BALL Corp — Director's Dealing 2008

May 8, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2008-05-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-07	Common Stock	M	2500	$8.2657	Acquired	153345	Direct
2008-05-07	Common Stock	S	2500	$54.26	Disposed	150845	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-07	Employee Stock Option (right to buy)	$8.2657	M	2500	Disposed	2010-04-25	Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2312	Indirect
Common Stock	25078	Indirect

Footnotes

F1: The reporting person expressly disclaims beneficial ownership of the spouse's securities.

F2: Shares exercisable beginning one year after grant in 25% increments.