Ball Corporation
                           Current Report on Form 8-K
                             Dated November 15, 1996



                                                                   Exhibit EX-99

Following  is the text of a press  release  disseminated  by the  registrant  on
November 4, 1996:



  BALL ANNOUNCES NEW PET SUPPLY AGREEMENT AND ACQUISITION OF ASSETS


         MUNCIE,  Ind.,  November 4, 1996--Ball  Corporation  [NYSE:  BLL] today
  announced it has reached a definitive  agreement  with the Honickman  Group of
  Philadelphia  to acquire  for  approximately  $30  million  certain  assets of
  Brunswick Container,  a company which manufactures PET plastic bottles for use
  by  Honickman's  soft drink  bottling  companies.  The  agreement  includes an
  arrangement  for  Ball to  supply  Honickman's  requirements  for PET  plastic
  bottles.
         Brunswick  currently  operates two plants, one in New Jersey and one in
  Virginia,  producing  PET  soft  drink  bottles.  Ball  will  construct  a new
  state-of-the-art  plant in the greater  Philadelphia area and will acquire the
  Brunswick plant in Virginia.  Site selection for the new facility is underway.
  Ball said it planned to build upon the Honickman and other soft drink business
  by supplying PET containers to additional food and beverage customers.
         "Our continued  expansion in the rapidly  growing PET market,  combined
  with the recent sale of our mature glass and aerosol  container  manufacturing
  businesses,  demonstrates our commitment to repositioning Ball Corporation for
  future growth," said George A. Sissel, chairman, president and CEO.
         Ball Corporation  produces rigid metal and plastic containers,  largely
  for foods and beverages,  and provides  aerospace and other  technologies  and
  services to government and commercial customers.
  The company reported 1995 sales of $2.6 billion.
                                      * * *

  Note: This news release may contain  forward-looking  statements as encouraged
  by the  Private  Securities  Litigation  Reform  Act of 1995.  Forward-looking
  statements are  necessarily  projections  which are subject to change upon the
  occurrence of certain events which may affect the business,  many of which are
  set forth in the company's 8-K report filed with the  Securities  and Exchange
  Commission on July 16, 1996.

  19/96
  Media Contact:     Scott   McCarty,  317/747-6175,   evenings    317/284-2351,
                     smccarty@ball.com
  Investor Contact:  Doug   Poling,   317/747-6465,    evenings    317/287-8470,
                     dpoling@ball.com

  Ball Corporation Home Page:  http://www.ball.com