BALL Corp — Director's Dealing 2008

May 15, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2008-05-14

Reporting Person: BAKER CHARLES E (VP,GEN COUNSEL & ASST CORP SEC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-14	Common Stock	M	2000	$23.745	Acquired	35682	Direct
2008-05-14	Common Stock	S	2000	$55.473	Disposed	33682	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-14	Stock Option (right to buy)	$23.745	M	2000	Disposed	2012-04-23	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	240	Indirect
Common Stock	200	Indirect
Common Stock	320	Indirect

Footnotes

F1: Shares exercisable beginning one year after grant in 25% increments.