X0202 4 2007-09-05 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 2007-09-04 4 S 0 100 57.86 D 137766904 D 32-Common Stock 2007-09-04 4 S 0 2000 57.87 D 137764904 D 33-Common Stock 2007-09-04 4 S 0 200 57.88 D 137764704 D 34-Common Stock 2007-09-04 4 S 0 600 57.89 D 137764104 D 35-Common Stock 2007-09-04 4 S 0 300 57.90 D 137763804 D 36-Common Stock 2007-09-04 4 S 0 800 57.92 D 137763004 D 37-Common Stock 2007-09-04 4 S 0 300 57.93 D 137762704 D 38-Common Stock 2007-09-04 4 S 0 2300 57.94 D 137760404 D 39-Common Stock 2007-09-04 4 S 0 1300 57.95 D 137759104 D 40-Common Stock 2007-09-04 4 S 0 2200 57.96 D 137756904 D 41-Common Stock 2007-09-04 4 S 0 3000 57.97 D 137753904 D 42-Common Stock 2007-09-04 4 S 0 4200 57.98 D 137749704 D 43-Common Stock 2007-09-04 4 S 0 7442 57.99 D 137742262 D 44-Common Stock 2007-09-04 4 S 0 13858 58.00 D 137728404 D 45-Common Stock 2007-09-04 4 S 0 11700 58.01 D 137716704 D 46-Common Stock 2007-09-04 4 S 0 10700 58.02 D 137706004 D 47-Common Stock 2007-09-04 4 S 0 6791 58.03 D 137699213 D 48-Common Stock 2007-09-04 4 S 0 4800 58.04 D 137694413 D 49-Common Stock 2007-09-04 4 S 0 4600 58.05 D 137689813 D 50-Common Stock 2007-09-04 4 S 0 6209 58.06 D 137683604 D 51-Common Stock 2007-09-04 4 S 0 5000 58.07 D 137678604 D 52-Common Stock 2007-09-04 4 S 0 7900 58.08 D 137670704 D 53-Common Stock 2007-09-04 4 S 0 3500 58.09 D 137667204 D 54-Common Stock 2007-09-04 4 S 0 1900 58.10 D 137665304 D 55-Common Stock 2007-09-04 4 S 0 5200 58.11 D 137660104 D 56-Common Stock 2007-09-04 4 S 0 3400 58.12 D 137656704 D 57-Common Stock 2007-09-04 4 S 0 11300 58.13 D 137645404 D 58-Common Stock 2007-09-04 4 S 0 500 58.14 D 137644904 D 59-Common Stock 2007-09-04 4 S 0 1875 58.15 D 137643029 D 60-Common Stock 2007-09-04 4 S 0 3425 58.16 D 137639604 D This is the second of three Forms 4 filed by the Reporting Person on same date, September 6, 2007, representing transactions #31 through #60 of 65 total transactions. by:/s/Diane M. Stenson, Treasurer on behalf of Lilly Endowment, Inc. 2007-09-06