Form: 8-K

Current report filing

August 10, 1995

EXHIBIT 99 - OTHER DOCUMENTS TO SECURITY HOLDERS

Published on August 10, 1995



Ball Corporation
Current Report on Form 8-K
Dated August 10, 1995



Exhibit EX-99

Following is the text of a press release disseminated by the registrant on
August 7, 1995:


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ARBITRAL TRIBUNAL ISSUES RULING IN FAVOR OF BALL CORPORATION
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MUNCIE, Ind., August 7, 1995--In a binding arbitration, a tribunal of
the International Chamber of Commerce has issued a ruling in favor of Ball
Corporation (NYSE:BLL) in a dispute between Ball and Onex Corporation of
Toronto.

The ruling is related to a 1988 joint venture agreement between Ball
and Onex. As previously disclosed, Onex had sought approximately $30 million
from Ball with respect to shares Onex held in the former joint venture. The
arbitral tribunal rejected Onex's claim.

Ball Corporation produces rigid packaging products for food and beverages
and provides aerospace and other technology products and services to government
and commercial customers. The company had sales of nearly $2.6 billion in 1994.

23/95
Media Contact: Harold Sohn, 317/747-6483, nights at 317/573-8279,hsohn@ball.com
Investor Contact: Brad Wilks, 317/747-6165, nights at 317/282-6198, bwilks
@ball.com