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: 2007-04-19

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-19	61-Common Stock	S	1100	$60.07	Disposed	140262804	Direct
2007-04-19	62-Common Stock	S	800	$60.08	Disposed	140262004	Direct
2007-04-19	63-Common Stock	S	1500	$60.09	Disposed	140260504	Direct
2007-04-19	64-Common Stock	S	1600	$60.10	Disposed	140258904	Direct
2007-04-19	65-Common Stock	S	700	$60.11	Disposed	140258204	Direct
2007-04-19	66-Common Stock	S	1700	$60.12	Disposed	140256504	Direct
2007-04-19	67-Common Stock	S	500	$60.13	Disposed	140256004	Direct
2007-04-19	68-Common Stock	S	300	$60.14	Disposed	140255704	Direct
2007-04-19	69-Common Stock	S	1200	$60.15	Disposed	140254504	Direct
2007-04-19	70-Common Stock	S	1000	$60.16	Disposed	140253504	Direct
2007-04-19	71-Common Stock	S	300	$60.17	Disposed	140253204	Direct
2007-04-19	72-Common Stock	S	500	$60.18	Disposed	140252704	Direct
2007-04-19	73-Common Stock	S	100	$60.19	Disposed	140252604	Direct
2007-04-19	74-Common Stock	S	800	$60.20	Disposed	140251804	Direct
2007-04-19	75-Common Stock	S	400	$60.21	Disposed	140251404	Direct
2007-04-19	76-Common Stock	S	300	$60.23	Disposed	140251104	Direct
2007-04-19	77-Common Stock	S	200	$60.26	Disposed	140250904	Direct
2007-04-19	78-Common Stock	S	100	$60.27	Disposed	140250804	Direct