GREIF, INC — Director's Dealing 2005

Jun 27, 2005

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2005-06-20

Reporting Person: Signorelli Ivan (Senior VP IP&S - Europe)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	0	Direct
Class B Common Stock	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Stock Options (Right to Buy)	$25.43	2013-09-09	Class A Common Stock (1500)		Direct
Class A Common Stock Options (Right to Buy)	$48.13	2014-12-03	Class A Common Stock (1500)		Direct

Footnotes

F1: The reporting person does not own any Greif Class A Common Stock.

F2: The reporting person does not own any Greif Class B Common Stock.