ELI LILLY & Co — Director's Dealing 2011

Jan 31, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2010-12-31

Reporting Person: Carmine Bryce D. (EVP and Pres, Lilly Bio-Meds)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-22	Common Stock	G	330	$0.00	Disposed	75410	Direct
2010-04-28	Common Stock	G	175	$0.00	Disposed	75235	Direct
2010-05-03	Common Stock	G	145	$0.00	Disposed	75090	Direct
2010-06-21	Common Stock	G	1160	$0.00	Disposed	73930	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6082	Indirect