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BALL CORPORATION TO LAUNCH COMMISSION-FREE SELLING/PURCHASING PROGRAM FOR SMALL SHAREHOLDER ACCOUNTS

 MUNCIE, Ind., August 18 /PRNewswire/ -- Ball Corporation (NYSE: BLL) will begin tomorrow a 35-day commission-free selling/purchasing program for shareholders owning fewer than 100 shares of Ball common stock on Aug. 9. The program, which is being managed by Shareholder Communications Corporation, will enable shareholders owning fewer than 100 shares to sell all of their shares to Ball or purchase sufficient shares to reach exactly 100 shares. Shareholders will receive/pay a price per share equal to the average closing market price reported by the New York Stock Exchange for Ball's common stock from Aug. 19 through Sept. 22.
 Ball is offering the program, which will expire on Sept. 22, 1993, unless extended, to provide small account shareholders with a convenient and cost-free method of selling or purchasing shares, and, at the same time reduce Ball's overall administrative costs for shareholder services. Alltrista Corporation (NASDAQ: JARS), a publicly traded corporation that was spun off from Ball Corporation in April, will be conducting a similar commission-free program.
 Ball Corporation manufactures metal and glass containers for the beverage and food industries and provides aerospace systems and professional services to government and commercial customers.
 -0- 8/18/93
 /CONTACT: Brad Wilks of Ball Corporation, 317-747-6165, or 317-282-6198 after hours/
 (BLL JARS)


CO: Ball Corporation; Alltrista Corporaiton ST: Indiana IN: CHM HOU SU:

AR -- CL015 -- 3903 08/18/93 12:12 EDT
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Publication:PR Newswire
Date:Aug 18, 1993
Words:228
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