EX-99 12 ex99-2_f10k2002.htm EXHIBIT 99.2 - SAFE HARBOR STATEMENT Ball Corporation Form 10-K 2002 Exhibit 99.2 Safe Harbor Statement
Exhibit 99.2

                                          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 quarterly and annual earnings news releases, the quarterly earnings news conferences hosted by the company, public
presentations at industry, investor and credit conferences, 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 may contain forward-looking
statements, and many of these statements are contained in Part I, Item 1, "Business."  As time passes, the relevance and accuracy
of forward-looking statements may change.  The company currently does not intend to update any particular forward-looking statement
except, as it deems necessary at quarterly or annual release of earnings.  You are advised, however, to consult any further
disclosures Ball makes on related subjects in our 10-Q, 8-K and 10-K reports to the Securities and Exchange Commission.  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, cash flow 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 expressed or implied and
discussed in forward-looking statements include, but are not limited to:

o    Fluctuation in customer and consumer growth and demand, particularly during the months when the demand for metal beverage beer
     and soft drink cans is heaviest; loss of major customers; manufacturing overcapacity or under capacity; lack of productivity
     improvement or production cost reductions; weather; fruit, vegetable and fishing yields; interest rates, particularly on the
     floating rate debt of the company; labor strikes and work stoppages; boycotts; litigation; antitrust, intellectual property,
     consumer and other issues; level of maintenance and capital expenditures; capital availability; economic conditions; and acts
     of war, terrorism or catastrophic events.

o    Competition in pricing and the possible decrease in, or loss of, sales resulting therefrom; loss of profitability and plant
     closures, as well as the impact of price increases on financial results.

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    Overcapacity in foreign and domestic metal and plastic container industry production facilities and its impact on pricing
     and financial results.

o    Regulatory action or federal, state, local or foreign laws, including restrictive packaging legislation such as recycling
     laws or the German mandatory deposit legislation.

o    Regulatory action or laws including those related to corporate governance and financial reporting, regulations and
     standards, including changes in generally accepted accounting principles or their interpretation.

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

o    The cost and increased cost of raw materials, supplies, power and natural resources needed for the production of metal
     and plastic containers as well as aerospace products; pricing and ability or inability to sell scrap associated with the
     production of metal containers; the effect of changes in the cost of warehousing the company's products; and increases in
     various employee benefits and labor costs, including pension, medical and health care costs incurred in the countries in
     which Ball has operations; and rates of return projected and earned on assets of the company's defined retirement plans.

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

o    International business and market risks (including foreign exchange rates), particularly in the United States, Europe, and
     in foreign developing countries such as China and Brazil; 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 by the United States or foreign governments; exchange controls; national or regional labor strikes or work
     stoppages; and terrorist activity or war.

o    Foreign exchange rate of the U.S. dollar against the European euro, British pound, Polish zloty, Hong Kong dollar, Canadian
     dollar, Chinese renminbi and Brazilian real.

o    Terrorist activity or war that disrupts the company's production or supply, or availability and cost of raw materials
     used in the production of the company's goods and services, and/or disrupts the company's ability to obtain adequate
     credit resources for the foreseeable financing requirements of the company's businesses.

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

o    Undertaking successful and unsuccessful acquisitions, joint ventures and divestitures and the integration activities
     associated with acquisitions and joint ventures, including the integration and operation of the business of Schmalbach-Lubeca
     AG, now known as Ball Packaging Europe.

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

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

o    The technical risks associated with aerospace products and services; and the success or lack of success of satellite
     launches and the businesses and governments associated with aerospace products and services and 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; goodwill impairment; and the effect of LIFO accounting on earnings.

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