Exhibit 99.1


News
For Immediate Release                                  SILGAN HOLDINGS
                                                       4 Landmark Square
                                                       Suite 400
                                                       Stamford, CT  06901

                                                       Telephone: (203) 975-7110
                                                       Fax:       (203) 975-7902


                                                        Contact:
                                                        Robert B. Lewis
                                                        (203) 406-3160


                   SILGAN HOLDINGS DECLARES QUARTERLY DIVIDEND


STAMFORD, CT, November 2, 2006 -- Silgan Holdings Inc. (Nasdaq:SLGN),  a leading
supplier of consumer goods packaging products, announced today that its Board of
Directors has declared a quarterly cash dividend on its common stock.  The Board
of Directors  approved a $0.12 per share  quarterly  cash  dividend,  payable on
December  15,  2006 to the  holders of record of common  stock of the Company on
December 1, 2006.

                                      * * *

Silgan  Holdings is a leading  North  American  manufacturer  of consumer  goods
packaging products with annual pro forma net sales of approximately $2.8 billion
in 2005.  Silgan operates 64  manufacturing  facilities in the U.S.,  Canada and
Europe. In North America, Silgan is the largest supplier of metal containers for
food  products and a leading  supplier of plastic  containers  for personal care
products.  In addition,  Silgan is a leading  supplier of metal,  composite  and
plastic  vacuum  closures  for food and beverage  products in North  America and
Europe.

                                      * * *