Ball Corporation Prices $1 Billion of Notes

                 Ball Corporation Prices $1 Billion of Notes

PR Newswire

BROOMFIELD, Colo., May 9, 2013

BROOMFIELD, Colo., May 9, 2013 /PRNewswire/ --Ball Corporation (NYSE: BLL)
announced today that it priced an underwritten public offering of $1 billion
of 4% Senior Notes due 2023. The offering is expected to close on May 16,
2013, subject to market conditions and other factors.

Ball intends to use the net proceeds from the offering to pay the
consideration, accrued and unpaid interest and related fees and expenses in
connection with today's previously announced tender offer and related consent
solicitation for any and all of its outstanding 7.125% Senior Notes due 2016,
to repay borrowings under its revolving credit facilities, and for general
corporate purposes.

Deutsche Bank Securities; BofA Merrill Lynch; Goldman, Sachs & Co.; Barclays;
Wells Fargo Securities; RBS Securities Inc.; KeyBanc Capital Markets; and J.P.
Morgan are acting as joint book-running managers of the offering.

Ball is making the offer under a shelf registration statement previously
declared effective by the U.S. Securities and Exchange Commission. This
offering will be made solely by means of a prospectus and prospectus
supplement, a copy of which may be obtained on the SEC website at
Alternatively, Ball, any underwriter or any dealer participating in the
offering will arrange to provide the prospectus if requested. Ball will
arrange to send you the prospectus after filing if you request it by calling
toll-free 1-800-503-4611.

This announcement is for informational purposes only and does not constitute
an offer to sell or a solicitation of an offer to purchase or a solicitation
of consents with respect to any securities. No offer, solicitation, or sale
will be made in any jurisdiction in which such an offer, solicitation, or sale
would be unlawful.

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 approximately 15,000 people worldwide and reported 2012
sales of more than $8.7 billion.

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 in our Form
10-K, which are available on our website and at 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 and divestitures; 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; uncertainties surrounding
the U.S. government budget and debt limit; reduced cash flow; ability to
achieve cost-out initiatives; interest rates affecting our debt; and changes
to unaudited results due to statutory audits or other effects.

SOURCE Ball Corporation

Contact: Investor Contact: Ann T. Scott, 303-460-3537,, or
Media Contact: Renee Robinson, 303-460-2476,
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