BALL Corp — Director's Dealing 2007

Jun 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2007-06-28

Reporting Person: HOOVER R DAVID (Director, CHAIRMAN, PRESIDENT & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-28	Common Stock	M	30000	$11.0625	Acquired	511249	Direct
2007-06-28	Common Stock	F	6279	$52.86	Disposed	504970	Direct
2007-06-28	Common Stock	F	9745	$52.86	Disposed	495225	Direct
2007-06-28	Common Stock	M	8000	$23.745	Acquired	503225	Direct
2007-06-28	Common Stock	F	3593	$52.86	Disposed	499632	Direct
2007-06-28	Common Stock	G	18383	$52.86	Disposed	481249	Direct
2007-06-28	Common Stock	G	18383	$52.86	Acquired	298619	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-28	Employee Stock Option (right to buy)	$11.0625	M	30000	Disposed	2009-09-22	Common Stock (30000)	Direct
2007-06-28	Employee Stock Option (right to buy)	$23.745	M	8000	Disposed	2012-04-23	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2966	Indirect

Footnotes

F1: Gift to The Suzanne A. Hoover Revocable Trust. Reporting Person disclaims any beneficial ownership in this Trust's securities.

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