X0202 4 2006-05-11 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 2006-05-11 4 S 0 1100 51.45 D 145319704 D 2-Common Stock 2006-05-11 4 S 0 100 51.41 D 145319604 D 3-Common Stock 2006-05-11 4 S 0 2200 51.38 D 145317404 D 4-Common Stock 2006-05-11 4 S 0 100 51.37 D 145317304 D 5-Common Stock 2006-05-11 4 S 0 1100 51.36 D 145316204 D 6-Common Stock 2006-05-11 4 S 0 300 51.31 D 145315904 D 7-Common Stock 2006-05-11 4 S 0 2800 51.30 D 145313104 D 8-Common Stock 2006-05-11 4 S 0 1600 51.29 D 145311504 D 9-Common Stock 2006-05-11 4 S 0 5000 51.28 D 145306504 D 10-Common Stock 2006-05-11 4 S 0 6100 51.27 D 145300404 D 11-Common Stock 2006-05-11 4 S 0 15000 51.26 D 145285404 D 12-Common Stock 2006-05-11 4 S 0 17600 51.25 D 145267804 D 13-Common Stock 2006-05-11 4 S 0 11800 51.24 D 145256004 D 14-Common Stock 2006-05-11 4 S 0 13400 51.23 D 145242604 D 15-Common Stock 2006-05-11 4 S 0 7200 51.22 D 145235404 D 16-Common Stock 2006-05-11 4 S 0 7100 51.21 D 145228304 D 17-Common Stock 2006-05-11 4 S 0 7900 51.20 D 145220404 D 18-Common Stock 2006-05-11 4 S 0 8800 51.19 D 145211604 D 19-Common Stock 2006-05-11 4 S 0 4900 51.18 D 145206704 D 20-Common Stock 2006-05-11 4 S 0 5900 51.17 D 145200804 D 21-Common Stock 2006-05-11 4 S 0 1700 51.16 D 145199104 D 22-Common Stock 2006-05-11 4 S 0 6000 51.15 D 145193104 D 23-Common Stock 2006-05-11 4 S 0 1000 51.14 D 145192104 D 24-Common Stock 2006-05-11 4 S 0 7400 51.12 D 145184704 D 25-Common Stock 2006-05-11 4 S 0 1000 51.11 D 145183704 D 26-Common Stock 2006-05-11 4 S 0 1300 51.10 D 145182404 D 27-Common Stock 2006-05-11 4 S 0 6300 51.09 D 145176104 D 28-Common Stock 2006-05-11 4 S 0 5300 51.08 D 145170804 D by:/s/ David D. Biber, Secretary and Treasurer on behalf of Lilly Endowment, Inc. 2006-05-12