ELI LILLY & Co — Director's Dealing 2005

Apr 20, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2005-04-19

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-19	1-Common Stock	S	100	$59.66	Disposed	151180704	Direct
2005-04-19	2-Common Stock	S	1300	$59.65	Disposed	151179404	Direct
2005-04-19	3-Common Stock	S	1100	$59.64	Disposed	151178304	Direct
2005-04-19	4-Common Stock	S	100	$59.62	Disposed	151178204	Direct
2005-04-19	5-Common Stock	S	300	$59.61	Disposed	151177904	Direct
2005-04-19	6-Common Stock	S	1900	$59.60	Disposed	151176004	Direct
2005-04-19	7-Common Stock	S	300	$59.59	Disposed	151175704	Direct
2005-04-19	8-Common Stock	S	1000	$59.58	Disposed	151174704	Direct
2005-04-19	9-Common Stock	S	700	$59.57	Disposed	151174004	Direct
2005-04-19	10-Common Stock	S	300	$59.56	Disposed	151173704	Direct
2005-04-19	11-Common Stock	S	700	$59.55	Disposed	151173004	Direct
2005-04-19	12-Common Stock	S	700	$59.54	Disposed	151172304	Direct
2005-04-19	13-Common Stock	S	4300	$59.52	Disposed	151168004	Direct
2005-04-19	14-Common Stock	S	2600	$59.51	Disposed	151165404	Direct
2005-04-19	15-Common Stock	S	1500	$59.50	Disposed	151163904	Direct
2005-04-19	16-Common Stock	S	1800	$59.49	Disposed	151162104	Direct
2005-04-19	17-Common Stock	S	6600	$59.48	Disposed	151155504	Direct
2005-04-19	18-Common Stock	S	4600	$59.47	Disposed	151150904	Direct
2005-04-19	19-Common Stock	S	2800	$59.46	Disposed	151148104	Direct
2005-04-19	20-Common Stock	S	14300	$59.45	Disposed	151133804	Direct
2005-04-19	21-Common Stock	S	5500	$59.44	Disposed	151128304	Direct
2005-04-19	22-Common Stock	S	9600	$59.43	Disposed	151118704	Direct
2005-04-19	23-Common Stock	S	4100	$59.42	Disposed	151114604	Direct
2005-04-19	24-Common Stock	S	2100	$59.41	Disposed	151112504	Direct
2005-04-19	25-Common Stock	S	9700	$59.40	Disposed	151102804	Direct
2005-04-19	26-Common Stock	S	4800	$59.39	Disposed	151098004	Direct
2005-04-19	27-Common Stock	S	8000	$59.38	Disposed	151090004	Direct
2005-04-19	28-Common Stock	S	2300	$59.37	Disposed	151087704	Direct
2005-04-19	29-Common Stock	S	2400	$59.36	Disposed	151085304	Direct
2005-04-19	30-Common Stock	S	7000	$59.35	Disposed	151078304	Direct