Exhibit 12
SILGAN HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
The following table sets forth Silgan Holdings Inc.'s computation of its ratio
of earnings to fixed charges for the periods presented:
Three Months Ended Six Months Ended
------------------ ----------------
June 30, June 30, June 30, June 30,
2008 2007 2008 2007
---- ---- ---- ----
(Dollars in thousands)
Earnings before fixed charges:
Income before income taxes $50,144 $41,555 $ 83,670 $ 87,551
Interest and other debt expense 14,802 16,909 31,115 33,008
Interest portion of rental expense 254 406 596 795
------- ------- -------- --------
Earnings before fixed charges $65,200 $58,870 $115,381 $121,354
======= ======= ======== ========
Fixed charges:
Interest and other debt expense $14,802 $16,909 $ 31,115 $ 33,008
Interest portion of rental expense 254 406 596 795
Capitalized interest 533 598 1,221 1,195
------- ------- -------- --------
Total fixed charges $15,589 $17,913 $ 32,932 $ 34,998
======= ======= ======== ========
Ratio of earnings to fixed charges 4.18 3.29 3.50 3.47