ELI LILLY & Co — Director's Dealing 2005

Jul 29, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2005-07-28

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-28	61-Common Stock	S	1200	$55.03	Disposed	149958104	Direct
2005-07-28	62-Common Stock	S	1300	$55.02	Disposed	149956804	Direct
2005-07-28	63-Common Stock	S	700	$55.00	Disposed	149956104	Direct
2005-07-28	64-Common Stock	S	300	$54.99	Disposed	149955804	Direct