ELI LILLY & Co — Director's Dealing 2006

Jun 27, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2006-06-23

Reporting Person: ARMITAGE ROBERT A (Sr. VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-23	Common Stock	F	1533	$54.30	Disposed	28642	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1053	Indirect