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: 2005-08-01

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-01	31-Common Stock	S	5200	$56.58	Disposed	149812504	Direct
2005-08-01	32-Common Stock	S	5700	$56.57	Disposed	149806804	Direct
2005-08-01	33-Common Stock	S	5600	$56.56	Disposed	149801204	Direct
2005-08-01	34-Common Stock	S	1000	$56.55	Disposed	149800204	Direct
2005-08-01	35-Common Stock	S	8500	$56.54	Disposed	149791704	Direct
2005-08-01	36-Common Stock	S	3400	$56.53	Disposed	149788304	Direct
2005-08-01	37-Common Stock	S	3100	$56.52	Disposed	149785204	Direct
2005-08-01	38-Common Stock	S	4800	$56.51	Disposed	149780404	Direct
2005-08-01	39-Common Stock	S	1300	$56.50	Disposed	149779104	Direct
2005-08-01	40-Common Stock	S	600	$56.42	Disposed	149778504	Direct
2005-08-01	41-Common Stock	S	600	$56.40	Disposed	149777904	Direct
2005-08-01	42-Common Stock	S	300	$56.37	Disposed	149777604	Direct
2005-08-01	43-Common Stock	S	100	$56.36	Disposed	149777504	Direct
2005-08-01	44-Common Stock	S	600	$56.34	Disposed	149776904	Direct
2005-08-01	45-Common Stock	S	1100	$56.33	Disposed	149775804	Direct