GREIF, INC — Director's Dealing 2005

Apr 8, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2005-04-07

Reporting Person: ZIMMERMAN ROBERT S (Vice President and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-07	Class A Common Stock	M	2000	$26.20	Acquired	2000	Direct
2005-04-07	Class A Common Stock	S	2000	$75.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-07	Class A Common Stock Options	$26.20	M	2000	Disposed	2012-09-05	Class A Common Stock (2000)	Direct

Footnotes

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