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: 2007-04-20

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-20	31-Common Stock	S	4600	$60.39	Disposed	140171358	Direct
2007-04-20	32-Common Stock	S	6054	$60.40	Disposed	140165304	Direct
2007-04-20	33-Common Stock	S	3800	$60.41	Disposed	140161504	Direct
2007-04-20	34-Common Stock	S	5800	$60.42	Disposed	140155704	Direct
2007-04-20	35-Common Stock	S	5700	$60.43	Disposed	140150004	Direct
2007-04-20	36-Common Stock	S	2000	$60.44	Disposed	140148004	Direct
2007-04-20	37-Common Stock	S	5300	$60.45	Disposed	140142704	Direct
2007-04-20	38-Common Stock	S	3300	$60.46	Disposed	140139404	Direct
2007-04-20	39-Common Stock	S	5100	$60.47	Disposed	140134304	Direct
2007-04-20	40-Common Stock	S	6400	$60.48	Disposed	140127904	Direct
2007-04-20	41-Common Stock	S	5900	$60.49	Disposed	140122004	Direct
2007-04-20	42-Common Stock	S	6400	$60.50	Disposed	140115604	Direct
2007-04-20	43-Common Stock	S	1900	$60.51	Disposed	140113704	Direct
2007-04-20	44-Common Stock	S	2600	$60.52	Disposed	140111104	Direct
2007-04-20	45-Common Stock	S	2400	$60.53	Disposed	140108704	Direct
2007-04-20	46-Common Stock	S	1600	$60.54	Disposed	140107104	Direct
2007-04-20	47-Common Stock	S	400	$60.55	Disposed	140106704	Direct
2007-04-20	48-Common Stock	S	5800	$60.56	Disposed	140100904	Direct
2007-04-20	49-Common Stock	S	100	$61.00	Disposed	140100804	Direct