Form: 3

Initial statement of beneficial ownership of securities

April 30, 2007

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Pauley Lisa Ann
(Last) (First) (Middle)
BALL CORPORATION
10 LONGS PEAK DR.
(Street)
BROOMFIELD CO 80021-2510
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/25/2007 		3. Issuer Name and Ticker or Trading Symbol
BALL CORP [ BLL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP Administration & Compliance
 5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 11,504 D
Common Stock 161 I 401(k) plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Compensation Company Stock Plan (1) (1) Restricted Stock Units 8,131 (1) D
Employee Stock Option (right to buy) 04/24/2003 04/24/2012 Common Stock 4,753 23.745 D
Employee Stock Option (right to buy) 04/23/2004 04/23/2013 Common Stock 2,500 28.155 D
Employee Stock Option (right to buy) 04/29/2005 04/29/2014 Common Stock 2,000 34.11 D
Employee Stock Option (right to buy) 04/28/2006 04/28/2015 Common Stock 2,125 39.74 D
Restricted Stock Units (2) (2) Restricted Stock Units 1,500 (2) D
Stock Appreciation Rights (SARS) 04/27/2007 04/27/2016 Common Stock 2,750 43.69 D
Stock Option (ISO) (right to buy) 04/23/2004 04/23/2013 Common Stock 2,500 28.155 D
Stock Option (ISO) (right to buy) 04/29/2005 04/29/2014 Common Stock 2,000 34.11 D
Stock Option (ISO) (right to buy) 04/28/2006 04/28/2015 Common Stock 2,125 39.74 D
Stock Option (ISO) (right to buy) 04/27/2007 04/27/2016 Common Stock 2,750 43.69 D
Explanation of Responses:
1. Contribution and company match of restricted stock units in Ball Corporation Deferred Compensation Company Stock Plan
2. Restricted stock units awarded in the 2005 Stock and Cash Incentive Plan.
Remarks:
Total number of 401(k) Plan shares include shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.
By: Charles E. Baker, VP,GenCoun&AsstCorpSec For: Lisa Ann Pauley 04/30/2007
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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