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BALL Corp Director's Dealing 2008

Jun 3, 2008

30458_dirs_2008-06-02_2a2b45da-1df0-4688-9561-27439aa5530f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2008-05-30

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-05-30 Deferred Compensation Company Stock Plan $ J 404 Acquired Common Stock (404) Direct
2008-05-30 Deferred Compensation Company Stock Plan $ J 900 Acquired Common Stock (900) Indirect
2008-05-30 Restricted Stock Units $ J 375 Disposed Common Stock (375) Direct
2008-05-30 Restricted Stock Units $ J 750 Disposed Common Stock (750) Indirect

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

F3: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.

F4: The reporting person expressly disclaims beneficial ownership of the securities owned by Spouse.

F5: Lapse of restricted stock units.