ELI LILLY & Co — Director's Dealing 2006

Jun 8, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2006-06-07

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-07	61-Common Stock	S	600	$51.18	Disposed	143886604	Direct
2006-06-07	62-Common Stock	S	1200	$51.17	Disposed	143885404	Direct
2006-06-07	63-Common Stock	S	1000	$51.16	Disposed	143884404	Direct
2006-06-07	64-Common Stock	S	300	$51.15	Disposed	143884104	Direct
2006-06-07	65-Common Stock	S	300	$51.14	Disposed	143883804	Direct
2006-06-07	66-Common Stock	S	1200	$51.13	Disposed	143882604	Direct
2006-06-07	67-Common Stock	S	600	$51.12	Disposed	143882004	Direct
2006-06-07	68-Common Stock	S	600	$51.10	Disposed	143881404	Direct
2006-06-07	69-Common Stock	S	600	$51.08	Disposed	143880804	Direct