GREIF, INC — Director's Dealing 2011

Dec 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF, GEF-B)
CIK: 0000043920
Period of Report: 2011-10-12

Reporting Person: Ragan Virginia D. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-12	Class B Common Stock	J	525140	—	Acquired	525140	Indirect
2011-11-02	Class B Common Stock	G	300000	—	Disposed	3016914	Direct
2011-11-02	Class B Common Stock	G	300000	—	Acquired	300000	Indirect
2011-11-02	Class B Common Stock	G	57900	—	Disposed	2959014	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	23334	Indirect
Class B Common Stock	2127026	Indirect

Footnotes

F1: The reported shares are owned by a charitable foundation. The reporting person was elected as president of this charitable foundation on October 12, 2011. As president, the reporting person has the authority to make investment decisions with respect to the reported shares.

F2: Shares owned by charitable foundation. The reporting person is president of this charitable foundation.