Business News

Ball Corporation Announces Public Offering of Senior Notes

Tuesday 11. August 2009 - Ball Corporation (NYSE:BLL) announced today that it expects to commence a public offering of approximately $650 million in aggregate principal amount of senior notes due 2016 and senior notes due 2019. The exact terms and timing of the offering will depend upon market conditions and other factors.

Ball expects to use the net proceeds from the offering to finance the previously announced acquisition of three beverage can manufacturing plants and one beverage can end manufacturing plant from Metal Container Corporation, an indirect wholly owned subsidiary of Anheuser-Busch InBev n.v./s.a., and for general corporate purposes. The offering is not conditioned upon completion of the acquisition. If the acquisition is not completed, Ball expects to use the net proceeds from the offering for general corporate purposes, including other potential acquisitions, the refinancing or repayment of debt, working capital, share repurchases or capital expenditures.

Goldman, Sachs & Co., J.P. Morgan Securities Inc., Banc of America Securities LLC, Barclays Capital Inc. and Deutsche Bank Securities Inc. 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 Securities 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 www.sec.gov. Alternatively, Ball, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling 1-888-663-5847.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.