BALL Corp — Director's Dealing 2007

Dec 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2007-12-03

Reporting Person: Pauley Lisa Ann (VP Administration & Compliance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-03	Common Stock	J	25799	$45.76	Disposed	40838	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11385	Direct
Common Stock	259	Indirect

Footnotes

F1: Reporting person's spouse entered into a prepaid variable forward contract (Contract) on 12/6/04 with a broker/dealer (Buyer) for disposition of up to 27,000 shares of Ball Corporation Common Stock (Ball Shares). Contract obligates Spouse to deliver to Buyer on 12/3/07 (Settlement Date) a certain number of Ball Shares. The Contract matured on 12/3/07 and was settled in accordance with its terms through delivery of 25,799 Ball Shares to the Buyer.

F2: The reporting person expressly disclaims beneficial ownership of the securities owned by Spouse.