ELI LILLY & Co — Director's Dealing 2011

Jan 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LILLY ELI & CO (LLY)
CIK: 0000059478
Period of Report: 2011-01-25

Reporting Person: Tapiero Jacques (SVP&Pres., Emerging Markets)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-25	Common Stock	A	16670	$34.73	Acquired	28026	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14328	Indirect
Common Stock	2123	Indirect

Footnotes

F1: Reporting person disclaims beneficial ownership of these shares.