BALL Corp — Director's Dealing 2008

Dec 17, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2008-12-16

Reporting Person: WESTERLUND DAVID A (EXEC VP, ADMIN & CORP SEC)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-12-16	Deferred Compensation Company Stock Plan	$	I	8691.6108	Disposed		Common Stock (8691.6108)	Direct

Footnotes

F1: Each unit may be settled for a single share of stock or the equivalent amount of cash pursuant to the Ball Corporation Deferred Compensation Company Stock Plan.

F2: 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.

F3: Due to a migration to a new SEC filing platform, after September 15, 2008, the Form 4 filings made by Ball Corporation's reporting persons will show up to four decimal places with respect to the acquisition and ownership of securities by the reporting person.

F4: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.