Exhibit 99.2

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.
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 1, "Business" and incorporated by reference in Item 7.
The Reform Act defines forward-looking  statements as statements that express an
expectation or belief and contain a projection,  plan or assumption  with regard
to, among other things, future revenues,  income,  earnings per share 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  the  forward-looking  statements
include,  but are not limited  to,  fluctuation  in customer  growth and demand,
weather,  fuel costs and  availability,  regulatory  action,  Federal  and State
legislation, interest rates, labor strikes, maintenance and capital expenditures
and local economic conditions.  In addition, Ball's ability to have available an
appropriate  amount of production  capacity in a timely manner can significantly
impact Ball's financial performance. The timing of deregulation and competition,
product  development and introductions and technology changes are also important
potential factors. Other important factors include the following:

         Difficulties  in obtaining  raw materials,  supplies, power and natural
         resources needed for the production of metal  and plastic containers as
         well  as  telecommunications and aerospace products could affect Ball's
         ability  to  ship   containers  and  telecommunications  and  aerospace
         products.

         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 to sell
         scrap associated with the production of metal containers and the effect
         of changes  in  the  cost of  warehousing  the Company's products could
         adversely affect the Company's financial performance.

         The  failure  of  EarthWatch  Incorporated   to   launch   successfully
         satellites  planned  for  1997 and subsequent years,  technological  or
         market acceptance issues, performance failures and related contracts or
         subcontracts, including any failure of EarthWatch to receive additional
         financing  needed  for  EarthWatch to continue to make payments, or any
         events  which would require the Company to provide additional financial
         support for EarthWatch Incorporated.

         Cancellation  or  termination of  government  contracts  for  the  U.S.
         Government, other customers or other government contractors.

         The effects of,  and changes in, laws, regulations, other activities of
         governments   (including   political   situations   and    inflationary
         economies),  agencies and similar  organizations,  including,  but  not
         limited to, those effecting frequency, use and availability of metal
         and  plastic  containers,  the  authorization  and  control  over   the
         availability of government contracts and the nature and continuation of
         those contracts and the related services provided thereunder,  the  use
         of  remote  sensing  data and changes in domestic and international tax
         laws could negatively impact the Company's financial performance.

         The  effects  of  changes  in  the  Company's  organization  or  in the
         compensation and/or benefit plans; any changes in  agreements regarding
         investments or joint ventures in which the Company  has an  investment;
         the amount, type or cost of the Company's financing and changes to that
         financing, could adversely impact Ball's financial performance.

         Risks involved  in purchasing  and selling products  and  services  and
         receiving payments in currencies other than the U.S. dollar.