Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Pauley Lisa Ann
2. Date of Event Requiring Statement (Month/Day/Year)
04/25/2007
3. Issuer Name and Ticker or Trading Symbol
BALL CORP [BLL]
(Last)
(First)
(Middle)
BALL CORPORATION, 10 LONGS PEAK DR.
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 Original Filed(Month/Day/Year)
(Street)

BROOMFIELD, CO 80021-2510
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: 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  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pauley Lisa Ann
BALL CORPORATION
10 LONGS PEAK DR.
BROOMFIELD, CO 80021-2510
      VP Administration & Compliance  

Signatures

By: Charles E. Baker, VP,GenCoun&AsstCorpSec For: Lisa Ann Pauley 04/30/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(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.

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