ELI LILLY & Co — Director's Dealing 2008

Jul 30, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2008-07-29

Reporting Person: LILLY ENDOWMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-29	91-Common Stock	S	400	$48.64	Disposed	137296504	Direct
2008-07-29	92-Common Stock	S	400	$48.64	Disposed	137296104	Direct
2008-07-29	93-Common Stock	S	300	$48.66	Disposed	137295804	Direct