Amendment to Credit Agreement

On July 31, 2009, Ball Corporation (the "Company"), Ball European Holdings S.ar.l., various financial institutions party thereto as lenders, and Deutsche Bank AG, New York Branch, as administrative agent for the lenders, entered into a Second Amendment to Credit Agreement (the "Amendment") which further amends the credit agreement, dated October 13, 2005 (as amended, restated, supplemented or otherwise modified and in effect from time to time, the "Credit Agreement").

The Amendment, among other things, clarifies that any additional term facilities need not have pricing, fees and other economic terms that are substantially similar to the existing term loan facilities and requires that new lenders under any additional term facilities consent in advance with respect to such additional term facility loans to the extension or replacement of the Company's existing multicurrency and Canadian revolving credit facilities. The Amendment also modifies the voluntary prepayment provisions of the Credit Agreement to allow the Company to designate that prepayments be applied first to any specified scheduled payments due within 12 months of such prepayment.

A copy of the Amendment is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein. The description of the material terms of the Amendment is qualified in its entirety by reference to such exhibit.

The disclosures under Item 1.01 of this Current Report on Form 8-K relating to the Amendment are also responsive to Item 2.03 of this report and are incorporated by reference into this Item 2.03.

(d) Exhibits.

Exhibit
Number                                   Description
 10.1      Second Amendment to Credit Agreement, dated July 31, 2009, by and among
           Ball Corporation, Ball European Holdings S.ar.l., various financial
           institutions party thereto as lenders and Deutsche Bank AG, New York
           Branch, as administrative agent for the lenders, amending the Credit
           Agreement, dated October 13, 2005, as subsequently amended.