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BOARD MEETINGS AND ANNUAL MEETING
The members of the Board are expected to attend all meetings of the Board, relevant committee meetings and the
Annual Meeting of Shareholders. The Board held five meetings during 2011. Every director attended 75% or more of
the aggregate of the total number of meetings of the Board and the total number of meetings held by all committees of
the Board on which the director served. All directors attended the 2011 Annual Meeting.
TRANSACTIONS WITH RELATED PERSONS, PROMOTERS AND CERTAIN CONTROL PERSONS
Ball Corporation has adopted a policy with respect to transactions with related persons requiring its executive
officers and directors to comply with all SEC and NYSE requirements concerning transactions between the Corpora-
tion and ``related persons,'' as defined in the applicable SEC and NYSE rules. With respect to related persons, David L.
Taylor currently serves as President and Chief Executive Officer of a wholly owned subsidiary of Ball Corporation, and
is the spouse of Lisa A. Pauley, an executive officer of the Corporation. For 2011, Mr. Taylor's base salary was
approximately $405,000. To facilitate compliance with such policy, the Board adopted procedures for the review,
approval or ratification of any transaction required to be reported under the applicable rules. The policy provides that
each executive officer and director will promptly report to the Chairman of the Board any transaction with the
Corporation undertaken or contemplated by such officer or director, by any beneficial owner of 5% or more of the
Corporation's voting securities or by any immediate family member. The Chairman of the Board will refer any
transaction to the General Counsel for review and recommendation. Upon receipt of such review and recommendation,
the matter will be brought before the Nominating/Corporate Governance Committee to consider whether the transac-
tion in question should be approved, ratified, suspended, revoked or terminated. This policy for transactions with
related persons is in writing and is part of the Ball Corporation Executive Officers and Directors Ethics Statement. The
written form of the policy can be found on the Corporation's Web site as indicated in the section ``Policies on Business
Ethics and Conduct'' on page 12.
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