Lilly Declares Third-Quarter 2011 Dividend

INDIANAPOLIS, June 20, 2011 /PRNewswire/ — The board of directors of Eli Lilly
and Company (NYSE: LLY) today declared a dividend for the third quarter of 2011
of $0.49 a share on outstanding common stock.

The dividend is payable September 9, 2011 to shareholders of record at the close
of business on August 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

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

SOURCE Eli Lilly and Company