BALL Corp — Director's Dealing 2005

Mar 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2005-03-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-04	Common Stock	M	7500	$8.75	Acquired	196220	Direct
2005-03-04	Common Stock	S	7500	$45.76	Disposed	188720	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-04	Employee Stock Option (right to buy)	$8.75	M	7500	Disposed	2008-09-23	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3422	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.