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Greif, Inc. Declares Fourth Quarter 2008 Dividends

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Greif Bros. Corp. (GBC)

Release date: December 9, 2008

DELAWARE, Ohio --December 9, 2008-- The Board of Directors of Greif, Inc. (NYSE: GEF, GEF.B) today declared quarterly cash dividends of $0.38 per share of Class A Common Stock and $0.56 per share of Class B Common Stock.

The dividends are payable on Jan. 1, 2009 , to shareholders of record at close of business on Dec. 22, 2008.

About Greif Greif, Inc. is a world leader in industrial packaging products and services. The company produces steel, plastic, fibre, corrugated and multiwall containers, packaging accessories, protective packaging and containerboard, and provides blending and packaging services for a wide range of industries. Greif also manages timber properties in North America. The company is strategically positioned in more than 45 countries to serve global as well as regional customers. Additional information is on the company's Web site at www.greif.com.

Contact: Deb Strohmaier, APR Vice President, Communications (740) 549-6074 debra.strohmaier@greif.com
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/

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Greif, Inc. Declares Third Quarter 2009 Dividends, Appoints John McNamara to Board
Greif, Inc. Announces Third Quarter 2009 Earnings Release and Conference Call
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Greif, Inc. Expands IBC Product Portfolio with Jielin
Greif, Inc. Announces Second Quarter 2009 Earnings Release and Conference Call
Greif, Inc. Declares First Quarter 2009 Dividends
Greif, Inc. Closes on Senior Secured Credit Facilities
Greif, Inc., Subsidiary Soterra LLC Achieves SFI Certification
Greif, Inc. Announces Fourth Quarter and Fiscal 2008 Earnings Release and Conference Call
Restructures U.S. Container Operations Network; Divests North America Steel Pail Business
Greif, Inc. Declares Third Quarter 2008 Dividends
Greif, Inc. Announces Third Quarter 2008 Earnings Release and Conference Call
Greif, Inc. Joins the World Business Council on Sustainable Development
Greif, Inc. Declares Second Quarter 2008 Dividends
Greif, Inc. Announces Second Quarter 2008 Earnings Release and Conference Call
Greif, Inc. Acquires Vietnam Steel Drum Facility
David B. Fischer Named President of Greif, Inc. Michael C. Patton to Head Greif's Paper and North America Industrial Packaging Businesses
Greif, Inc. Announces Third Quarter 2007 Earnings Release and Conference Call




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