GREIF, INC — Director's Dealing 2004

Jun 14, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2004-06-10

Reporting Person: YOUNG ROBERT A (VP and Director of Taxes)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-06-10	Class A Common Stock	M	1000	$29.188	Acquired	1000	Direct
2004-06-10	Class A Common Stock	M	4000	$30.59	Acquired	5000	Direct
2004-06-10	Class A Common Stock	S	1000	$39.18	Disposed	4000	Direct
2004-06-10	Class A Common Stock	S	4000	$39.18	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-06-10	Class A Common Stock	$29.188	M	1000	Disposed	2010-09-06	Class A Common Stock (1000)	Direct
2004-06-10	Class A Common Stock	$30.59	M	4000	Disposed	2011-09-05	Class A Common Stock (4000)	Direct