ELI LILLY & Co — Director's Dealing 2007

Apr 27, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2007-04-26

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-26	31-Common Stock	S	1792	$59.82	Disposed	139776104	Direct
2007-04-26	32-Common Stock	S	2700	$59.83	Disposed	139773404	Direct
2007-04-26	33-Common Stock	S	4300	$59.84	Disposed	139769104	Direct
2007-04-26	34-Common Stock	S	2500	$59.85	Disposed	139766604	Direct
2007-04-26	35-Common Stock	S	200	$59.86	Disposed	139766404	Direct
2007-04-26	36-Common Stock	S	600	$59.87	Disposed	139765804	Direct