X0202 4 2004-06-18 0 0000009389 BALL CORP BLL 0001205943 HAYES JOHN A BALL CORPORATION 10 LONGS PEAK DR. BROOMFIELD CO 80021-2510 0 1 0 0 VP, CORP STRATEGY & DEV Prepaid Variable Forward Contract 2004-06-18 4 J 0 17000 A 2007-06-18 2007-06-18 Common Stock 17000 17000 D On 6-18-04 John A. Hayes entered into a prepaid variable forward contract (Contract) with a broker/dealer (Buyer) for disposition of 17,000 shares of Ball Corp Common Stock (Ball Shares). Contract obligates Mr. Hayes to deliver to Buyer on 6-18-07 (Settlement Date) a number of Ball Shares equal to $1,186,303 (currently 17,000 Ball Shares @$69.78). In exchange Mr. Hayes initially receives 85.41% of $1,186,303 ($59.60/share Purchase Price). Per Contract on Settlement Date Mr. Hayes receives up to 120% of $69.78/share price ($83.74/share Ceiling Price) if Ball Shares appreciate above $69.78/share (Floor Price). The number of Ball Shares to be sold by Mr. Hayes under Contract will be 17,000 base amount & will depend on whether the Ceiling Price is above Floor Price. To fulfill Contract Ball Shares have been delivered to Buyer but will not be sold until 6-18-07. At Mr. Hayes option he may deliver cash equivalent to value of required number of Ball Shares to be delivered on Settlement Date. 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, GenCounsel&AsstCorpSec For: John A. Hayes 2004-06-21