X0202 4 2007-09-24 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 2007-09-24 4 J 0 30383 D 268236 I by trust Common Stock 400915 D Common Stock 3016 I 401(k) plan Prepaid Variable Forward Contract 2007-09-24 4 J 0 35000 D 2007-09-24 2007-09-24 Common Stock 35000 0 I by trust On 9/24/04, the Suzanne A. Hoover Revocable Trust of 1/30/97 (Trust) finalized a prepaid variable forward contract (Contract) with a broker dealer (Buyer) relating to the disposition by the Trust of between 29,166 and 35,000 shares of Ball Corporation Common Stock (Ball Shares). The Contract obligated the Trust to deliver to the Buyer on 9/24/07 (Settlement Date), a number of Ball Shares equal to $1,652,835 (30,383 Ball shares @ $54.40 each). In exchange, the Trust originally received 86.295% of $1,255,692. The Contract provided, based on the price of Ball Shares on Settlement Date, that the Trust could receive 120% of the $35.8769 per share (Floor Price) up to a maximum of $43.05 per share (Ceiling Price). This transaction was disclosed on a Form 4 filing with the SEC on 9/24/04. The Contract matured on 9/24/07 and was settled in accordance with its terms through delivery by the Trust of 30,383 Ball Shares to the Buyer. The reporting person expressly disclaims beneficial ownership of the securities in the Suzanne A. Hoover Trust. 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, participant's contributions and employer matching contributions. By: Robert W. McClelland, AssocGenCounsel For: R. David Hoover 2007-09-26