Company News Release

FOR IMMEDIATE RELEASE

For more information, contact:
Erin Crandall
O-I Investor Relations                           
(567) 336-2355                          
erin.crandall@o-i.com
                                               

O-I ANNOUNCES EARLIER START TIME FOR THE FOURTH QUARTER 2012 EARNINGS CONFERENCE CALL AND WEBCAST

PERRYSBURG, Ohio (January 22, 2012) - Owens-Illinois, Inc. (NYSE: OI) plans to start its fourth quarter 2012 conference call and webcast 30 minutes earlier than previously announced. The call and webcast will start at 8:00 a.m. EST on Thursday, January 31, 2013. Due to the high number of earnings announcements on January 31, 2013, the company has decided to host the call earlier to facilitate participation from the investment community. The company's news release for the fourth quarter 2012 earnings will be issued after market close on Wednesday, January 30, 2013.

What:         O-I Conference Call and Webcast
The earnings release, reconciliations of fourth-quarter and full-year sales, segment operating profit and earnings per share, including comparisons to prior year, will be posted at the time of the release on the O-I Web site,
www.o-i.com/investorrelations.

When:        Thursday, January 31, at 8:00 a.m. EST

Where:     

Contact:    Erin Crandall
(567) 336-2355
erin.crandall@o-i.com

The webcast will be archived at www.o-i.com/investors  until January 2014. 

To participate in the event via conference call, dial 1-888-733-1701 (U.S. and Canada) or 706-634-4943 (International) by 7:50 a.m. EST on January 31. Ask for the O-I conference call.
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About O-I
Owens-Illinois, Inc. (NYSE: OI) is the world's largest glass container manufacturer and preferred partner for many of the world's leading food and beverage brands. With revenues of $7.4 billion in 2011, the Company is headquartered in Perrysburg, Ohio, USA, and employs more than 24,000 people at 81 plants in 21 countries. O-I delivers safe, effective and sustainable glass packaging solutions to a growing global marketplace. For more information, visit www.o-i.com.