GREIF, INC — Director's Dealing 2004

Jan 21, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2004-01-20

Reporting Person: MARTZ GARY R (Senior VP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-20	Class A Common Stock	A	237	$37.18	Acquired	1008	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	300	Direct