BALL Corp — Director's Dealing 2008

May 28, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2008-05-23

Reporting Person: Williams Leroy James Jr (VP Information & Tech Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-23	Common Stock	M	1000	$43.69	Acquired	3522	Direct
2008-05-23	Common Stock	D	825	$52.99	Disposed	2697	Direct
2008-05-23	Common Stock	F	55	$52.99	Disposed	2642	Direct
2008-05-23	Common Stock	M	1250	$49.32	Acquired	3892	Direct
2008-05-23	Common Stock	D	1164	$52.99	Disposed	2728	Direct
2008-05-23	Common Stock	F	27	$52.99	Disposed	2701	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-23	Stock Appreciation Rights (SARS)	$43.69	M	1000	Disposed	2016-04-27	Common Stock (1000)	Direct
2008-05-23	Stock Appreciation Rights (SARS)	$49.32	M	1250	Disposed	2017-04-25	Common Stock (1250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	403	Indirect

Footnotes

F1: Exercise of Stock Appreciation Rights (SARS).

F2: Rights vest in four annual installments beginning one year after date of grant.