ELI LILLY & Co — Director's Dealing 2006

Mar 9, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2006-03-08

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-08	91-Common Stock	S	700	$56.51	Disposed	147446604	Direct
2006-03-08	92-Common Stock	S	800	$56.49	Disposed	147445804	Direct