ELI LILLY & Co - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2007-04-24

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-24	31-Common Stock	S	2700	$59.22	Disposed	140054337	Direct
2007-04-24	32-Common Stock	S	5200	$59.23	Disposed	140049137	Direct
2007-04-24	33-Common Stock	S	4733	$59.24	Disposed	140044404	Direct
2007-04-24	34-Common Stock	S	5400	$59.25	Disposed	140039004	Direct
2007-04-24	35-Common Stock	S	5500	$59.26	Disposed	140033504	Direct
2007-04-24	36-Common Stock	S	1600	$59.27	Disposed	140031904	Direct
2007-04-24	37-Common Stock	S	3500	$59.28	Disposed	140028404	Direct
2007-04-24	38-Common Stock	S	4500	$59.29	Disposed	140023904	Direct
2007-04-24	39-Common Stock	S	3100	$59.30	Disposed	140020804	Direct
2007-04-24	40-Common Stock	S	3300	$59.31	Disposed	140017504	Direct
2007-04-24	41-Common Stock	S	6300	$59.32	Disposed	140011204	Direct
2007-04-24	42-Common Stock	S	3100	$59.33	Disposed	140008104	Direct
2007-04-24	43-Common Stock	S	5000	$59.34	Disposed	140003104	Direct
2007-04-24	44-Common Stock	S	3280	$59.35	Disposed	139999824	Direct
2007-04-24	45-Common Stock	S	3820	$59.36	Disposed	139996004	Direct
2007-04-24	46-Common Stock	S	500	$59.37	Disposed	139995504	Direct
2007-04-24	47-Common Stock	S	200	$59.38	Disposed	139995304	Direct
2007-04-24	48-Common Stock	S	500	$59.39	Disposed	139994804	Direct
2007-04-24	49-Common Stock	S	1200	$59.41	Disposed	139993604	Direct
2007-04-24	50-Common Stock	S	1000	$59.42	Disposed	139992604	Direct
2007-04-24	51-Common Stock	S	500	$59.43	Disposed	139992104	Direct
2007-04-24	52-Common Stock	S	300	$59.45	Disposed	139991804	Direct
2007-04-24	53-Common Stock	S	200	$59.46	Disposed	139991604	Direct
2007-04-24	54-Common Stock	S	800	$59.47	Disposed	139990804	Direct