X0202 4 2007-04-25 0 0000059478 LILLY ELI & CO LLY 0000316011 LILLY ENDOWMENT INC 2801 NORTH MERIDIAN STREET INDIANAPOLIS IN 46208-0068 0 0 1 0 31-Common Stock 2007-04-25 4 S 0 1500 59.43 D 139899204 D 32-Common Stock 2007-04-25 4 S 0 3097 59.44 D 139896107 D 33-Common Stock 2007-04-25 4 S 0 4303 59.45 D 139891804 D 34-Common Stock 2007-04-25 4 S 0 6100 59.46 D 139885704 D 35-Common Stock 2007-04-25 4 S 0 3500 59.47 D 139882204 D 36-Common Stock 2007-04-25 4 S 0 1300 59.48 D 139880904 D 37-Common Stock 2007-04-25 4 S 0 4900 59.49 D 139876004 D 38-Common Stock 2007-04-25 4 S 0 1400 59.50 D 139874604 D 39-Common Stock 2007-04-25 4 S 0 8800 59.51 D 139865804 D This is the second of two Forms 4 filed by the Reporting Person on same date, April 26, 2007, representing transactions #31 through #39 of 39 total transactions. by:/s/E.G. White, Vice President, Finance on behalf of Lilly Endowment, Inc. 2007-04-26