X0202 4 2006-06-01 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 2006-06-01 4 S 0 1000 52.04 D 144269804 D 2-Common Stock 2006-06-01 4 S 0 1000 52.03 D 144268804 D 3-Common Stock 2006-06-01 4 S 0 5500 52.02 D 144263304 D 4-Common Stock 2006-06-01 4 S 0 7600 51.99 D 144255704 D 5-Common Stock 2006-06-01 4 S 0 600 51.97 D 144255104 D 6-Common Stock 2006-06-01 4 S 0 900 51.96 D 144254204 D 7-Common Stock 2006-06-01 4 S 0 1000 51.95 D 144253204 D 8-Common Stock 2006-06-01 4 S 0 1200 51.92 D 144252004 D 9-Common Stock 2006-06-01 4 S 0 2300 51.91 D 144249704 D 10-Common Stock 2006-06-01 4 S 0 900 51.89 D 144248804 D 11-Common Stock 2006-06-01 4 S 0 1200 51.88 D 144247604 D 12-Common Stock 2006-06-01 4 S 0 2400 51.87 D 144245204 D 13-Common Stock 2006-06-01 4 S 0 2000 51.84 D 144243204 D 14-Common Stock 2006-06-01 4 S 0 1200 51.83 D 144242004 D 15-Common Stock 2006-06-01 4 S 0 3200 51.82 D 144238804 D 16-Common Stock 2006-06-01 4 S 0 1300 51.81 D 144237504 D 17-Common Stock 2006-06-01 4 S 0 3600 51.80 D 144233904 D 18-Common Stock 2006-06-01 4 S 0 2600 51.79 D 144231304 D 19-Common Stock 2006-06-01 4 S 0 600 51.78 D 144230704 D 20-Common Stock 2006-06-01 4 S 0 1500 51.77 D 144229204 D 21-Common Stock 2006-06-01 4 S 0 1200 51.76 D 144228004 D 22-Common Stock 2006-06-01 4 S 0 1300 51.75 D 144226704 D 23-Common Stock 2006-06-01 4 S 0 1500 51.74 D 144225204 D 24-Common Stock 2006-06-01 4 S 0 4500 51.73 D 144220704 D 25-Common Stock 2006-06-01 4 S 0 2500 51.72 D 144218204 D 26-Common Stock 2006-06-01 4 S 0 5200 51.71 D 144213004 D 27-Common Stock 2006-06-01 4 S 0 3500 51.70 D 144209504 D 28-Common Stock 2006-06-01 4 S 0 4400 51.69 D 144205104 D 29-Common Stock 2006-06-01 4 S 0 2700 51.68 D 144202404 D 30-Common Stock 2006-06-01 4 S 0 6500 51.67 D 144195904 D This is the first of two Forms 4 filed by the Reporting Person on same date, June 2, 2006, representing transactions #1 through #30 of 46 total transactions. by:/s/David D. Biber, Secretary and Treasurer on behalf of Lilly Endowment, Inc. 2006-06-02