GREIF, INC — Director's Dealing 2009

May 27, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2009-04-29

Reporting Person: HOOK JUDITH D (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-04-29	Class B Common Stock	J	10751808	$0.00	Acquired	10751808	Indirect
2009-04-29	Class A Common Stock	J	4698	$0.00	Acquired	4698	Indirect
2009-04-29	Class B Common Stock	J	211860	$0.00	Acquired	211860	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	16407	Direct
Class B Common Stock	729849	Direct
Class B Common Stock	48433	Indirect

Footnotes

F1: On April 29, 2009, Michael H. Dempsey passed away. At the time of his death, Mr. Dempsey was the sole trustee of 10 separate family trusts which had been created by the division of the Naomi C. Dempsey Trust. As a result of Mr. Dempsey's death, Judith D. Hook has been designated as a co-trustee of each of these family trusts in accordance with the applicable trust instruments.

F2: On April 29, 2009, Michael H. Dempsey passed away. At the time of his death, Mr. Dempsey was the trustee of a charitable lead annuity trust. As a result of Mr. Dempsey's death, Judith D. Hook has been designated as the trustee of this charitable lead annuity trust.

F3: 3,833 shares are subject to restriction on transfer.

F4: By grantor retained annuity trusts of which Judith D. Hook is trustee.