Silgan Holdings Increases Dividend by 20% and Declares Quarterly Dividend

STAMFORD, Conn.--(BUSINESS WIRE)--March 1, 2006--Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of consumer goods packaging products, announced today that based on its strong financial performance its Board of Directors approved a $0.12 per share quarterly cash dividend, payable on March 27, 2006 to the holders of record of the common stock of the Company on March 13, 2006. This represents a 20% increase in the Company's quarterly cash dividend.

Silgan Holdings is a leading North American manufacturer of consumer goods packaging products with annual net sales of approximately $2.5 billion in 2005. Silgan operates 60 manufacturing facilities in the U.S. and Canada. 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 and of metal, composite and plastic vacuum closures for food and beverage products.

CONTACT: Silgan Holdings Inc.
Robert B. Lewis, 203-406-3160

SOURCE: Silgan Holdings Inc.

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