ELI LILLY & Co — Director's Dealing 2008

Jan 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2008-01-25

Reporting Person: Connelly Deirdre P (President, Lilly USA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-25	Common Stock	A	26276	$50.74	Acquired	60113	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2118	Indirect