Ball (BALL) 10-Q 2001 Q1 Quarterly report

EXHIBIT 99.1


                                Safe Harbor Statement Under the Private Securities
                                           Litigation Reform Act of 1995

In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the Reform
Act), Ball is hereby filing cautionary statements identifying important factors that could cause Ball's actual
results to differ materially from those projected in forward-looking statements of Ball. Forward-looking
statements may be made in several different contexts; for example, in the quarterly and annual earnings news
releases, the quarterly earnings news conferences hosted by the company, public presentations at industry,
investor and credit conferences, the company's Annual Report and in annual and periodic communications with
investors. Management's Discussion and Analysis of Financial Condition and Results of Operations contains
forward-looking statements, and many of these statements are contained in Part I, Item 2, "Business." The Reform
Act defines forward-looking statements as statements that express or imply an expectation or belief and contain a
projection, plan or assumption with regard to, among other things, future revenues, income, earnings per share,
cash flow or capital structure. Such statements of future events or performance involve estimates, assumptions
and uncertainties, and are qualified in their entirety by reference to, and are accompanied by, the following
important factors that could cause Ball's actual results to differ materially from those contained in
forward-looking statements made by or on behalf of Ball.

Some important factors that could cause Ball's actual results or outcomes to differ materially from those
discussed in forward-looking statements include, but are not limited to:

o    Fluctuation in customer growth and demand, including loss of major customers; manufacturing
     overcapacity; lack of productivity improvement or production cost reductions; weather; regulatory action;
     federal, state and local law; interest rates; labor strikes and work stoppages; boycotts; litigation
     involving antitrust, intellectual property, consumer and other issues; maintenance and capital expenditures;
     capital availability; economic conditions and acts of war or catastrophic events.

o    Competition in pricing and the possible decrease in, or loss of, sales resulting therefrom; loss of
     profitability and plant closures, as well as the impact of price increases on financial results.

o    The timing and extent of regulation or deregulation, competition in each line of business, product
     development and introductions and technology changes.

o    Ball's ability or inability to have available sufficient production capacity in a timely manner.

o    Overcapacity in foreign and domestic metal and plastic container industry production facilities and its
     impact on pricing and financial results.

o    Difficulties in obtaining raw materials, supplies, energy such as gas and electric power, and natural
     resources needed for the production of metal and plastic containers as well as telecommunications and
     aerospace products.

o    The pricing of raw materials, supplies, power and natural resources needed for the production of metal
     and plastic containers as well as telecommunications and aerospace products, pricing and ability or
     inability to sell scrap associated with the production of metal containers and the effect of changes in the
     cost of warehousing the company's products.

o    The ability or inability to pass on to customers changes in raw material cost, particularly resin, steel
     and aluminum.

o    International business and market risks, particularly in foreign developing countries such as China and
     Brazil, including political and economic instability in foreign markets, restrictive trade practices of
     foreign governments, sudden policy changes by foreign governments, the imposition of duties, taxes or other
     government charges, foreign exchange rate risk, exchange controls and national and regional labor strikes or
     work stoppages.

o    The ability or inability to obtain adequate credit resources for foreseeable financing requirements of
     the company's businesses.

o    Undertaking successful and unsuccessful acquisitions, joint ventures and divestitures and the
     integration activities associated with acquisitions and joint ventures.

o    The failure to make cash payments and satisfy other debt obligations.

o    The ability or inability to achieve technological and product advances in the company's businesses.

o    The success or lack of success of satellite launches and the businesses and governments associated with
     the launches.

o    The authorization, funding and availability of government contracts and the nature and continuation of
     those contracts and related services, as well as the cancellation or termination of government contracts for
     the U.S. government, other customers or other government contractors.

o    Actual vs. estimated business consolidation and investment exit costs and the estimated net realizable
     values of assets associated with such activities.

o    Fluctuation in the fiscal and monetary policy established by the U.S. government.