ELI LILLY & Co — Director's Dealing 2011

Feb 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2011-02-09

Reporting Person: Deane Frank M (President, Mfg. Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-09	Common Stock	S	23435	$35.75	Disposed	27124	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2062	Indirect