Ball Aerospace & Technologies
Corp., is teamed with DigitalGlobe®, Longmont, Colo., to build
DigitalGlobe’s next-generation, commercial high-resolution imaging satellite,
which will provide data under Digital Globe’s NextView contract from the U.S.
National Imagery and Mapping Agency (NIMA).

“As the NextView space segment prime teammate, Ball Aerospace is playing
an integral role in ensuring that the next generation of commercial satellites
will afford advanced capability and capacity for our nation’s imaging needs,”
said David L. Taylor, Ball Aerospace & Technologies Corp. president and chief
executive officer.

“This furthers the effective relationship first established between Ball
Aerospace and DigitalGlobe on the highly successful QuickBird satellite,” said
Cary Ludtke, Ball Aerospace vice president and general manager for Commercial
Space Operations.

The QuickBird satellite, designed and built by Ball Aerospace, launched on
October 18, 2001 and is the highest resolution commercial remote sensing
satellite operating today.

Ball Aerospace & Technologies Corp. is a global leader in providing
advanced imaging, communications, and information solutions to the government
and commercial defense and aerospace markets.

Ball Aerospace conducts domestic and international business in the
defense, civil space, and commercial arenas, providing best value and
innovative solutions. Ball Aerospace supports national policy-makers, the
military services, NASA, and other U.S. Government agencies, as well as
numerous aerospace industry companies.

Ball Corporation is one of the world’s leading suppliers of
metal and plastic packaging to the beverage and food industries. The company
also owns Ball Aerospace & Technologies Corp. With the addition of Ball
Packaging Europe, acquired in December 2002, Ball expects to report 2003 sales
of approximately $5 billion, of which approximately $4.5 billion will come
from its two packaging segments and $500 million from its aerospace and
technologies segment.

Forward-Looking Statements:

The information in this news release contains “forward-looking”
statements. Actual results or outcomes may differ materially from those
expressed or implied. As time passes, the relevance and accuracy of forward-
looking statements contained in this release may change. The company
currently does not intend to update any particular forward-looking statement
except, as it deems necessary at quarterly or annual release of earnings.
Please refer to the Form 10-Q filed by Ball Corporation on August 12, 2003,
for a summary of key risk factors that could affect actual results or
outcomes. Factors that might affect the Packaging segments or business of the
company are: fluctuation in consumer and customer demand; competitive
packaging material availability, pricing and substitution; the weather; fruit,
vegetable and fishing yields; company and industry productive capacity and
competitive activity; lack of productivity improvement or production cost
reductions; regulatory action or laws, the German mandatory deposit or other
restrictive packaging legislation, such as recycling laws; availability and
cost of raw materials, energy and transportation; the ability or inability to
pass on to customers changes in these costs, particularly resin, steel and
aluminum; pricing and ability or inability to sell scrap; and international
business risks (including foreign exchange rates) particularly in the United
States, Europe and in developing countries such as China and Brazil. Factors
that may affect the Aerospace segment or business are: funding, authorization
and availability of government contracts and the nature and continuation of
those contracts; and technical uncertainty associated with Aerospace segment
contracts. Factors that could affect the company as a whole include those
listed plus: successful and unsuccessful acquisitions, joint ventures or
divestitures and the integration activities associated therewith including the
integration and operation of the business of Schmalbach-Lubeca AG, now known
as Ball Packaging Europe; the inability to purchase the company’s common
stock; regulatory action or laws including those related to corporate
governance and financial reporting, regulations and standards, business
consolidation investment costs and the net realizable value of assets
associated with the company’s activities; goodwill impairment; changes in
generally accepted accounting principles or their interpretation; litigation;
antitrust, intellectual property, consumer and other issues; strikes;
boycotts; increases in various employee benefits and labor costs, specifically
pension, medical and health care costs incurred in the countries in which Ball
has operations; rates of return projected and earned on assets of the
company’s defined benefit retirement plans; interest rates and level of
company debt; terrorist activities, war or catastrophic events; and U.S. and
foreign economic conditions.

Copyright @2003 by Ball Aerospace & Technologies Corp.