Form: 10-K

Annual report pursuant to Section 13 and 15(d)

March 31, 1998

EXHIBIT 99.2

Published on March 31, 1998



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. 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 1, "Business," and
incorporated by reference in Item 7. The Reform Act defines forward-looking
statements as statements that express 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 the forward-looking statements
include, but are not limited to, fluctuation in customer growth and demand,
weather, fuel costs and availability, regulatory action, Federal and State
legislation, interest rates, labor strikes, maintenance and capital
expenditures and local economic conditions. In addition, Ball's ability to
have available an appropriate amount of production capacity in a timely
manner can significantly impact Ball's financial performance. The timing of
deregulation and competition, product development and introductions and
technology changes are also important potential factors. Other important
factors include the following:

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 could affect Ball's ability to
ship containers and telecommunications and aerospace products.

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 to sell scrap
associated with the production of metal containers and the effect of changes
in the cost of warehousing the Company's products could adversely affect the
Company's financial performance.

Technological or market acceptance issues regarding the business of
EarthWatch, performance failures and related contracts or subcontracts, the
success or lack of success of the satellite launches and business of
EarthWatch, the failure of EarthWatch to receive additional financing needed
for EarthWatch to continue to make payments, or any events which would
require the Company to provide additional financial support for EarthWatch
Incorporated.

The inability to achieve technological advances in the Company's businesses.

Cancellation or termination of government contracts for the U.S. Government,
other customers or other government contractors.

The effects of, and changes in, laws, regulations, other activities of
governments (including political situations and inflationary economies),
agencies and similar organizations, including, but not limited to, those
effecting frequency, use and availability of metal and plastic containers,
the authorization and control over the availability of government contracts
and the nature and continuation of those contracts and the related services
provided thereunder, the use of remote sensing data and changes in domestic
and international tax laws could negatively impact the Company's financial
performance.

The effects of changes in the Company's organization or in the compensation
and/or benefit plans; any changes in agreements regarding investments or
joint ventures in which the Company has an investment; the ability of the
Company to acquire other businesses; the amount, type or cost of the
Company's financing and changes to that financing, could adversely impact
Ball's financial performance.

Risks involved in purchasing and selling products and services and receiving
payments in currencies other than the U.S. dollar. The devaluation of
international currencies and the ability to refinance M.C. Packaging and to
obtain adequate credit resources for foreseeable financing requirements of
the Company's businesses.