X0202 4 2006-09-22 0 0000009389 BALL CORP BLL 0001186033 HOOVER R DAVID BALL CORPORATION 10 LONGS PEAK DR. BROOMFIELD CO 80021-2510 1 1 0 0 CHAIRMAN, PRESIDENT & CEO Common Stock 2007-03-15 4 J 0 790 45.52 A 480120 D Common Stock 2006-09-22 4 J 0 69288 D 250236 I by trust Common Stock 2919 I 401(k) plan Dividend reinvestment in Ball Corporation Deferred Compensation Company Stock Plan. On 9-23-03, the Suzanne A. Hoover Revocable Trust of 1-30-97 as amended and restated 7-11-03 finalized a prepaid variable forward contract (Contract) with a broker dealer (Buyer) relating to its disposition of between 33,333 and 40,000 shares of Ball Common Stock (Ball Shares). The Contract obligated the Trust to deliver to the Buyer on 9-22-06 (Settlement Date), a number of Ball Shares equal to $2,161,600 (40,000 Ball Shares @ 54.04 each). In exchange, the Trust received 83.99% of $2,161,600. The Contract provided, based on the price of Ball Shares on Settlement Date, that the Trust could receive 120% of the 54.04 per share (Floor Price) up to a maximum of 64.848 per share (Ceiling Price). This transaction was disclosed on a Form 4 filing with the SEC on 9-23-03 (pre-split). The Contract matured on 9-22-06 and was settled in accordance with its terms through delivery by the Trust of 69,299 Ball Shares (post-split) to the Buyer. The reporting person expressly disclaims beneficial ownership of these securities. Total number of Common Shares directly owned includes shares acquired through participation in the Ball Corporation Employee Stock Purchase Plan. Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment and employer matching contributions. By: Charles E. Baker,VP,GenCoun&AsstCorpSec For: David R. Hoover 2007-03-16