X0202 4 2004-04-29 0 0000059478 LILLY ELI & CO LLY 0000316011 LILLY ENDOWMENT INC 2801 NORTH MERIDIAN STREET INDIANAPOLIS IN 46208-0068 0 0 1 0 1-Common Stock 2004-04-29 4 S 0 600.0000 74.4600 D 153345204.0000 D 2-Common Stock 2004-04-29 4 S 0 600.0000 74.4300 D 153344604.0000 D 3-Common Stock 2004-04-29 4 S 0 1900.0000 74.4000 D 153342704.0000 D 4-Common Stock 2004-04-29 4 S 0 1200.0000 74.3800 D 153341504.0000 D 5-Common Stock 2004-04-29 4 S 0 200.0000 74.3700 D 153341304.0000 D 6-Common Stock 2004-04-29 4 S 0 900.0000 74.3600 D 153340404.0000 D 7-Common Stock 2004-04-29 4 S 0 1200.0000 74.3500 D 153339204.0000 D 8-Common Stock 2004-04-29 4 S 0 1200.0000 74.3300 D 153338004.0000 D 9-Common Stock 2004-04-29 4 S 0 2100.0000 74.3100 D 153335904.0000 D 10-Common Stock 2004-04-29 4 S 0 2400.0000 74.2800 D 153333504.0000 D 11-Common Stock 2004-04-29 4 S 0 1200.0000 74.2500 D 153332304.0000 D 12-Common Stock 2004-04-29 4 S 0 900.0000 74.2200 D 153331404.0000 D 13-Common Stock 2004-04-29 4 S 0 100.0000 74.1500 D 153331304.0000 D 14-Common Stock 2004-04-29 4 S 0 2800.0000 74.1200 D 153328504.0000 D 15-Common Stock 2004-04-29 4 S 0 1400.0000 74.1100 D 153327104.0000 D 16-Common Stock 2004-04-29 4 S 0 600.0000 74.1000 D 153326504.0000 D 17-Common Stock 2004-04-29 4 S 0 1700.0000 74.0800 D 153324804.0000 D 18-Common Stock 2004-04-29 4 S 0 1800.0000 74.0700 D 153323004.0000 D 19-Common Stock 2004-04-29 4 S 0 1700.0000 74.0400 D 153321304.0000 D 20-Common Stock 2004-04-29 4 S 0 1200.0000 74.0300 D 153320104.0000 D 21-Common Stock 2004-04-29 4 S 0 1300.0000 74.0200 D 153318804.0000 D 22-Common Stock 2004-04-29 4 S 0 1200.0000 74.0100 D 153317604.0000 D 23-Common Stock 2004-04-29 4 S 0 2200.0000 73.9700 D 153315404.0000 D 24-Common Stock 2004-04-29 4 S 0 1000.0000 73.9600 D 153314404.0000 D 25-Common Stock 2004-04-29 4 S 0 400.0000 73.9500 D 153314004.0000 D 26-Common Stock 2004-04-29 4 S 0 1200.0000 73.9200 D 153312804.0000 D 27-Common Stock 2004-04-29 4 S 0 600.0000 73.9000 D 153312204.0000 D 28-Common Stock 2004-04-29 4 S 0 1900.0000 73.8100 D 153310304.0000 D 29-Common Stock 2004-04-29 4 S 0 800.0000 73.8000 D 153309504.0000 D 30-Common Stock 2004-04-29 4 S 0 1100.0000 73.7800 D 153308404.0000 D This is the first of three Forms 4 filed by the Reporting Person on same date, April 30, 2004, representing transactions #1 through #30 of 72 total transactions. by:/s/David D. Biber, Secretary and Treasurer on behalf of Lilly Endowment, Inc. 2004-04-30