GREIF, INC — Director's Dealing 2011

Mar 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2011-01-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-28	Class A Common Stock	A	1393	$64.59	Acquired	20984	Direct
2011-01-04	Class B Common Stock	G	13930	$0.00	Disposed	0	Indirect
2011-01-04	Class B Common Stock	G	13930	$0.00	Acquired	2904513	Direct
2011-01-04	Class B Common Stock	G	2772	$0.00	Disposed	2901741	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	938	Indirect
Class B Common Stock	23334	Indirect
Class B Common Stock	211860	Indirect
Class B Common Stock	2127026	Indirect

Footnotes

F1: 5,274 shares are subject to restriction on transfer.

F2: Disposition between grantor retained annuity trusts, of which Judith D. Hook is the trustee, and the Judith D. Hook trust.

F3: See footnote #6 for securities owned indirectly by Judith D. Hook

F4: Gift to adult son of Judith D. Hook. Ms. Hook disclaims ownership of shares owned by her adult son.

F5: By trust of which the Reporting Person is a co-trustee.

F6: The Reporting Person is trustee of a family trust.

F7: The reporting person is trustee of a charitable lead annuity trust.

F8: The shares are subject to restriction until the earlier of February 28, 2014 or the reporting person's retirement from the Board.