ELI LILLY & Co — Director's Dealing 2007

Jan 19, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2007-01-17

Reporting Person: ARMITAGE ROBERT A (Sr. VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-17	Common Stock	A	24030	$52.86	Acquired	52672	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1065	Indirect