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Lilly Announces Dividend Increase

Tuesday, December 16, 2008 General News
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INDIANAPOLIS, Dec. 15 The board of directors ofEli Lilly and Company (NYSE: LLY) today announced a 4.3 percent increase inits quarterly dividend. The board declared a dividend for the first quarterof 2009 of $0.49 per share on outstanding common stock. This raises theannual indicated rate to $1.96 per share and represents the 42nd consecutiveyear in which the company has increased the dividend payment.
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The dividend is payable March 10, 2009, to shareholders of record at theclose of business on February 13, 2009.

Lilly, a leading innovation-driven corporation, is developing a growingportfolio of first-in-class and best-in-class pharmaceutical products byapplying the latest research from its own worldwide laboratories and fromcollaborations with eminent scientific organizations. Headquartered inIndianapolis, Ind., Lilly provides answers - through medicines and information- for some of the world's most urgent medical needs. Additional informationabout Lilly is available at www.lilly.com. F-LLY

(Logo: http://www.newscom.com/cgi-bin/prnh/20031219/LLYLOGO )

SOURCE Eli Lilly and Company
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