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Lilly Reports Solid Second-Quarter Results
Date:7/24/2008

hydrochloride, Lilly)

Humalog(R) (insulin lispro injection of recombinant DNA origin, Lilly)

Humulin(R) (human insulin of recombinant DNA origin, Lilly)

Strattera(R) (atomoxetine hydrochloride, Lilly)

Symbyax(R) (olanzapine fluoxetine combination, or OFC, Lilly)

Xigris(R) (drotrecogin alfa (activated), Lilly)

Yentreve(R) (duloxetine hydrochloride, Lilly)

Zyprexa(R) (olanzapine, Lilly)

AIR(R) is a trademark of Alkermes, Inc.

Eli Lilly and Company Employment Information

June 30, 2008 December 31, 2007

------------- -----------------

Worldwide Employees 40,100 40,600

Eli Lilly and Company

Operating Results (Unaudited) - REPORTED

(Dollars in millions, except per share data)

Three Months Ended Six Months Ended

June 30 June 30

2008 2007 % Chg. 2008 2007 % Chg.

----------------------- -----------------------

Net sales $5,150.4 $4,631.0 11% $9,958.0 $8,857.1 12%

Cost of sales 1,200.9 998.9 20% 2,312.2 1,921.4 20%

Research and

development 951.5 854.4 11% 1,828.6 1,688.6 8%

Marketing, selling

and administrative 1,700.1 1,524.7 12% 3,250.6 2,861.5 14%

Acquired in-process

research and

development 35.0 328.1 NM 122.0 656.6 NM

Asset impairments,

restructuring and

other special

charges 88.9 - NM 234.6 123.0 NM

------- ------- ------- -------

Operating income 1,174.0 924.9 NM 2,210.0
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SOURCE Eli Lilly and Company
Copyright©2008 PR Newswire.
All rights reserved

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