Lilly Declares First-Quarter 2011 Dividend

PR Newswire — December 13, 2010

INDIANAPOLIS, Dec. 13, 2010 /PRNewswire-FirstCall/ — The board of directors of
Eli Lilly and Company (NYSE: LLY) today declared a dividend for the first
quarter of 2011 of $0.49 a share on outstanding common stock.

The dividend is payable March 10, 2011 to shareholders of record at the close of
business on February 15, 2011.

Lilly, a leading innovation-driven corporation, is developing a growing
portfolio of pharmaceutical products by applying the latest research from its
own worldwide laboratories and from collaborations with eminent scientific
organizations. Headquartered in Indianapolis, Ind., Lilly provides answers -
through medicines and information – for some of the world’s most urgent medical
needs. Additional information about Lilly is available at www.lilly.com. F-LLY

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SOURCE Eli Lilly and Company