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 DECLARES INCREASED QUARTERLY DIVIDEND


STAMFORD, CT, February 28, 2008 -- 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
$0.17  per share  quarterly  cash  dividend,  payable  on March 25,  2008 to the
holders of record of the common  stock of the  Company on March 11,  2008.  This
represents a 6.25% 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  $2.9 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.

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