ELI LILLY & Co — Director's Dealing 2005

Apr 26, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2005-04-25

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-25	1-Common Stock	S	1300	$59.09	Disposed	150929504	Direct
2005-04-25	2-Common Stock	S	100	$59.08	Disposed	150929404	Direct
2005-04-25	3-Common Stock	S	900	$59.02	Disposed	150928504	Direct
2005-04-25	4-Common Stock	S	2300	$59.00	Disposed	150926204	Direct
2005-04-25	5-Common Stock	S	100	$58.98	Disposed	150926104	Direct
2005-04-25	6-Common Stock	S	2300	$58.97	Disposed	150923804	Direct
2005-04-25	7-Common Stock	S	400	$58.96	Disposed	150923404	Direct
2005-04-25	8-Common Stock	S	1400	$58.95	Disposed	150922004	Direct
2005-04-25	9-Common Stock	S	700	$58.94	Disposed	150921304	Direct
2005-04-25	10-Common Stock	S	1300	$58.93	Disposed	150920004	Direct
2005-04-25	11-Common Stock	S	2300	$58.92	Disposed	150917704	Direct
2005-04-25	12-Common Stock	S	600	$58.91	Disposed	150917104	Direct
2005-04-25	13-Common Stock	S	2100	$58.90	Disposed	150915004	Direct
2005-04-25	14-Common Stock	S	700	$58.89	Disposed	150914304	Direct
2005-04-25	15-Common Stock	S	3300	$58.88	Disposed	150911004	Direct
2005-04-25	16-Common Stock	S	3200	$58.87	Disposed	150907804	Direct
2005-04-25	17-Common Stock	S	3100	$58.86	Disposed	150904704	Direct
2005-04-25	18-Common Stock	S	3000	$58.85	Disposed	150901704	Direct
2005-04-25	19-Common Stock	S	3200	$58.84	Disposed	150898504	Direct
2005-04-25	20-Common Stock	S	2200	$58.83	Disposed	150896304	Direct
2005-04-25	21-Common Stock	S	2500	$58.82	Disposed	150893804	Direct
2005-04-25	22-Common Stock	S	7600	$58.81	Disposed	150886204	Direct
2005-04-25	23-Common Stock	S	6000	$58.80	Disposed	150880204	Direct
2005-04-25	24-Common Stock	S	8200	$58.79	Disposed	150872004	Direct
2005-04-25	25-Common Stock	S	8600	$58.78	Disposed	150863404	Direct
2005-04-25	26-Common Stock	S	6200	$58.77	Disposed	150857204	Direct
2005-04-25	27-Common Stock	S	4400	$58.76	Disposed	150852804	Direct
2005-04-25	28-Common Stock	S	4800	$58.75	Disposed	150848004	Direct
2005-04-25	29-Common Stock	S	2000	$58.74	Disposed	150846004	Direct
2005-04-25	30-Common Stock	S	2000	$58.73	Disposed	150844004	Direct