GREIF, INC — Director's Dealing 2004

Jan 9, 2004

SEC Form 4/A — Form 4/A

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2004-01-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-07	Class A Common Stock	M	500	$24.25	Acquired	500	Direct
2004-01-07	Class A Common Stock	S	200	$36.18	Disposed	300	Direct
2004-01-07	Class A Common Stock	S	300	$36.15	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-07	Class A Common Stock	$24.25	M	500	Disposed	2009-09-01	Class A Common Stock (500)	Direct