Market Overview

Silgan Holdings Increases Size of Its Board of Directors and Elects Leigh J. Abramson as a Member of Its Board of Directors

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Silgan Holdings Inc. (NASDAQ:SLGN), a leading supplier of rigid
packaging for consumer goods products, announced today that its Board of
Directors approved an increase in the number of Directors constituting
the Board of Directors of the Company from seven to eight members in
accordance with its Amended and Restated Certificate of Incorporation
and elected Leigh J. Abramson as a member of the Board of Directors of
the Company to fill the resulting vacancy. Mr. Abramson will serve as a
Class II Director of the Company, with the term of his position running
until the annual meeting of stockholders of the Company in 2020. Mr.
Abramson returns as a Director of the Company, having previously served
as a Director from September 1996 until July 2003.

Mr. Abramson, 50, brings more than 28 years of business experience to
the Company. Mr. Abramson has been a Managing Director and Partner of
Metalmark Capital, a private equity fund, since its founding in 2004.
Mr. Abramson focuses on the industrial and agricultural sectors.
Metalmark Capital was founded by the principals of Morgan Stanley
Capital Partners, including Mr. Abramson. Mr. Abramson was with Morgan
Stanley Capital Partners from 1992 until 2004, and he began his career
in Morgan Stanley's Investment Banking Division in 1990 until 1992. Mr.
Abramson also currently serves as a Director for several private
companies.

Silgan is a leading supplier of rigid packaging for consumer goods
products with annual net sales of approximately $4.1 billion in 2017.
Silgan operates 100 manufacturing facilities in North and South America,
Europe and Asia. The Company is a leading supplier of metal containers
in North America and Europe for food and general line products. The
Company is also a leading worldwide supplier of metal and plastic
closures and dispensing systems for food, beverage, health care, garden,
personal care, home and beauty products. In addition, the Company is a
leading supplier of plastic containers for shelf-stable food and
personal care products in North America.

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