ELI LILLY & Co — Director's Dealing 2006

Jul 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2006-07-14

Reporting Person: TALLARIGO LORENZO (President, Internat'l Opers.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-14	Common Stock	F	1543	$54.88	Disposed	66127	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1514	Indirect