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SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940 		 
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1. Name and Address of Reporting Person*
Longthorne Matthew Gale
(Last) (First) (Middle)
ONE SEAGATE
(Street)
TOLEDO OH 43666
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/20/2004 		3. Issuer Name and Ticker or Trading Symbol
OWENS ILLINOIS INC /DE/ [ OI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President & Controller
 5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 9,000 D
Common Stock 5,978.0682 I 401K Plan
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) (1) 01/03/2011 Common Stock 2,000 5.6875 D
Non-Qualified Stock Option (right to buy) (1) 02/18/2013 Common Stock 2,700 9.93 D
Non-Qualified Stock Option (right to buy) (1) 01/03/2012 Common Stock 3,000 9.99 D
Non-Qualified Stock Option (right to buy) (1) 03/11/2014 Common Stock 3,000 12.68 D
Non-Qualified Stock Option (right to buy) (1) 06/30/2005 Common Stock 750 13.25 D
Non-Qualified Stock Option (right to buy) (1) 05/02/2010 Common Stock 5,000 13.5 D
Non-Qualified Stock Option (right to buy) (1) 06/26/2006 Common Stock 1,000 16.5 D
Non-Qualified Stock Option (right to buy) (1) 04/08/2009 Common Stock 3,500 23.9375 D
Non-Qualified Stock Option (right to buy) (1) 07/18/2007 Common Stock 1,500 31.625 D
Non-Qualified Stock Option (right to buy) (1) 05/06/2008 Common Stock 2,500 39.9375 D
Explanation of Responses:
1. Grant of option to purchase shares of common stock under the 1997 Equity Participation Plan of Owens-Illinois, Inc. The option becomes exercisable in 50% increments on the fifth and sixth anniversaries of the date of the grant, respectively, subject to earlier exercise after the first anniversary of the grant based on stock price targets being met.
By: James W. Baehren For: Matthew G. Longthorne 10/26/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY

	Know all by these presents, that the undersigned hereby
constitutes and appoints each of Thomas L. Young and James
W. Baehren, signing singly, the undersigned's true and lawful
attorney-in-fact to:

	(1)	execute for and on behalf of the undersigned,
in the undersigned's capacity as an officer and/or director of
Owens-Illinois, Inc. (the "Company"), Forms 3, 4, and 5 in
accordance with Section 16(a) of the Securities Exchange
Act of 1934 and the rules thereunder;

	(2)	do and perform any and all acts for and on
behalf of the undersigned which may be necessary or desirable
to complete and execute any such Form 3, 4, or 5 and timely
file such form with the United States Securities and Exchange
Commission and any stock exchange or similar authority; and

	(3)	take any other action of any type whatsoever
in connection with the foregoing which, in the opinion of
such attorney-in-fact, may be of benefit to, in the best
interest of, or legally required by, the undersigned, it
being understood that the documents executed by
such attorney-in-fact on behalf of the undersigned
pursuant to this Power of Attorney shall be in such
form and shall contain such terms and conditions as
such attorney-in-fact may approve in such attorney-in-fact's
discretion.

	The undersigned hereby grants to each such
attorney-in-fact full power and authority to do and
perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any
of the rights and powers herein granted, as fully to
 all intents and purposes as the undersigned might
or could do if personally present, with full power
of substitution or revocation, hereby ratifying and
confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this
power of attorney and the rights and powers
herein granted.  The undersigned acknowledges
that the foregoing attorneys-in-fact, in serving in
 such capacity at the request of the undersigned,
are not assuming, nor is the Company assuming,
any of the undersigned's responsibilities to comply
with Section 16 of the Securities Exchange Act of 1934.

	This Power of Attorney shall remain in full
force and effect until the undersigned is no longer
required to file Forms 3, 4, and 5 with respect to
the undersigned's holdings of and transactions in
securities issued by the Company, unless earlier
revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.

	IN WITNESS WHEREOF, the undersigned
has caused this Power of Attorney to be executed
as of this 21st day of October, 2004.


/s/ Matthew G. Longthorne ___
Signature

_____________________________
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