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Press Release

Greif Bros. Corp. (GBC)

Release date: May 14, 2008

Greif, Inc. Announces Second Quarter 2008 Earnings Release and Conference Call

DELAWARE, Ohio (May 14, 2008) - Greif, Inc. (NYSE: GEF, GEF.B) today announced plans to release second quarter 2008 results after the market closes on Wednesday, June 4, 2008.

The Company has scheduled a conference call for Thursday, June 5, 2008, at 10 a.m. Eastern Time (ET) to review the results.

To participate, domestic callers should call 800-240-2134 and ask for the Greif conference call. The number for international callers is +1 303-262-2139. Phone lines will open at 9:50 a.m. ET.

A taped replay will be available beginning at approximately 12 p.m. (noon) ET on Thursday, June 5, and ending at 11:59 p.m. ET on Thursday, June 12. The playback telephone numbers are 800-405-2236 for domestic callers and +1 303-590-3000 for international callers. The passcode is 11113000#.

A digital replay of the conference call will also be available approximately one hour following the call on the company's Web site: www.greif.com.

Contact: Media: Debra Strohmaier, APR Vice President, Corporate Communications +1 740 549 6074

Analysts: Robert A. Lentz Robert A. Lentz Associates +1 614 876 2000

Company Information:
Name: Greif Bros. Corp. (GBC)
Address: 425 Winter Rd.
City: Delaware
State: OH
ZIP: 43015
Country: USA
Phone: 740-549-6000
FAX: 740-549-6100
http://www.greif.com/

More New Product News from this company:
May 22, 2002 - Knock-Down Drums reduce transportation costs.
May 16, 2002 - Water Bottles allow transportation of 30% more water.

Other News from this company:
Aug 18, 2008 - Greif, Inc. Announces Third Quarter 2008 Earnings Release and Conference Call
Jul 01, 2008 - Greif, Inc. Joins the World Business Council on Sustainable Development
Jun 02, 2008 - Greif, Inc. Declares Second Quarter 2008 Dividends
May 06, 2008 - Greif, Inc. Acquires Vietnam Steel Drum Facility
Sep 19, 2007 - David B. Fischer Named President of Greif, Inc. Michael C. Patton to Head Greif's Paper and North America Industrial Packaging Businesses
Aug 21, 2007 - Greif, Inc. Announces Third Quarter 2007 Earnings Release and Conference Call
Jun 27, 2007 - Greif, Inc. Opens Fourth New Steel Drum Plant in China
Jun 27, 2007 - Greif, Inc. Responds to Provisional Findings by UK Competition Commission
May 21, 2007 - Greif Opens Steel Drum Plant in Angarsk, Russia
Oct 26, 2006 - Greif Expands In Europe and Asia
Sep 22, 2006 - Greif Acquires Leading USA Oil and Specialty Chemical Packager

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