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BALL Corp Director's Dealing 2009

Jan 2, 2009

30458_dirs_2009-01-02_a01adf52-3ad5-4731-bb8f-af3bce12080b.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: 2008-12-31

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-12-31 Restricted Stock Units $ J 1500 Disposed Common Stock (1500) Indirect
2008-12-31 Deferred Compensation Company Stock Plan $ J 1500 Acquired Common Stock (1500) Indirect

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.

F2: Lapse of restricted stock units.

F3: The reporting person expressly disclaims beneficial ownership of the securities owned by Spouse.

F4: 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.

F5: Lapsed restricted stock and company match deferred into Ball Corporation's Deferred Compensation Company Stock Plan as stock units.

F6: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.