"It's a Shame About Ray" is a song by American alternative rock band the Lemonheads from their album of the same name.

Written by frontman Evan Dando and his friend and occasional songwriting partner Tom Morgan, the song was inspired by a headline in an Australian newspaper.

"It's a Shame About Ray" was written by Evan Dando with friend Tom Morgan while in Australia.

[10] A music video for the song was filmed, featuring Johnny Depp in a starring role.

Len Comaratta of Consequence wrote that the song was "among the best releases of the decade (if not beyond),"[12] while Michael Gallucci of Diffuser.fm praised the song as "a ringing '90s power-pop tune laced with Dando's sleepy-stoner delivery and a sprinkling of indie-rock spice.