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: 2005-08-02

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-02	31-Common Stock	S	8500	$55.96	Disposed	149714104	Direct
2005-08-02	32-Common Stock	S	9700	$55.95	Disposed	149704404	Direct
2005-08-02	33-Common Stock	S	8000	$55.94	Disposed	149696404	Direct
2005-08-02	34-Common Stock	S	4600	$55.93	Disposed	149691804	Direct
2005-08-02	35-Common Stock	S	6600	$55.92	Disposed	149685204	Direct
2005-08-02	36-Common Stock	S	2600	$55.91	Disposed	149682604	Direct
2005-08-02	37-Common Stock	S	6100	$55.90	Disposed	149676504	Direct
2005-08-02	38-Common Stock	S	3300	$55.89	Disposed	149673204	Direct
2005-08-02	39-Common Stock	S	9100	$55.88	Disposed	149664104	Direct
2005-08-02	40-Common Stock	S	9700	$55.87	Disposed	149654404	Direct
2005-08-02	41-Common Stock	S	7000	$55.86	Disposed	149647404	Direct
2005-08-02	42-Common Stock	S	5800	$55.85	Disposed	149641604	Direct
2005-08-02	43-Common Stock	S	2200	$55.84	Disposed	149639404	Direct
2005-08-02	44-Common Stock	S	2500	$55.83	Disposed	149636904	Direct
2005-08-02	45-Common Stock	S	1500	$55.82	Disposed	149635404	Direct
2005-08-02	46-Common Stock	S	1100	$55.81	Disposed	149634304	Direct
2005-08-02	47-Common Stock	S	4300	$55.80	Disposed	149630004	Direct
2005-08-02	48-Common Stock	S	1400	$55.79	Disposed	149628604	Direct
2005-08-02	49-Common Stock	S	500	$55.77	Disposed	149628104	Direct
2005-08-02	50-Common Stock	S	900	$55.76	Disposed	149627204	Direct
2005-08-02	51-Common Stock	S	1400	$55.75	Disposed	149625804	Direct