ELI LILLY & Co — Director's Dealing 2006

Jun 13, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2006-06-12

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-12	61-Common Stock	S	600	$51.62	Disposed	143763104	Direct
2006-06-12	62-Common Stock	S	1200	$51.61	Disposed	143761904	Direct
2006-06-12	63-Common Stock	S	600	$51.60	Disposed	143761304	Direct
2006-06-12	64-Common Stock	S	1200	$51.59	Disposed	143760104	Direct
2006-06-12	65-Common Stock	S	700	$51.58	Disposed	143759404	Direct
2006-06-12	66-Common Stock	S	3300	$51.57	Disposed	143756104	Direct
2006-06-12	67-Common Stock	S	300	$51.56	Disposed	143755804	Direct