X0202 4 2007-11-02 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 2007-11-02 4 J 0 50093 D 218143 I by trust Common Stock 400941 D Common Stock 3040 I 401(k) plan Prepaid Variable Forward Contract 2007-11-02 4 J 0 60000 D 2007-11-02 Common Stock 60000 0 I by trust On 11/02/04, 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 up to 60,000 shares of Ball Corporation Common Stock (Ball Shares). On 11/02/07, the Settlement Date, the Contract obligated the Trust to deliver to the Buyer a number of Ball Shares equal to $2,442,535 (50,093 Ball shares @ $48.76 each). In exchange, the Trust originally received 83.99% of $2,415,180. The Contract provided, based on the price of Ball Shares on Settlement Date, that the Trust could receive 120% of the $40.2530 per share (Floor Price) up to a maximum of $48.30 per share (Ceiling Price). This transaction was disclosed on a Form 4 filing with the SEC on 11/02/04 and was settled in accordance with its terms through delivery by the Trust of 50,093 Ball Shares to the Buyer. The reporting person expressly disclaims beneficial ownership of these securities. By: Robert W. McClelland, AssocGenCounsel For: R. David Hoover 2007-11-06