Silgan (SLGN) 10-Q 2012 Q2 Quarterly report

Exhibit 12

SILGAN HOLDINGS INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited)

The following table sets forth Silgan Holdings Inc.’s computation of its ratio of earnings to fixed charges for the periods presented:

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2012		2011		2012		2011
	(Dollars in thousands)
Earnings before fixed charges:
Income before income taxes	$	13,907	$	78,016	$	64,080	$	117,720
Interest and other debt expense(1)		54,732		16,446		70,322		30,385
Interest portion of rental expense		127		214		274		370
Earnings before fixed charges	$	68,766	$	94,676	$	134,676	$	148,475
Fixed charges:
Interest and other debt expense(1)	$	54,732	$	16,446	$	70,322	$	30,385
Interest portion of rental expense		127		214		274		370
Capitalized interest		62		173		129		360
Total fixed charges	$	54,921	$	16,833	$	70,725	$	31,115
Ratio of earnings to fixed charges		1.25		5.62		1.90		4.77

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(1)   Includes a loss on early extinguishment of debt of $38.7 million for the three and six months ended June 30, 2012.