Ball Corporation Completes Previously Announced Redemption of its 7.375% Senior Notes due 2019

   Ball Corporation Completes Previously Announced Redemption of its 7.375%
                            Senior Notes due 2019

PR Newswire

BROOMFIELD, Colo., Jan. 10, 2014

BROOMFIELD, Colo., Jan. 10, 2014 /PRNewswire/ --Ball Corporation (NYSE: BLL)
announced today that it has completed the previously announced redemption of
all of its outstanding 7.375% Senior Notes due 2019 (CUSIP No. 058498 AN6)
(the "Notes"), representing approximately $315.4 million aggregate principal
amount of Notes.

(Logo: http://photos.prnewswire.com/prnh/20130925/LA85786LOGO)

The Notes were redeemed at a redemption price of 100% of the principal amount
of the Notes outstanding plus the Applicable Premium (as defined in the Third
Supplemental Indenture, dated as of August 20, 2009, by and among Ball, the
subsidiary guarantors named therein and The Bank of New York Mellon Trust
Company, N.A., as trustee) as of, and accrued and unpaid interest to, the
redemption date of January 10, 2014, payable in cash. On and after the
redemption date, the Notes called for redemption were no longer deemed
outstanding and interest ceased to accrue.

Ball used cash on hand and borrowings under its bank credit facilities and
accounts receivable securitization program to fund the redemption. As a result
of the redemption, Ball will record an after-tax charge of approximately $21
million in the first quarter of 2014.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any securities, including the Notes.

About Ball Corporation
Ball Corporation supplies innovative, sustainable packaging solutions for
beverage, food and household products customers, as well as aerospace and
other technologies and services primarily for the U.S. government. Ball
Corporation and its subsidiaries employ 15,000 people worldwide and reported
2012 sales of more than $8.7billion. For more information, visit
www.ball.com, or connect with us on Facebook or Twitter.

Forward-Looking Statements
This release contains "forward-looking" statements concerning future events
and financial performance. Words such as "expects," "anticipates," "estimates"
and similar expressions 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 www.sec.gov. Factors that might affect: a) our packaging
segments include product demand fluctuations; availability/cost of raw
materials; competitive packaging, pricing and substitution; changes in climate
and weather; crop yields; competitive activity; failure to achieve
productivity improvements or 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 or tax rates; b) our aerospace segment include
funding, authorization, availability and returns of government and commercial
contracts; and delays, extensions and technical uncertainties affecting
segment contracts; c) the company as a whole include those listed plus:
changes in senior management; successful or unsuccessful acquisitions and
divestitures; regulatory action or issues including tax, environmental, health
and workplace safety, including U.S. FDA and other actions or public concerns
affecting products filled in our containers, or chemicals or substances used
in raw materials or in the manufacturing process; technological developments
and innovations; litigation; strikes; labor cost changes; rates of return on
assets of the company's defined benefit retirement plans; pension changes;
uncertainties surrounding the U.S. government budget, sequestration and debt
limit; reduced cash flow; ability to achieve cost-out initiatives; interest
rates affecting our debt.

SOURCE Ball Corporation

Website: http://www.ball.com
Contact: Investor, Ann T. Scott, (303) 460-3537, ascott@ball.com; or Media,
Renee Robinson, (303) 460-2476, rarobins@ball.com
 
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