BALL Corp — Director's Dealing 2008

Oct 1, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2008-09-30

Reporting Person: FRIEDERY JOHN R (SR.V.P. BC & PRES. BMBPAM&ASIA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-30	Common Stock	J	10600	$39.49	Disposed	117220.7784	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-30	Deferred Compensation Company Stock Plan	$	J	11106.4573	Acquired		Common Stock (11106.4573)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	371.296	Indirect

Footnotes

F1: Lapsed restricted stock and company match deferred into Ball Corporation's Deferred Compensation Company Stock Plan as stock units.

F2: 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.

F3: Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

F4: 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.

F5: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.