ELI LILLY & Co — Director's Dealing 2007

Feb 12, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2006-12-31

Reporting Person: Canute Scott A (President, Mfg. Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-13	Common Stock	G	1293	$0.00	Disposed	18078	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11680	Direct
Common Stock	5935	Indirect

Footnotes

F1: Revocable Trust of which reporting person and his wife are trustee.