BALL Corp — Director's Dealing 2007

May 1, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2007-04-25

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11504	Direct
Common Stock	161	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Deferred Compensation Company Stock Plan	$		Restricted Stock Units (8131)		Direct
Employee Stock Option (right to buy)	$23.745	2012-04-24	Common Stock (4753)		Direct
Employee Stock Option (right to buy)	$28.155	2013-04-23	Common Stock (2500)		Direct
Employee Stock Option (right to buy)	$34.11	2014-04-29	Common Stock (2000)		Direct
Employee Stock Option (right to buy)	$39.74	2015-04-28	Common Stock (2125)		Direct
Restricted Stock Units	$		Restricted Stock Units (1500)		Direct
Stock Appreciation Rights (SARS)	$43.69	2016-04-27	Common Stock (2750)		Direct
Stock Option (ISO) (right to buy)	$28.155	2013-04-23	Common Stock (2500)		Direct
Stock Option (ISO) (right to buy)	$34.11	2014-04-29	Common Stock (2000)		Direct
Stock Option (ISO) (right to buy)	$39.74	2015-04-28	Common Stock (2125)		Direct
Stock Option (ISO) (right to buy)	$43.69	2016-04-27	Common Stock (2750)		Direct

Footnotes

F1: Contribution and company match of restricted stock units in Ball Corporation Deferred Compensation Company Stock Plan

F2: Restricted stock units awarded in the 2005 Stock and Cash Incentive Plan.