EXHIBIT 99.1




News                                                   SILGAN HOLDINGS INC.
For Immediate Release                                  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 ANNOUNCES AGREEMENT WITH GRUP VEMSA
                  TO ACQUIRE ITS METAL VACUUM CLOSURE BUSINESS



STAMFORD, CT, February 19, 2008 -- Silgan Holdings Inc. (Nasdaq:SLGN), a leading
supplier of  consumer  goods  packaging  products,  announced  today that it has
entered  into a  definitive  purchase  agreement  with Grup Vemsa 1857,  S.L. to
acquire  substantially  all of the assets of its metal vacuum closures  business
which  operates  under the names Vem de Tapas  Metalicas in Spain and Vac Vem in
China.  The  business,  which had sales of  approximately  EUR 20.0  million (or
approximately  US $28.7 million at current exchange rates) for the latest twelve
months, is headquartered in Torello,  Spain and has manufacturing  operations in
Torello,  Spain and  Dongguan,  China.  The  Company  expects  to  continue  the
manufacturing  operations  in  Torello,  Spain and will  move the  assets of the
Chinese  operation  into its  existing  facility in China.  The  transaction  is
expected to close during the first quarter of 2008, subject to specified closing
conditions.  The aggregate  purchase price for the assets is EUR 6.8 million (or
approximately US $10 million at current exchange rates),  and the transaction is
expected to be neutral to earnings in 2008.



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SILGAN HOLDINGS
February 19, 2008
Page 2



"We  believe  Vem and  VacVem  represent  an  excellent  fit with  our  closures
business," said Bob Lewis, Silgan's Executive Vice President and Chief Financial
Officer.  "This  acquisition  represents  another step toward  consolidating the
international  vacuum closure  market.  By combining these  businesses,  we have
strengthened our competitive position in the growing Southern European and Asian
markets," Mr. Lewis concluded.

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Silgan Holdings is a leading  manufacturer of consumer goods packaging  products
with annual net sales of approximately  $2.9 billion in 2007. Silgan operates 68
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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