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 REPORTS FIRST QUARTER EARNINGS AND
                    RAISES FULL YEAR 2007 EARNINGS ESTIMATE



STAMFORD,  CT, April 26, 2007-- Silgan  Holdings Inc.  (Nasdaq:SLGN),  a leading
supplier of consumer  goods  packaging  products,  today  reported  record first
quarter  2007 net  income of $28.5  million,  or $0.75  per  diluted  share,  as
compared to first quarter 2006 net income of $17.2 million, or $0.45 per diluted
share.  Results  for 2007  included  a  pre-tax  rationalization  charge of $1.1
million,  or $0.02 per diluted  share net of tax.  Results  for 2006  included a
pre-tax  rationalization  charge of $2.2 million, or $0.03 per diluted share net
of tax. A reconciliation of net income per diluted share to "adjusted net income
per diluted  share," a Non-GAAP  financial  measure  used by the  Company  which
adjusts net income per share for certain  items,  can be found in Tables 4 and 5
at the back of this press release.

"Each of our  businesses  had a strong  start in 2007.  The  impact  of our 2006
acquisitions,  continued  focus  on  cost  reductions,  improving  manufacturing
efficiencies  and recovery of significant  cost inflation  experienced  over the
past year has  translated to  significant  profit  improvement  during the first
quarter,"  said Tony  Allott,  President  and CEO.  "Results  for our metal food
container  business  benefited from the  contractual  pass through of prior year
inflation,  a provisional  inventory build and stronger  operating  performance.
Results  in  our  closures

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SILGAN HOLDINGS
April 26, 2007
Page 2


business   benefited  from  the  addition  of  the   international   operations.
Additionally, our plastic container business outperformed a strong first quarter
of 2006 as a result of ongoing benefits from our cost reduction programs and the
inclusion  of  the  recently  acquired  Cousins-Currie   business,"  Mr.  Allott
continued.  "While some of the strength in the first quarter earnings was driven
by timing,  we are  raising  our 2007 full year  earnings  estimate by $0.05 per
share based on our first quarter  performance and our operational  outlook," Mr.
Allott concluded.

Net sales for the first  quarter of 2007 were  $650.8  million,  an  increase of
$80.9  million,  or 14.2  percent,  as compared  to $569.9  million for the same
period  in  2006.  This  increase  was  primarily  due to the  inclusion  of the
acquisitions  completed in 2006 and higher average selling prices resulting from
the pass through of inflation in raw material and other  manufacturing  costs in
the metal food container and closures businesses.

Income  from  operations  for the first  quarter of 2007 was $62.1  million,  an
increase of $22.5 million, as compared to $39.6 million for the first quarter of
2006.  This increase was a result of higher income from  operations  across each
operating  segment,  largely as a result of the acquisitions  completed in 2006,
continued  benefits  of cost  reductions  and the  contractual  pass  through of
inflation  in  other  manufacturing  costs  and the  benefits  resulting  from a
provisional inventory build in the metal food container business.

Interest and other debt expense for the first quarter of 2007 was $16.1 million,
an  increase  of $4.8  million  as  compared  to the same  period in 2006.  This
increase  was  due  to  higher  average  borrowings  as a  result  of  the  2006
acquisitions and the effects of higher market interest rates.

Metal Food Containers

Net sales of the metal food container business were $345.6 million for the first
quarter of 2007, an increase of $10.8  million,  or 3.2 percent,  over the first
quarter of 2006  primarily as a result of higher  average  selling prices due to
the pass through of inflation in raw material and other manufacturing costs.

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SILGAN HOLDINGS
April 26, 2007
Page 3


Income from  operations of the metal food  container  business  increased in the
first quarter of 2007 to $28.8 million as compared to $18.2 million for the same
period in 2006 due primarily to improved  manufacturing  performance and ongoing
cost reduction initiatives, the lagged contractual pass through beginning in the
latter part of 2006 of significant  inflation in other  manufacturing  costs and
benefits  derived  from a  provisional  inventory  build  during the  quarter in
advance  of  union  contract  negotiations  and  plant  rationalizations.  These
benefits were slightly offset by pre-tax rationalization charges of $1.1 million
for the ongoing costs associated with the plans to close the St. Paul, Minnesota
and Stockton, California metal food container facilities. As a result, operating
margin  increased  significantly  to 8.3 percent  from 5.4 percent over the same
periods.

Plastic Containers

Net sales of the plastic  container  business  were $162.4  million in the first
quarter  of 2007,  essentially  flat  versus  the same  period a year  ago.  The
inclusion of sales from  Cousins-Currie  which was acquired in December 2006 was
offset  by lower  average  selling  prices as a result  of the pass  through  to
customers of lower raw material costs and by the impact from the rationalization
of the  Valencia,  California  manufacturing  facility in the second  quarter of
2006.

Income from operations of the plastic  container  business for the first quarter
of 2007 was $19.8  million as compared to $13.8  million in the first quarter of
2006, and operating  margin  increased to 12.2 percent from 8.5 percent over the
same periods. Income from operations and operating margin increased primarily as
a  result  of  continued  cost  reductions  including  from the  closing  of the
Valencia,  California manufacturing facility, the impact from the Cousins-Currie
acquisition and rationalization charges in 2006 of $2.2 million.

Closures

Net sales of the closures  business were $142.8  million in the first quarter of
2007, an increase of $70.9 million over the first quarter of 2006 primarily as a
result of the international closures acquisitions during 2006.

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SILGAN HOLDINGS
April 26, 2007
Page 4


Income from operations of the closures  business  increased in the first quarter
of 2007 to $15.8  million as  compared  to $10.6  million for the same period in
2006 due  primarily  to the  inclusion of the  acquired  international  closures
operations.  Operating  margin for the first  quarter of 2007  decreased to 11.1
percent  from 14.7  percent  for the same  period in 2006 due  primarily  to the
inclusion  of the  international  operations,  which  generally  incur  selling,
general and administrative  expenses at a higher percentage of sales as compared
to the domestic operations.

Dividend

On March 19, 2007,  the Company paid a quarterly  cash dividend in the amount of
$0.16 per share to holders of record of common  stock of the Company on March 5,
2007. This dividend payment aggregated $6.1 million.

Outlook for 2007

Based  on the  first  quarter  financial  performance  and the  outlook  for the
remainder of 2007,  the Company has raised its  "adjusted net income per diluted
share"  estimate  for 2007 by $0.05  to a range  of $3.15 to $3.25  per  diluted
share. While the first quarter financial performance  significantly exceeded the
high-end of the Company's first quarter estimate, the current full year estimate
includes an offset to earnings of approximately  $0.20 per diluted share for the
remainder  of the year  related to  reducing  provisional  inventory  post-union
contract negotiations and plant closures.

The  Company  expects  "adjusted  net income per  diluted  share" for the second
quarter of 2007 to be in the range of $0.65 to $0.75,  as  compared  to adjusted
net income per diluted share of $0.53 in the second quarter of 2006.

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SILGAN HOLDINGS
April 26, 2007
Page 5


Conference Call

Silgan  Holdings  Inc.  will hold a  conference  call to discuss  the  Company's
results for the first  quarter of 2007 at 11:00 a.m.  eastern  time on Thursday,
April 26, 2007. The toll free number for domestic callers is (800) 479-9001, and
the number for  international  callers is (719)  457-2618.  For those  unable to
listen to the live call, a taped  rebroadcast  will be available until 5:00 p.m.
eastern time on May 4, 2007. To access the rebroadcast, the toll free number for
domestic callers is (888) 203-1112,  and the number for international callers is
(719)  457-0820.  The pass code is 9384496.


                                      * * *


Silgan  Holdings is a leading  North  American  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,  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  worldwide  supplier  of  metal,
composite and plastic vacuum closures for food and beverage products.

Statements  included in this press  release which are not  historical  facts are
forward looking  statements  made pursuant to the safe harbor  provisions of the
Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act
of 1934.  Such  forward  looking  statements  are made based  upon  management's
expectations  and beliefs  concerning  future  events  impacting the Company and
therefore  involve a number  of  uncertainties  and  risks,  including,  but not
limited to, those described in the Company's Annual Report on Form 10-K for 2006
and other filings with the Securities and Exchange  Commission.  Therefore,  the
actual results of operations or financial  condition of the Company could differ
materially from those expressed or implied in such forward-looking statements.


                                      * * *


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                              SILGAN HOLDINGS INC.
             CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
                         For the quarter ended March 31,
                 (Dollars in millions, except per share amounts)





                                                       2007        2006
                                                       ----        ----
                                                              

Net sales                                             $650.8      $569.9

Cost of goods sold                                     550.7       498.6
                                                      ------      ------

     Gross profit                                      100.1        71.3

Selling, general and administrative expenses            36.9        29.5

Rationalization charges                                  1.1         2.2
                                                      ------      ------

     Income from operations                             62.1        39.6

Interest and other debt expense                         16.1        11.3
                                                      ------      ------

     Income before income taxes                         46.0        28.3

Provision for income taxes                              17.5        11.1
                                                      ------      ------

     Net income                                       $ 28.5      $ 17.2
                                                      ======      ======

Earnings per share:
     Basic net income per share                        $0.76       $0.46
     Diluted net income per share                      $0.75       $0.45

Cash dividends per common share                        $0.16       $0.12

Weighted average shares (000's):
     Basic                                            37,613      37,271
     Diluted                                          38,105      37,829











                              SILGAN HOLDINGS INC.
              CONSOLIDATED SUPPLEMENTAL FINANCIAL DATA (UNAUDITED)
                         For the quarter ended March 31,
                              (Dollars in millions)





                                          2007          2006
                                          ----          ----
                                                   

Net sales:
     Metal food containers (a)           $345.6        $334.8
     Plastic containers                   162.4         163.2
     Closures (a)                         142.8          71.9
                                         ------        ------
         Consolidated                    $650.8        $569.9
                                         ======        ======

Income from operations:
     Metal food containers (a) (b)       $ 28.8        $ 18.2
     Plastic containers(c)                 19.8          13.8
     Closures (a)                          15.8          10.6
     Corporate                             (2.3)         (3.0)
                                         ------        ------
         Consolidated                    $ 62.1        $ 39.6
                                         ======        ======


                              SILGAN HOLDINGS INC.
                CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
                              (Dollars in millions)



                                                          March 31,     March 31,     Dec. 31,
                                                            2007          2006          2006
                                                            ----          ----          ----
                                                                                 

Assets:
     Cash and cash equivalents                            $   22.9      $    8.4      $   16.7
     Trade accounts receivable, net                          274.7         215.5         232.4
     Inventories                                             495.2         386.2         426.6
     Other current assets                                     37.1          25.1          42.1
     Property, plant and equipment, net                      904.9         753.2         894.6
     Other assets, net                                       409.3         255.2         396.0
                                                          --------      --------      --------
         Total assets                                     $2,144.1      $1,643.6      $2,008.4
                                                          ========      ========      ========

Liabilities and stockholders' equity:
     Current liabilities, excluding debt                  $  331.0      $  264.2      $  406.6
     Current and long-term debt                            1,135.3         857.0         955.6
     Other liabilities                                       284.6         236.6         279.7
     Stockholders' equity                                    393.2         285.8         366.5
                                                          --------      --------      --------
         Total liabilities and stockholders' equity       $2,144.1      $1,643.6      $2,008.4
                                                          ========      ========      ========


     (a) Prior year  results  have been  restated  to present  our new  Closures
         segment.
     (b) Includes  rationalization charges of $1.1 million in 2007.
     (c) Includes rationalization charge of $2.2 million in 2006.






                              SILGAN HOLDINGS INC.
           RECONCILIATION OF ADJUSTED NET INCOME PER DILUTED SHARE (1)
                                   (UNAUDITED)
                         For the quarter ended March 31,

                                     Table 4
                                     -------




                                                  First Quarter
                                                2007         2006
                                                ----         ----
                                                       

Net income per diluted share as reported       $0.75        $0.45

Adjustments:
  Rationalization charges, net of tax           0.02         0.03
                                               -----        -----

Adjusted net income per diluted share          $0.77        $0.48
                                               =====        =====



                              SILGAN HOLDINGS INC.
           RECONCILIATION OF ADJUSTED NET INCOME PER DILUTED SHARE (1)
                                   (UNAUDITED)
                         For the quarter and year ended,

                                     Table 5
                                     -------



                                                        Second Quarter                 Year Ended
                                                        --------------                 ----------
                                                           June 30,                   December 31,
                                                           --------                   ------------
                                                      Estimated      Actual        Estimated      Actual
                                                      ---------      ------        ---------      ------
                                                                                         

                                                    Low      High                Low      High
                                                    2007     2007     2006       2007     2007     2006
                                                    ----     ----     ----       ----     ----     ----
Net income per diluted share as estimated
  for 2007 and as reported for 2006                $0.63    $0.73    $0.43      $3.08    $3.18    $2.74

Adjustments:
  Rationalization charges, net of tax               0.02     0.02     0.10       0.07     0.07     0.29
  Cumulative prior year benefit of
     R&D tax credits                                 -        -        -          -        -      (0.15)
                                                   -----    -----    -----      -----    -----    -----
Adjusted net income per diluted share
  as estimated for 2007 and presented for 2006     $0.65    $0.75    $0.53      $3.15    $3.25    $2.88
                                                   =====    =====    =====      =====    =====    =====










(1) The  Company has  presented  adjusted  net income per diluted  share for the
periods  covered by this press  release,  which measure is a Non-GAAP  financial
measure.   The   Company's   management   believes   it  is  useful  to  exclude
rationalization  charges and the  cumulative  effect of prior year tax  benefits
recorded in 2006 attributable to tax initiatives  completed during 2006 from its
net  income per  diluted  share as  calculated  under  U.S.  generally  accepted
accounting  principles because such Non-GAAP financial measure allows for a more
appropriate evaluation of its operating results. While rationalization costs are
incurred on a regular basis,  management views these costs more as an investment
to generate savings rather than period costs. Such Non-GAAP financial measure is
not in accordance with U.S. generally accepted accounting  principles and should
not be  considered  in  isolation  but  should be read in  conjunction  with the
unaudited condensed consolidated  statements of income and the other information
presented herein.  Additionally,  such Non-GAAP  financial measure should not be
considered a substitute  for net income per diluted  share as  calculated  under
U.S.  generally  accepted  accounting  principles  and may not be  comparable to
similarly titled measures of other companies.