Lilly Declares Fourth-Quarter 2011 Dividend

INDIANAPOLIS, Oct. 17, 2011 /PRNewswire/ — The board of directors of Eli Lilly
and Company (NYSE: LLY) today declared a dividend for the fourth quarter of 2011
of $0.49 a share on outstanding common stock. This is the same dividend as was
paid in the first three quarters of 2011 and brings the total annual dividend
for 2011 to $1.96 per share.

The dividend is payable December 9, 2011 to shareholders of record at the close
of business on November 15, 2011.

About Eli Lilly and Company

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

(Logo: http://photos.prnewswire.com/prnh/20031219/LLYLOGO )

SOURCE Eli Lilly and Company