ELI LILLY & Co — Director's Dealing 2005

Aug 10, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2005-08-09

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-09	31-Common Stock	S	4400	$53.70	Disposed	149442404	Direct
2005-08-09	32-Common Stock	S	3400	$53.69	Disposed	149439004	Direct
2005-08-09	33-Common Stock	S	3100	$53.68	Disposed	149435904	Direct
2005-08-09	34-Common Stock	S	700	$53.67	Disposed	149435204	Direct
2005-08-09	35-Common Stock	S	600	$53.66	Disposed	149434604	Direct
2005-08-09	36-Common Stock	S	2400	$53.65	Disposed	149432204	Direct
2005-08-09	37-Common Stock	S	4100	$53.64	Disposed	149428104	Direct
2005-08-09	38-Common Stock	S	8100	$53.63	Disposed	149420004	Direct
2005-08-09	39-Common Stock	S	5800	$53.62	Disposed	149414204	Direct
2005-08-09	40-Common Stock	S	7900	$53.61	Disposed	149406304	Direct
2005-08-09	41-Common Stock	S	8600	$53.60	Disposed	149397704	Direct
2005-08-09	42-Common Stock	S	1200	$53.59	Disposed	149396504	Direct
2005-08-09	43-Common Stock	S	4900	$53.58	Disposed	149391604	Direct
2005-08-09	44-Common Stock	S	3200	$53.57	Disposed	149388404	Direct
2005-08-09	45-Common Stock	S	3100	$53.56	Disposed	149385304	Direct
2005-08-09	46-Common Stock	S	5300	$53.55	Disposed	149380004	Direct
2005-08-09	47-Common Stock	S	7200	$53.54	Disposed	149372804	Direct
2005-08-09	48-Common Stock	S	2800	$53.53	Disposed	149370004	Direct
2005-08-09	49-Common Stock	S	1500	$53.52	Disposed	149368504	Direct
2005-08-09	50-Common Stock	S	1900	$53.51	Disposed	149366604	Direct
2005-08-09	51-Common Stock	S	1900	$53.50	Disposed	149364704	Direct
2005-08-09	52-Common Stock	S	600	$53.49	Disposed	149364104	Direct
2005-08-09	53-Common Stock	S	400	$53.46	Disposed	149363704	Direct
2005-08-09	54-Common Stock	S	1800	$53.45	Disposed	149361904	Direct
2005-08-09	55-Common Stock	S	100	$53.44	Disposed	149361804	Direct
2005-08-09	56-Common Stock	S	900	$53.41	Disposed	149360904	Direct
2005-08-09	57-Common Stock	S	300	$53.40	Disposed	149360604	Direct
2005-08-09	58-Common Stock	S	600	$53.37	Disposed	149360004	Direct
2005-08-09	59-Common Stock	S	1700	$53.35	Disposed	149358304	Direct
2005-08-09	60-Common Stock	S	1500	$53.33	Disposed	149356804	Direct