OI European Group B.V. Announces Proposed Private Offering of Euro 500 Million of Senior Notes

PERRYSBURG, Ohio and SCHIEDAM, Netherlands, September 6, 2010 - OI European Group B.V., an indirect wholly owned subsidiary of
Owens-Illinois Group, Inc., announced that it intends to offer, subject to
market and other conditions, euro 500 million aggregate principal amount of
Senior Notes due 2020 (the "Notes") in a private offering.

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OI European Group B.V. expects to use the net proceeds received from this
offering to repay borrowings under Owens-Illinois Group, Inc.'s revolving
credit facility and for general corporate purposes, including funding
Owens-Illinois Group, Inc.'s strategic priorities.

The Notes and the guarantees thereof have not been registered under the
Securities Act of 1933, as amended (the "Securities Act"), or applicable
state securities laws. Accordingly, the Notes will be offered only to
qualified institutional buyers and to persons outside the United States in
reliance on Rule 144A and Regulation S under the Securities Act,
respectively. Unless so registered, the Notes may not be offered or sold in
the United States except pursuant to an exemption from the registration
requirements of the Securities Act and applicable state securities laws.
Prospective purchasers that are qualified institutional buyers are hereby
notified that the seller of the Notes may be relying on the exemption from
the provisions of Section 5 of the Securities Act provided by Rule 144A.

This news release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there be any sale
of these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.

Forward Looking Statements

This news release contains "forward-looking" statements within the
meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A
of the Securities Act. Forward-looking statements reflect current
expectations and projections about future events at the time, and thus
involve uncertainty and risk. It is possible that future financial
performance may differ from expectations due to a variety of risks and other
factors such as those described in Owens-Illinois Group, Inc.'s, Form 10-K
for the year ended December 31, 2009, filed with the U.S. Securities and
Exchange Commission on February 10, 2010. It is not possible to foresee or
identify all such factors. Any forward-looking statements in this news
release are based on certain assumptions and analyses made in light of
Owens-Illinois Group, Inc.'s experience and perception of historical trends,
current conditions, expected future developments and other factors it
believes are appropriate in the circumstances. Forward-looking statements are
not a guarantee of future performance and actual results or developments may
differ materially from expectations. While Owens-Illinois Group, Inc.
continually reviews trends and uncertainties affecting its results of
operations and financial condition, Owens-Illinois Group, Inc. does not
intend to update any particular forward-looking statements contained in this
news release.

"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: Statements in this press release regarding Owens-Illinois Group,
Inc.'s business which are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion of such
risks and uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk Factors" in
Owens-Illinois Group, Inc. Annual Report or Form 10-K for the most recently
ended fiscal year.

John Haudrich, +1-567-336-2700, O-I Investor Relations; or Stephanie Johnston, +1-567-336-7199, O-I Corporate Communications; NOTE TO EDITORS: Copies of Owens-Illinois news releases are available at the Owens-Illinois web site at www.o-i.com or at www.prnewswire.com.