O-I Announces New Treasurer

Catherine Neel to bring extensive global experience to O-I treasury role.

Owens-Illinois, Inc. (NYSE: OI) announces that Catherine Neel has been named vice president and treasurer.

Neel will be responsible for management of the company´s worldwide financial assets and domestic and international financing. She also will lead the company´s global treasury and risk management functions. Neel was formerly vice president and corporate controller at NII Holdings, a multi-billion dollar telecommunications services company.

"Ms. Neel brings extensive global treasury experience to O-I. She will play an instrumental role in supporting our corporate priorities, including merger and acquisition activity related to strategic and profitable growth," said Ed White, senior vice president and chief financial officer.

In addition to her 10 years at NII Holdings, where she held senior positions in corporate finance, Neel worked for 10 years at Bellsouth Corporation in treasury, tax and internal auditing roles.

About O-I
Millions of times a day, O-I glass containers deliver many of the world´s best-known consumer products to people all around the world. With the leading position in Europe, North America, Asia Pacific and Latin America, O-I manufactures consumer-preferred, 100 percent recyclable glass containers that enable superior taste, purity, visual appeal and value benefits for our customers´ products. Established in 1903, the company employs nearly 23,000 people with 78 manufacturing facilities in 21 countries. In 2008, net sales were $7.9 billion.