ELI LILLY & Co — Director's Dealing 2009

Feb 4, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2009-02-02

Reporting Person: PAUL STEVEN M (EVP, Science and Technology)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-02	Common Stock	F	15402	$36.82	Disposed	42407	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	553	Indirect
Common Stock	579	Indirect

Footnotes

F1: Reporting person disclaims beneficial ownership of these shares.