ELI LILLY & Co — Director's Dealing 2007

Jul 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2007-07-02

Reporting Person: Azar Alex M II (Sr. VP, Corp. Affairs & Comm.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-02	Common Stock	A	5000	$56.73	Acquired	5000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14	Indirect