EXHIBIT 99.1


News
For Immediate Release
                                                       SILGAN HOLDINGS INC.
                                                       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 INCREASES DIVIDEND BY 33%
                         AND DECLARES QUARTERLY DIVIDEND


STAMFORD, CT, February 22, 2007 -- Silgan Holdings Inc. (Nasdaq:SLGN), a leading
supplier of consumer goods packaging products, announced today that based on its
strong  financial  performance  and prospects its Board of Directors  declared a
$0.16  per share  quarterly  cash  dividend,  payable  on March 19,  2007 to the
holders of record of the  common  stock of the  Company  on March 5, 2007.  This
represents a 33% increase in the Company's quarterly cash dividend.

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Silgan Holdings is a leading  manufacturer of consumer goods packaging  products
with annual net sales of approximately  $2.7 billion in 2006. Silgan operates 69
manufacturing  facilities in North and South America,  Europe and Asia. In North
America,  the  Company 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  worldwide  supplier  of  metal,
composite and plastic vacuum closures for food and beverage products.

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