Ball Shareholders Elect Four Directors; Ball Board Declares Dividend, Elects Jeffrey A. Knobel Vice President

BROOMFIELD, Colo., April 27, 2011 /PRNewswire/ --

Highlights

• Ball shareholders elected at the company's annual meeting today John A. Hayes, George M. Smart, Theodore M. Solso and Stuart A. Taylor II to Ball's board of directors
• Ball's board declared a quarterly cash dividend of 7 cents per share
• The board also elected Jeffrey A. Knobel vice president and treasurer of the company
• Knobel, 40, was elected treasurer in April 2010
• Ball will announce its first quarter and full-year earnings on April 28, 2011

Ball Corporation's (NYSE: BLL) shareholders elected at the company's annual meeting today John A. Hayes, George M. Smart, Theodore M. Solso and Stuart A. Taylor II to Ball's board of directors. They will serve board terms that will expire at the corporation's 2014 annual meeting.

The company's board of directors declared a cash dividend of 7 cents per share, payable June 15, 2011, to shareholders of record on June 1, 2011. The board also elected Jeffrey A. Knobel as vice president and treasurer. Knobel, 40, was elected treasurer in April 2010. He joined Ball in 1997.

Ball will report its first quarter 2011 results on April 28 before the market opens. Conference call details are below.

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 more than 14,500 people worldwide and reported 2010 sales of more than $7.6 billion. For the latest Ball news and for other company information, please visit http://www.ball.com.

Conference Call Details

Ball Corporation will hold its regular quarterly conference call on the company's first quarter 2011 results tomorrow at 9 a.m. Mountain Time (11 a.m. Eastern). The North American toll-free number for the call is 800-736-4610. International callers should dial 212-231-2919. Please use the following URL for a webcast of the live call: http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=115234&eventID=3927994

For those unable to listen to the live call, a taped replay will be available after the call's conclusion until 11 a.m. Mountain Time (1 p.m. Eastern) on May 5, 2011. To access the replay, call 800-633-8284 (North American callers) or 402-977-9140 (international callers) and use reservation number 21518170.  A written transcript of the call will be posted within 48 hours of the call's conclusion to Ball's website at www.ball.com in the investors section under "presentations."

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 99.2 in our Form 10-K, which are available on our website and at www.sec.gov. 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; 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; reduced cash flow; interest rates affecting our debt; and changes to unaudited results due to statutory audits or other effects.

SOURCE Ball Corporation