BALL Corp — Director's Dealing 2008

Jan 2, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2007-12-31

Reporting Person: FRIEDERY JOHN R (COO, N. American Packaging)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-31	Common Stock	J	3600	$45	Disposed	127438	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-31	Deferred Compensation Company Stock Plan	$	J	3600	Acquired		Stock Units (3600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	224	Indirect

Footnotes

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

F2: 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.

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