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: 2005-08-08

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-08	31-Common Stock	S	2900	$53.02	Disposed	149550004	Direct
2005-08-08	32-Common Stock	S	2800	$53.01	Disposed	149547204	Direct
2005-08-08	33-Common Stock	S	3700	$53.00	Disposed	149543504	Direct
2005-08-08	34-Common Stock	S	2200	$52.99	Disposed	149541304	Direct
2005-08-08	35-Common Stock	S	2800	$52.98	Disposed	149538504	Direct
2005-08-08	36-Common Stock	S	1000	$52.97	Disposed	149537504	Direct
2005-08-08	37-Common Stock	S	500	$52.96	Disposed	149537004	Direct
2005-08-08	38-Common Stock	S	1400	$52.95	Disposed	149535604	Direct
2005-08-08	39-Common Stock	S	1000	$52.94	Disposed	149534604	Direct
2005-08-08	40-Common Stock	S	2900	$52.93	Disposed	149531704	Direct
2005-08-08	41-Common Stock	S	1700	$52.92	Disposed	149530004	Direct
2005-08-08	42-Common Stock	S	900	$52.90	Disposed	149529104	Direct
2005-08-08	43-Common Stock	S	1700	$52.89	Disposed	149527404	Direct
2005-08-08	44-Common Stock	S	600	$52.88	Disposed	149526804	Direct
2005-08-08	45-Common Stock	S	500	$52.87	Disposed	149526304	Direct
2005-08-08	46-Common Stock	S	500	$52.86	Disposed	149525804	Direct