BALL Corp — Director's Dealing 2007

Aug 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2007-08-13

Reporting Person: SEABROOK RAYMOND J (EXEC. V.P., & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-13	Common Stock	M	3000	$8.75	Acquired	255402	Direct
2007-08-13	Common Stock	S	3000	$51.279	Disposed	252402	Direct
2007-08-13	Common Stock	M	1864	$28.155	Acquired	254266	Direct
2007-08-13	Common Stock	M	1000	$43.69	Acquired	255266	Direct
2007-08-13	Common Stock	I	9379	$51.24	Disposed	245887	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-13	Employee Stock Option (right to buy)	$8.75	M	3000	Disposed	2008-09-23	Common Stock (3000)	Direct
2007-08-13	Employee Stock Option (right to buy)	$28.155	M	1864	Disposed	2013-04-22	Common Stock (1864)	Direct
2007-08-13	Stock Option (right to buy)	$43.69	M	1000	Disposed	2016-04-26	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	516	Indirect
Common Stock	3270	Indirect
Common Stock	3270	Indirect

Footnotes

F1: Exempt discretionary transaction involving the transfer of units from one Ball Corporation Deferred Compensation Company Stock Plan ("DCCSP") fund to another fund within the DCCSP that are neither valued nor settled in Ball Corporation equity securities.

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