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Silgan Updates Earnings Outlook For 2012 And Extends Tender Offer To Purchase Up To $250 Million Of Stock To February 5, 2013

The depositary for the tender offer advised the Company that, as of 5:00 p.m., New York time, on December 17, 2012, a total of 4,547,611 shares of common stock have been deposited under the tender offer. Stockholders who have already deposited their shares of common stock pursuant to the tender offer and have not withdrawn such shares need not take any further action. Tenders of shares must be made prior to the expiration of the tender offer and any shares previously tendered may be withdrawn any time prior to the expiration of the tender offer.

SILGAN STOCKHOLDERS ARE URGED TO READ THE AMENDED TENDER OFFER STATEMENT AND SUPPLEMENT NO. 1 TO THE OFFER TO PURCHASE WHEN THEY BECOME AVAILABLE AND ANY OTHER DOCUMENTS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION BECAUSE THEY CONTAIN IMPORTANT INFORMATION RELATING TO THE TENDER OFFER.

Holders of the Company’s common stock will be able to obtain these documents as they become available free of charge at the Securities and Exchange Commission’s website at www.sec.gov, or at the Securities and Exchange Commission’s public reference room located at 100 F Street, N.E., Washington, DC 20549. Please call the Securities and Exchange Commission at 1-800-SEC-0330 for further information about the public reference room. In addition, holders of the Company’s common stock will also be able to request copies of the Amended Tender Offer Statement, Supplement No. 1 to the Offer to Purchase and other filed tender offer documents free of charge by contacting Georgeson Inc., the Information Agent for the tender offer, by telephone 1-866-296-5716 (toll-free), or in writing at the following address: c/o Georgeson Inc., 199 Water Street, 26th Floor, New York, New York 10038.

This press release is for information purposes only, and is not an offer to purchase or the solicitation of an offer to sell any shares of the Company’s common stock. The solicitation of offers to purchase shares of the Company’s common stock is being made only pursuant to the tender offer documents that the Company has filed with the Securities and Exchange Commission and the Amended Tender Offer Statement and Supplement No. 1 to the Offer to Purchase that the Company will file with the Securities and Exchange Commission shortly.

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