Exhibit 99.1

               SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES
                          LITIGATION REFORM ACT OF 1995

In  connection  with  the  safe  harbor  provisions  of the  Private  Securities
Litigation Reform Act of 1995 (the Reform Act), Ball is hereby filing cautionary
statements  identifying important factors that could cause Ball's actual results
to differ materially from those projected in forward-looking statements of Ball.
Forward-looking  statements  may be  made in  several  different  contexts;  for
example,   in  the   Company's   Annual   Report  and  in  annual  and  periodic
communications with investors. Management's Discussion and Analysis of Financial
Condition and Results of Operations  contains  forward-looking  statements,  and
many of these statements are contained in Part I, Item 2, "Business." The Reform
Act defines  forward-looking  statements as statements  that express or imply an
expectation or belief and contain a projection,  plan or assumption  with regard
to, among other things, future revenues,  income,  earnings per share or capital
structure.  Such statements of future events or performance  involve  estimates,
assumptions and uncertainties,  and are qualified in their entirety by reference
to, and are  accompanied  by, the following  important  factors that could cause
Ball's   actual   results  to  differ   materially   from  those   contained  in
forward-looking statements made by or on behalf of Ball.

Some  important  factors that could cause Ball's  actual  results or outcomes to
differ materially from those discussed in  forward-looking  statements  include,
but are not limited to:

o    Fluctuation  in  customer  growth  and  demand,  including  loss  of  major
     customers;  manufacturing  overcapacity;  lack of productivity improvement;
     weather;  regulatory action;  federal, state and local law; interest rates;
     labor strikes and work stoppages; boycotts; litigation involving antitrust,
     intellectual property,  consumer and other issues;  maintenance and capital
     expenditures; capital availability;  economic conditions and acts of war or
     catastrophic events.

o    Competition  in pricing and the  possible  decrease  in, or loss of,  sales
     resulting therefrom; loss of profitability and plant closures.

o    The timing and extent of regulation or  deregulation,  competition  in each
     line of business,  product  development  and  introductions  and technology
     changes.

o    Ball's  ability  or  inability  to  have  available  sufficient  production
     capacity in a timely manner.

o    Difficulties  in  obtaining  raw  materials,  supplies,  power and  natural
     resources needed for the production of metal and plastic containers as well
     as telecommunications and aerospace products.

o    The pricing of raw materials,  supplies, power and natural resources needed
     for  the   production   of  metal  and  plastic   containers   as  well  as
     telecommunications and aerospace products, pricing and ability or inability
     to sell scrap  associated  with the production of metal  containers and the
     effect of changes in the cost of warehousing the Company's products.

o    The  ability  or   inability  to  pass  on   to  customers  changes  in raw
     material cost, particularly resin, steel and aluminum.





o    International business risks,  particularly in foreign developing countries
     such as China and Brazil,  including political and economic  instability in
     foreign markets, restrictive trade practices of foreign governments, sudden
     policy changes by foreign  governments,  the imposition of duties, taxes or
     other government charges, foreign exchange rate risk, exchange controls and
     national and regional labor strikes or work stoppages.

o    The  ability  or  inability  to  obtain  adequate   credit   resources  for
     foreseeable financing requirements of the Company's businesses.

o    Undertaking unsuccessful acquisitions,  joint ventures and divestitures and
     the integration activities associated with acquisitions and joint ventures.

o    The failure to make cash payments and satisfy other debt obligations.

o    The ability or inability to achieve  technological and  product advances in
     the Company's businesses.

o    The success or lack  of  success of satellite  launches and the  businesses
     and governments associated with the launches.

o    The authorization, funding and availability of government contracts and the
     nature and continuation of those contracts and related services, as well as
     the  cancellation  or  termination  of  government  contracts  for the U.S.
     government, other customers or other government contractors.

o    Actual vs. estimated  business consolidation  and investment exit costs and
     the  estimated  net  realizable  values  of  assets  associated  with  such
     activities.

o    Fluctuation in  the  fiscal  and  monetary  policy established  by the U.S.
     government.