FOR IMMEDIATE RELEASE

For more information, contact:
Sasha Sekpeh
O-I Investor Relations
567-336-5128
alexandra.sekpeh@o-i.com

O-I CEO-Elect to Present at the Bank of America Merrill Lynch
2015 Paper, Packaging and Builders Conference

PERRYSBURG, Ohio (Dec. 4, 2015) - Owens-Illinois, Inc. (NYSE: OI) today provided an update on the Company's participation in the Bank of America Merrill Lynch 2015 Paper, Packaging and Builders Conference on Thursday, Dec. 10, 2015, in Boston.

O-I CEO-Elect Andres Lopez will present at 10:15 a.m., EST. A live webcast of the presentation will be available at:
http://www.veracast.com/webcasts/baml/paperandpackaging2015/id51205284529.cfm

The replay from the conference will be available within 24 hours of the presentation and will be archived through this link for 90 days.

Slides from the O-I presentation will be posted on the company's website, http://www.o-i.com/investors/, before market opens on Dec.10.

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. The Company had revenues of $6.8 billion in 2014. Following the acquisition of Vitro's food and beverage business, the company now employs approximately 27,000 people at 81 plants in 23 countries. With global headquarters in Perrysburg, Ohio, U.S., O-I delivers safe, sustainable, pure, iconic, brand-building glass packaging to a growing global marketplace. For more information, visit o-i.com.

O-I's Glass Is Life(TM) movement promotes the widespread benefits of glass packaging in key markets around the globe. Learn more about the reasons to choose glass and join the movement at glassislife.com.

The Company routinely posts important information on its website - www.o-i.com/investors.

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