X0201 42003-09-100 0000059478 LILLY ELI & CO LLY 0000316011 LILLY ENDOWMENT INC 2801 NORTH MERIDIAN STREET INDIANAPOLIS IN 46208-0068 00101-Common Stock2003-09-104S0160062.3D154729204D2-Common Stock2003-09-104S0100062.29D154728204D3-Common Stock2003-09-104S0260062.28D154725604D4-Common Stock2003-09-104S0320062.27D154722404D5-Common Stock2003-09-104S080062.26D154721604D6-Common Stock2003-09-104S080062.25D154720804D7-Common Stock2003-09-104S0580062.24D154715004D8-Common Stock2003-09-104S080062.23D154714204D9-Common Stock2003-09-104S0130062.22D154712904D10-Common Stock2003-09-104S0610062.21D154706804D11-Common Stock2003-09-104S0610062.2D154700704D12-Common Stock2003-09-104S0420062.19D154696504D13-Common Stock2003-09-104S0520062.18D154691304D14-Common Stock2003-09-104S0550062.17D154685804D15-Common Stock2003-09-104S0660062.16D154679204D16-Common Stock2003-09-104S0840062.15D154670804D17-Common Stock2003-09-104S0950062.14D154661304D18-Common Stock2003-09-104S0490062.13D154656404D19-Common Stock2003-09-104S080062.12D154655604D20-Common Stock2003-09-104S0890062.11D154646704D21-Common Stock2003-09-104S0410062.1D154642604D22-Common Stock2003-09-104S0260062.09D154640004D23-Common Stock2003-09-104S01120062.08D154628804D24-Common Stock2003-09-104S0360062.07D154625204D25-Common Stock2003-09-104S0340062.06D154621804D26-Common Stock2003-09-104S0160062.05D154620204D27-Common Stock2003-09-104S0620062.04D154614004D28-Common Stock2003-09-104S0920062.03D154604804D29-Common Stock2003-09-104S0360062.02D154601204D30-Common Stock2003-09-104S0160062.01D154599604DThis is the first of two Forms 4 filed by the Reporting Person on same date, September 11, 2003, representing transactions #1 through #30 of 43 total transactions.by:/s/David D. Biber, Secretary and Treasurer on behalf of Lilly Endowment, Inc.2003-09-11