Exhibit 21.1 ------------ SUBSIDIARY LIST (1) Ball Corporation and Subsidiaries The following is a list of subsidiaries of Ball Corporation (an Indiana Corporation) which are included in the financial statements on a consolidated basis:(2) State or Country of Name Incorporation or Organization -------------------------------------------- ----------------------------- Ball Brothers AG Switzerland Ball-Canada Holdings Inc. Ontario, Canada Ball Efratom Elektronik GmbH (3) Federal Republic of Germany Efratom Holding, Inc. Colorado Efratom Time and Frequency Products, Inc. (3) Colorado Ball Foreign Sales Corporation Barbados Ball Glass Container Corporation Delaware Ball Metal Container Corporation Indiana Ball Packaging Products Canada, Inc. Canada Ball Systems Technology Limited United Kingdom Ball Technology Licensing Corporation Indiana Ball Technology Services Corporation California CCD, Inc. Delaware Earthwatch, Incorporated Colorado Heekin Can, Inc. Delaware Madera Glass Company California Muncie & Western Railroad Company Indiana The following is a list of affiliates of Ball Corporation included in the financial statements on the equity basis of accounting: Percentage State or Country Name Ownership(4) of Incorporation -------------------------------------- ------------ -------------------------- Ball Packaging Products Holdings, Inc. 50 Ontario, Canada FTB Packaging Limited 72 Hong Kong Guangzhou M.C. Packaging, Ltd. 10 Peoples Republic of China MCP-Ball International Limited 40 Hong Kong Phoenix Packaging, Inc. 25 Ohio FTB Tooling and Engineering Limited 72 Hong Kong Richford Properties Limited 72 Hong Kong Xian Kunlun FTB Packaging Limited 72 Hong Kong Zhuhal FTB Packaging Limited 24 Hong Kong Sanshui Jianlibao FTB Company Limited 25 Hong Kong Jianlibao FTB Beverage and Can Manufacturer (Shanghai) Limited 29 Hong Kong <FN> (1) In accordance with Regulation S-K, Item 601(b)(22)(ii), the names of certain subsidiaries have been omitted from the foregoing lists. The unnamed subsidiaries, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary, as defined in Regulation S-X, Rule 1-02(v). (2) Each of the consolidated subsidiaries listed is directly or indirectly wholly-owned by the Registrant, except Madera Glass Company, in which the Registrant indirectly owns 51 percent of the voting share capital. (3) These companies were sold on March 17, 1995. (4) Represents the Registrant's direct and/or indirect ownership in each of the subsidiaries' voting share capital. </FN>