BALL Corp — Director's Dealing 2004

Nov 29, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2004-11-24

Reporting Person: WESTERLUND DAVID A (SR VP, ADMIN & CORP SECRETARY)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-24	Common Stock	M	3496	$8.9844	Acquired	191560	Direct
2004-11-24	Common Stock	S	3496	$43.22	Disposed	188064	Direct
2004-11-24	Common Stock	M	10000	$8.75	Acquired	198064	Direct
2004-11-24	Common Stock	S	10000	$43.188	Disposed	188064	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-24	Employee Stock Option (right to buy)	$8.75	M	10000	Disposed	2008-09-23	Common Stock (10000)	Direct
2004-11-24	Employee Stock Option (right to buy)	$8.9844	M	3496	Disposed	2008-04-21	Common Stock (3496)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3368	Indirect
Common Stock	50000	Indirect

Footnotes

F1: The reporting person expressly disclaims beneficial ownership of these securities.

F2: Shares exercisable beginning one year after grant in 25% increments.