Ball Corporation Board Promotes Pauley to Senior Vice President, Elects Baker to Corporate Secretary and Declares Quarterly Dividend

BROOMFIELD, Colo., July 27, 2011 /PRNewswire/ -- Ball Corporation's (NYSE: BLL) board of directors today promoted Lisa A. Pauley to senior vice president, human resources and administration, and elected Charles E. Baker to the additional office of corporate secretary.

Pauley joined Ball in 1981 in the company's aerospace systems division. She was named Ball Corporation's senior director, administration and compliance, in 2004 and has been a vice president of the company since 2007. Pauley is responsible for the company's human resources, administration and compliance functions.

Baker has been general counsel and assistant corporate secretary since 2004. He joined Ball Corporation in 1993 after 10 years with the law firm of Fraser & Beatty in Toronto. At Ball, he served as director, business development; director, corporate compliance; and senior director, business development before becoming general counsel. He has been a vice president of the company since 2005.

Ball's board of directors also today declared a cash dividend of 7 cents per share, payable Sept. 15, 2011, to shareholders of record on Sept. 1, 2011.

Ball Corporation is a supplier of high quality packaging for beverage, food and household products customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 14,500 people worldwide and reported 2010 sales of more than $7.6 billion. For the latest Ball news and for other company information, please visit http://www.ball.com.

Investor Field Trip Announcement & Conference Call Details

On Oct. 10-11, 2011, Ball will host an Investor Field Trip. Financial analysts and institutional investors who are interested in attending should register by contacting Ann Scott, Director, Investor Relations.

Ball Corporation will hold its regular quarterly conference call on the company's results and performance on July 28, 2011, at 9 a.m. Mountain Time (11 a.m. Eastern). The North American toll-free number for the call is 800-268-2160. International callers should dial 303-223-2680. Please use the following URL for a webcast of the live call: http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=115234&eventID=4144011

For those unable to listen to the live call, a taped replay will be available at 11 a.m. Mountain Time on July 28 until 11 a.m. Mountain Time on Aug. 4, 2011. To access the replay, call 800-633-8284 (North American callers) or 402-977-9140 (international callers) and use reservation number 21529536.

A written transcript of the call will be posted within 48 hours of the call's conclusion to Ball's website at www.ball.com in the investors section under "presentations."

Forward-Looking Statements

This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties which could cause actual results to differ materially from those expressed or implied. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key risks and uncertainties are summarized in filings with the Securities and Exchange Commission, including Exhibit 99.2 in our Form 10-K, which are available on our website and at www.sec.gov. Factors that might affect our packaging segments include fluctuation in product demand and preferences; availability and cost of raw materials; competitive packaging availability, pricing and substitution; changes in climate and weather; crop yields; competitive activity; failure to achieve anticipated productivity improvements or production cost reductions; mandatory deposit or other restrictive packaging laws; changes in major customer or supplier contracts or loss of a major customer or supplier; political instability and sanctions; and changes in foreign exchange rates or tax rates. Factors that might affect our aerospace segment include: funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts. Factors that might affect the company as a whole include those listed plus: accounting changes; changes in senior management; the recent global recession and its effects on liquidity, credit risk, asset values and the economy; successful or unsuccessful acquisitions; regulatory action or laws including tax, environmental, health and workplace safety, including U.S. FDA and other actions affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; governmental investigations; technological developments and innovations; goodwill impairment; antitrust, patent and other litigation; strikes; labor cost changes; rates of return projected and earned on assets of the company's defined benefit retirement plans; pension changes; reduced cash flow; interest rates affecting our debt; and changes to unaudited results due to statutory audits or other effects.

SOURCE Ball Corporation