
2005-08-10	20-Common Stock	S	700	$54.21	Disposed	149303604	Direct
2005-08-10	21-Common Stock	S	4000	$54.20	Disposed	149299604	Direct
2005-08-10	22-Common Stock	S	3300	$54.19	Disposed	149296304	Direct
2005-08-10	23-Common Stock	S	2900	$54.18	Disposed	149293404	Direct
2005-08-10	24-Common Stock	S	2400	$54.17	Disposed	149291004	Direct
2005-08-10	25-Common Stock	S	100	$54.16	Disposed	149290904	Direct
2005-08-10	26-Common Stock	S	1700	$54.15	Disposed	149289204	Direct
2005-08-10	27-Common Stock	S	3800	$54.14	Disposed	149285404	Direct
2005-08-10	28-Common Stock	S	7500	$54.13	Disposed	149277904	Direct
2005-08-10	29-Common Stock	S	600	$54.12	Disposed	149277304	Direct
2005-08-10	30-Common Stock	S	3400	$54.11	Disposed	149273904	Direct