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The Registrant’s Proxy Statement for use in connection with the Annual Meeting of Shareholders to be held on February 24, 2003, portions of which are incorporated by reference into Part III of this Form 10-K, which Proxy Statement will be filed within 120 days of October 31, 2002.

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(a)

General Development of Business

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(b)

Financial Information about Segments

(c)

Narrative Description of Business

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(d)

Financial Information about Geographic Areas

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(1)

Lease expires January 18, 2004

(2)

Lease expires May 11, 2003

(3)

Lease expires July 31, 2004

(4)

Lease expires December 31, 2004

(5)

Lease expires January 9, 2007

(6)

Lease expires November 1, 2003

(7)

Lease expires February 28, 2006

(8)

Lease expires December 31, 2009

(9)

Lease expires December 31, 2047

(10)

Lease expires September 30, 2015

(11)

Lease expires February 21, 2031

(12)

Lease expires October 14, 2003

(13)

Lease expires August 31, 2003

(14)

Lease expires September 1, 2003

(15)

Lease expires July 31, 2005

(16)

Lease expires December 31, 2005

(17)

Lease expires March 31, 2014

(18)

Lease expires May 31, 2005

(19)

Lease expires December 15, 2004

(20)

Lease expires December 31, 2005

(21)

Lease expires March 31, 2006

(22)

Lease expires October 31, 2003

(23)

Lease expires July 31, 2007

(24)

Lease expires June 30, 2003

(25)

Lease expires March 31, 2004

(26)

Lease expires June 30, 2003

(27)

Lease expires August 31, 2005

(28)

Lease expires February 28, 2003

(29)

Lease expires September 30, 2003

(30)

Lease expires August 31, 2003

(31)

Lease expires April 30, 2006

(32)

Lease expires January 1, 2016

(33)

Lease expires December 31, 2006

(34)

Lease expires September 30, 2006

(35)

Lease expires January 31, 2006

(36)

Lease expires October 31, 2012

(37)

Lease expires December 31, 2004

(38)

Lease operates month to month

(39)

A first lien on this property secures payment of the Company’s obligations under its $550 million Amended and Restated Senior Secured Credit Agreement (see Item 7 – Borrowing Arrangements).

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Allowance for Accounts Receivable — We evaluate the collectibility of our accounts receivable based on a combination of factors. In circumstances where we are aware of a specific customer’s inability to meet its financial obligations to us, we record a specific allowance for bad debts against amounts due to reduce the net recognized receivable to the amount we reasonably believe will be collected. For all other customers, we recognize allowances for bad debts based on the length of time receivables are past due with allowance percentages, based on our historical experiences, applied on a graduated scale relative to the age of the receivable amounts. If circumstances change (i.e., higher than expected bad debt experience or an unexpected material adverse change in a major customer’s ability to meet its financial obligations to us), our estimates of the recoverability of amounts due to us could be reduced by a material amount.

•

Inventory Reserves — Reserves for slow moving and obsolete inventories are provided based on historical experience and product demand. We continuously evaluate the adequacy of these reserves and make adjustments to these reserves as required.

•

Net Assets Held for Sale — Net assets held for sale represent land, buildings and land improvements less accumulated depreciation for locations that have been closed, primarily as a result of the consolidation plans in the Industrial Packaging & Services segment. We record net assets held for sale in accordance with Statement of Financial Accounting Standards (“SFAS”) No. 121 at the lower of carrying value or fair value less cost to sell. Fair value is based on the estimated proceeds from the sale of the facility utilizing recent buy offers, market comparables and/or data obtained from our commercial real estate broker. Our estimate as to fair value is regularly reviewed and subject to changes in the commercial real estate markets and our continuing evaluation as to the facility’s acceptable sale price.

•

Properties, Plants and Equipment — Depreciation on properties, plants and equipment is provided on the straight-line method over the estimated useful lives of our assets. Depletion on timber properties is computed on the basis of cost and the estimated recoverable timber acquired. We believe that the lives and methods of determining depreciation and depletion are reasonable; however, using other lives and methods could provide materially different results.

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Restructuring Liabilities — Restructuring liabilities are determined in accordance with appropriate accounting guidance, including Emerging Issues Task Force (“EITF”) No. 94-3, EITF No. 95-3 and Staff Accounting Bulletin No. 100, depending upon the facts and circumstances surrounding the situation. Restructuring liabilities recorded in connection with existing and acquired companies are further discussed in the Notes to Consolidated Financial Statements included in this Annual Report.

•

Pension and Postretirement Benefits — Pension and postretirement benefit expenses are determined by our actuaries using assumptions about the discount rate, expected return on plan assets, rate of compensation increase and health care cost trend rates. Further discussion of our pension and postretirement benefit plans and related assumptions is included in Notes 11 and 12 to the consolidated financial statements included in this Annual Report. The actual results would be different using other assumptions.

•

Income Taxes — Our effective tax rate, taxes payable and the tax bases of our assets and liabilities reflect current tax rates in our domestic and foreign tax jurisdictions and our best estimate of the ultimate outcome of ongoing and potential future tax audits. Valuation allowances are established where expected future taxable income does not support the realization of the deferred tax assets.

•

Environmental Cleanup Costs — We expense environmental expenditures related to existing conditions caused by past or current operations and from which no current or future benefit is discernable. Our estimates of environmental remediation costs are based upon an evaluation of currently available facts with respect to each individual site, including the results of environmental studies and testing, and considering existing technology, presently enacted laws and regulations, and prior experience in remediation of contaminated sites. Expenditures that extend the life of the related property, or mitigate or prevent future environmental contamination are capitalized. We determine our liability on a site-by-site basis and record a liability at the time when it is probable and can be reasonably estimated. Our estimated liability is reduced to reflect the anticipated participation of other potentially responsible parties in those instances where it is probable that such parties are legally responsible and financially capable of paying their respective shares of the relevant costs. Our potential future obligations for environmental contingencies related to facilities acquired in the Van Leer Industrial Packaging acquisition may, under certain circumstances, be reduced by insurance coverage and seller cost sharing provisions. The insurance policy, which has a 10-year term, insures for environmental contingencies unidentified at the acquisition date subject to a $50 million aggregate self-insured retention. Unidentified environmental contingencies at the

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Contingencies  —  Various lawsuits, claims and proceedings have been or may be instituted or asserted against us, including those pertaining to environmental, product liability, safety and health matters. We are continually consulting legal counsel and evaluating requirements to reserve for contingencies in accordance with SFAS No. 5. While the amounts claimed may be substantial, the ultimate liability cannot currently be determined because of the considerable uncertainties that exist. Based on the facts currently available, we believe the disposition of matters that are pending will not have a material effect on the consolidated financial statements.

•

Goodwill, Other Intangible Assets and Other Long-Lived Assets — Goodwill is amortized on a straight-line basis over 15 or 25 years based on consideration regarding the age of the acquired companies, their customers and the risk of obsolescence of their products. The costs of acquired intangible assets are amortized on a straight-line basis over their estimated economic lives of 2 to 25 years. Our policy is to periodically review goodwill, other intangible assets and other long-lived assets based upon the evaluation of such factors as the occurrence of a significant adverse event or change in the environment in which the business operates, or if the expected future net cash flows (undiscounted and without interest) would become less than the carrying amount of the asset. An impairment loss would be recorded in the period such determination is made based on the fair value of the related assets.

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translations into U.S. dollars for financial reporting purposes of the assets and liabilities of our non-U.S. operations conducted in local currencies; and

•

gains or losses from non-U.S. operations conducted in currencies other than their functional currency.

•

political, social and economic instability;

•

war, civil disturbance or acts of terrorism;

•

taking of property by nationalization or expropriation without fair compensation;

•

changes in government policies and regulations;

•

imposition of limitations on conversions of non-U.S. currencies into dollars or remittance of dividends and other payments by non-U.S. subsidiaries;

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•

imposition or increase of withholding and other taxes on remittances and other payments by non-U.S. subsidiaries;

•

hyperinflation in certain non-U.S. countries; and

•

impositions or increase of investment and other restrictions or requirements by non-U.S. governments.

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(1)

Variable rate specified is based on the LIBOR rate or an alternative base rate plus a calculated margin at October 31, 2002.

(2)

The average pay rate is based upon the fixed rates we were scheduled to pay at October 31, 2002, along with one additional agreement where we pay the LIBOR rate plus 3.83%.

(3)

The average receive rate is based upon the LIBOR rates we were scheduled to receive at October 31, 2002, along with one additional agreement where we receive a fixed rate of 8.875%. The rates presented are not intended to project our expectations for the future.

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(1)

Parent column other expense amount and a related amount of other income in the Guarantor Subsidiaries column primarily relate to an intercompany royalty arrangement.

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(1)

Parent column other expense amount and a related amount of other income in the Guarantor Subsidiaries column primarily relate to an intercompany royalty arrangement.

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(1)

Parent column other expense amount and a related amount of other income in the Guarantor Subsidiaries column primarily relate to an intercompany royalty arrangement.

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(a)

The following documents are filed as part of this Report:

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(3)

Exhibits:

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*

Executive compensation plans and arrangements required to be filed pursuant to Item 601(b)(10) of Regulation S-K.

(b)

Reports on Form 8-K:

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(d)

Financial Statements of Subsidiaries Not Consolidated:

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(1)

Plan assets are primarily invested in listed stocks, bonds and cash equivalents listed on national securities exchanges.

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a)

designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this annual report is being prepared;

b)

evaluated the effectiveness of the registrant’s disclosure controls and procedures as of a date within 90 days prior to the filing date of this annual report (the “Evaluation Date”); and

c)

presented in this annual report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;

a)

all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant’s ability to record, process, summarize and report financial data and have identified for the registrant’s auditors any material weaknesses in internal control; and

b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls; and

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a)

designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this annual report is being prepared;

b)

evaluated the effectiveness of the registrant’s disclosure controls and procedures as of a date within 90 days prior to the filing date of this annual report (the “Evaluation Date”); and

c)

presented in this annual report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;

a)

all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant’s ability to record, process, summarize and report financial data and have identified for the registrant’s auditors any material weaknesses in internal control; and

b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls; and

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(A)

Includes adjustments of $7.6 million for allowance for doubtful accounts and $6.9 million for environmental reserves related to the Van Leer Industrial Packaging business acquired from Hühtamaki Van Leer Oyj on March 2, 2001.

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Executive compensation plans and arrangements required to be filed pursuant to Item 601(b)(10) of Regulation S-K.

                                                                   EXHIBIT 10(l)

                             GREIF BROS. CORPORATION
                               BOARD OF DIRECTORS
                             AUDIT COMMITTEE CHARTER

I.   MEMBERSHIP REQUIREMENTS

A.   Number. The Audit Committee of the Board of Directors (the "Board") of
     Greif Bros. Corporation (the "Company") will be composed of not less than
     three members of the Board and will be selected by the Board.

B.   Independence. The members of the Audit Committee must have no relationship
     with the Company that may interfere with the exercise of their independence
     from management and the Company ("Independent"). In addition to the
     foregoing requirement, the following restrictions apply:

o    A director who has been employed by the Corporation or its affiliates in
     the current or past three years cannot be Independent.

o    A director who has a Business Relationship (as hereinafter defined) or is a
     partner, controlling shareholder or executive officer of an organization
     that has a business relationship with the Corporation may serve on the
     Audit Committee only if the Board determines that the relationship does not
     interfere with that director's exercise of independent judgment. As used
     herein, "Business Relationship" includes commercial, industrial, banking,
     consulting, legal, accounting or any other relationship.

o    A director who is an immediate family member (including any individual who
     shares a home) of an individual who is, or has been in the past three
     years, employed by the Corporation or any of its affiliates as an executive
     officer cannot be Independent.

o    A director who has been employed as an executive of another organization
     where any of the Company's executives serve on that entity's compensation
     committee cannot be Independent.

C.   Financial Expertise. All members of the Audit Committee must be able to
     read and understand fundamental financial statements, including a company's
     balance sheet, income statement and cash flow statement, and have the
     ability to understand key business and financial risks and related controls
     and control processes. At least one director must have past employment
     experience in finance or accounting, requisite professional certification
     in accounting, or other comparable experience or background, including a
     current or past position as a chief executive or financial officer or other
     senior officer with financial oversight responsibilities.



II.  SCOPE OF RESPONSIBILITIES

A.   Generally. The Audit Committee shall provide assistance to the Board in
     fulfilling its responsibilities to the shareholders, potential shareholders
     and investment community relating to corporate accounting, reporting
     practices of the Company and the quality and integrity of the financial
     reports of the Company. In so doing, it is the responsibility of the Audit
     Committee to maintain free and open means of communication among the
     directors, the external auditors, the internal auditors and the financial
     management of the Company. The Audit Committee, through its Chairperson,
     shall report periodically to the Board, but at least semi-annually. The
     Audit Committee has the authority to engage independent legal counsel and
     other advisers as it deems necessary to carry out its duties and shall have
     access to such internal and external resources as necessary to carry out
     its responsibilities and functions. In addition to the matters expressly
     described herein, the Audit Committee will perform any other functions
     assigned by the Board or required by applicable federal and state statutes,
     rules and regulations and the rules of the securities exchange on which the
     Company's stock is listed (collectively, the "Rules and Regulations").

B.   Specific Responsibilities. The Audit Committee shall be responsible for the
     following:

1.   Appointment (including the replacement) of independent public accountants,
     approval of the compensation of all independent public accountants, and the
     oversight of all work by independent public accountants, whether for the
     purpose of preparing or issuing an audit report or for any type of
     non-audit work.

2.   Review and approval of the scope of the annual audit by independent public
     accountants (the "auditors") for the Company and its subsidiaries
     recommended jointly by the auditors and the Chief Financial Officer.

3.   Review and approval of the scope of the audits for the Company's annual
     profit and pension trusts.

4.   Review and approval of the audit plan as recommended by the Company's
     Director - Internal Audit.

5.   Requesting the Director - Internal Audit to study a particular area of
     interest or concern.

6.   Discuss with the auditors their independence from management and the
     Company and the matters included in the written disclosures required by the
     Independence Standards Board.

7.   Require the auditors to submit on a periodic basis a written statement
     delineating all relationships between the auditors and the Company, and
     review any disclosed relationships or services that may impact objectivity.

8.   Review and reassess on an annual basis the adequacy of this charter, and
     conform this charter to the requirements of applicable Rules and
     Regulations.

9.   Establish procedures for (a) the receipt, retention and treatment of
     complaints received by the Company regarding accounting, internal
     accounting controls or auditing matters, and (b) the confidential,
     anonymous submission by employees of the Company regarding questionable
     accounting or auditing matters.



10.  Review, assess and approve a code of ethical conduct for management of the
     Company (the "Code of Conduct").

C.   Recommendations to the Board. In addition, the Audit Committee will review
     the following matters and recommend action by the Board.

1.   Review major accounting policy changes before implementation.

2.   Review SEC registration statements before signature by other Board members.

3.   Review with management and the independent auditors the financial
     statements to be included in the Company's Annual Report on Form 10-K,
     including their judgment about the quality, not just acceptability, of
     accounting principles, the reasonableness of significant judgements, and
     the clarity of the disclosures in the financial statements.

4.   Review annual audit reports, including auditors' opinions and management
     letter.

D.   Summary Reports to the Board. The Audit Committee will review the following
     matters and provide summary reports to the Board when appropriate.

1.   Review trends in accounting policy changes proposed or adopted by
     organizations such as the Financial Accounting Standards Board, the
     Securities and Exchange Commission, and the American Institute of Certified
     Public Accountants.

2.   Interview independent auditors for review and analysis of strengths and
     weaknesses of the Company's financial staff, systems, adequacy of controls,
     and other factors which might be pertinent to the integrity of published
     financial reports.

3.   Review the interim financial statements with management and the independent
     auditors prior to the filing of the Company's Quarterly Report on Form
     10-Q. The Audit Committee shall discuss the results of the quarterly review
     and any other matters required to be communicated to the Audit Committee by
     the auditors under generally accepted auditing standards. The Chairperson
     of the Audit Committee may represent the entire Committee for the purposes
     of this review.

4.   Review administration of and compliance with the Company's Code of Conduct.

5.   Review schedule of insurance programs with the Director - Risk Management.

6.   Review with management any significant findings brought forward by the
     internal auditors or the auditors, sensitive data or disclosure
     requirements that are published.

7.   Review compliance with legal and regulatory items as they apply to the
     Company by discussion with the Director - Internal Audit, the auditors and
     executive management.

III. MEETINGS

The Audit Committee shall meet at least quarterly, and additional meetings may
be scheduled as considered necessary by the Audit Committee or its Chairperson.
The Audit Committee may request members of management, counsel, internal
auditors, the auditors and other persons, as applicable, to attend and
participate in its meetings. The Audit Committee shall meet periodically in
private session with only its members, but at least annually, and shall meet in
executive session



separately with the Company's Director - Internal Audit and the auditors at
least once annually. The Audit Committee should serve as a communication vehicle
for the Director - Internal Audit and the auditors to the Board. The Audit
Committee will discuss with the Director - Internal Audit the results of the
annual internal plan. The Director - Internal Audit should report directly to
the Chairperson of the Audit Committee with the Chief Financial Officer of the
Company having the day-to-day supervisory functions over the Director - Internal
Audit.

                                                                      EXHIBIT 21

                           SUBSIDIARIES OF REGISTRANT



   Name of Subsidiary                                Incorporated or Organized Under Laws of
   ------------------                                ---------------------------------------

                                                                 
American Flange & Manufacturing Co., Inc.                            Illinois
Barzon Corporation                                                   Delaware
Great Lakes Corrugated Corp.                                         Ohio
Greif Bros. Corp. of Ohio, Inc.                                      Delaware
Greif Bros. Service Corp.                                            Delaware
Greif Containers, Inc.                                               Delaware
Greif Nevada Holdings, Inc.                                          Nevada
Greif US Holdings, Inc.                                              Nevada
Sirco Systems, LLC                                                   Delaware
Soterra LLC                                                          Delaware
Tainer Transportation, Inc.                                          Delaware
Trend Pak, Inc.                                                      Ohio
Lametal del Norte S.A.                                               Argentina
Van Leer Argentina S.A.                                              Argentina
Van Leer Administration Pty Ltd.                                     Australia
Van Leer Australia Pty Limited                                       Australia
Van Leer Southeast Asia Partnership Ltd.                             Australia
Van Leer (SEA) Services Pty Ltd.                                     Australia
Austro Fass Vertriebs GmbH (51%)                                     Austria
Van Leer Belize, Ltd.                                                Belize
Van Leer Coordination Center BVBA                                    Belgium
Van Leer Muno BVBA                                                   Belgium
Greif Insurance Company Limited                                      Bermuda
Van Leer Amazonas Ltda.                                              Brazil
Van Leer Embalagens Industriais do Brasil Ltda                       Brazil
Van Leer Holding Ltda                                                Brazil
Greif Canada, Inc.                                                   Canada
Van Leer Chile SA                                                    Chile
Van Leer-Cogas SA (51%)                                              Chile
Van Leer Ningbo Packaging Ltd.                                       China
Van Leer Taicang Co. Ltd.                                            China
Van Leer Envases de Colombia SA                                      Columbia
Van Leer Envases de Costa Rica SA                                    Costa Rica
Van Leer Obaly A.S. (97.1%)                                          Czech Republic
Van Leer Danmark A/S                                                 Denmark
Van Leer Egypt LLC (75%)                                             Egypt
Greif France Holdings SAS                                            France
Van Leer Fibre et Plastique France SNC                               France
Van Leer France Holdings SAS                                         France
Van Leer France SNC                                                  France
Van Leer Grundstucksverwaltungs GmbH                                 Germany
Van Leer Verpackungen Beteilgungs GmbH                               Germany
Van Leer Verpackungen GmbH & Co. KG                                  Germany
Van Leer Elpack AEBE                                                 Greece




                                                                      EXHIBIT 21
                                                                     (continued)



   Name of Subsidiary                                Incorporated or Organized Under Laws of
   ------------------                                ---------------------------------------

                                                                  
Van Leer Envases de Guatemala S.A.                                   Guatemala
Van Leer Dunadob Kft.                                                Hungary
Balmer Lawrie - Van Leer Ltd. (40.06%)                               India
Van Leer Ireland Ltd.                                                Ireland
Van Leer Italia SpA                                                  Italy
Van Leer Jamaica Ltd.                                                Jamaica
Chuo-Sangyo Ltd.                                                     Japan
Nippon Van Leer Limited                                              Japan
Tri-Sure Japan, Ltd.                                                 Japan
Van Leer East Africa Ltd.                                            Kenya
Van Leer Cylinders Sdn. Bhd.                                         Malaysia
Van Leer Malaysia Sdn. Bhd.                                          Malaysia
Van Leer Packaging Sdn Bhd                                           Malaysia
Compania Mexicana Tri-Sure, S.A. de C.V.                             Mexico
Consorcio Van Leer Mexicana, S.A. de C.V.                            Mexico
Fibro Tambor, S.A. de C.V.                                           Mexico
Servicios Corporativos Van Leer, S.A. de C.V.                        Mexico
Van Leer Mexicana S.A. de C.V.                                       Mexico
Van Leer Mocambique Lda. (80%)                                       Mozambique
Van Leer Omafu S.A. (60%)                                            Morocco
Doclog B.V.                                                          Netherlands
Emballage Fabrieken Verma BV                                         Netherlands
Gronystaal B.V.                                                      Netherlands
Royal Packaging Industries Van Leer B.V.                             Netherlands
Paauw Holdings BV                                                    Netherlands
Tri-Sure Closure Systems B.V.                                        Netherlands
Van Leer Beheer I BV                                                 Netherlands
Van Leer Beheer II BV                                                Netherlands
Van Leer Beheer VI BV                                                Netherlands
Van Leer Beheer VII BV                                               Netherlands
Van Leer Beheer VIII BV                                              Netherlands
Van Leer Eurobottle B.V.                                             Netherlands
Van Leer Nederland B.V.                                              Netherlands
Van Leer Nederland Verpakkigen BV                                    Netherlands
Van Leer Services B.V.                                               Netherlands
Van Leer Vastgoed B.V.                                               Netherlands
Van Leer New Zealand Limited                                         New Zealand
Van Leer Containers PLC (51%)                                        Nigeria
Van Leer Philippines Inc.                                            Philippines
Van Leer Silesia Sp. Z.o.o.                                          Poland
Van Leer AquaPack Sp. Z.o.o.                                         Poland
Embalagens de Portugal Van Leer, Lda.                                Portugal
Socer-Embalagens, Ltda. (25%)                                        Portugal
Van Leer Romania Ltd.                                                Romania
LLC Van Leer Perm                                                    Russia
LLC Van Leer Volga-Don                                               Russia
LLC Van Leer Vologda                                                 Russia
ZAO Van Leer Upakovka                                                Russia
ZAO Van Leer Ural                                                    Russia
Van Leer Singapore Pte Ltd                                           Singapore
Greif Spain Holdings, SL.                                            Spain





                                                                      EXHIBIT 21
                                                                     (concluded)



   Name of Subsidiary                                Incorporated or Organized Under Laws of
   ------------------                                ---------------------------------------

                                                                  
Van Leer Espana S.A.                                                 Spain
Van Leer Iberica S.A.                                                Spain
Neptune Plastics (Pty) Ltd                                           South Africa
Van Leer AP Plastics (Pty) Ltd.                                      South Africa
Van Leer Metal Containers South Africa (Pty) Ltd.                    South Africa
Van Leer South Africa (Pty) Ltd.                                     South Africa
Van Leer Svenska AB                                                  Sweden
Van Leer Sweden Packaging AB                                         Sweden
Van Leer Thailand Co., Ltd.                                          Thailand
Van Leer Containers Ltd                                              Trinidad
Van Leer Mimaysan Ambalaj Sanayi AS (75%)                            Turkey
Van Leer Supak Ambalaj Sanayi Ticaret Ltd.                           Turkey
Van Leer Ukraine LLC                                                 Ukraine
Ecocontainer (UK) Ltd.                                               United Kingdom
Metal Containers Ltd.                                                United Kingdom
Van Leer (UK) Ltd.                                                   United Kingdom
Van Leer Uruguay S.A.                                                Uruguay
Industrias Venezolana Van Leer C.A.                                  Venezuela
Van Leer Envases de Valencia C.A.                                    Venezuela
Van Leer Venezuela, C.A.                                             Venezuela
Van Leer Zimbabwe Private Ltd.                                       Zimbabwe

                                                                   EXHIBIT 23(a)

                         Consent of Independent Auditors

     We consent to the incorporation by reference in the Registration Statements
(Form S-8 No. 333-26767) pertaining to the Greif Bros. Corporation 1996
Directors Stock Option Plan, (Form S-8 No. 333-26977) pertaining to the Greif
Bros. Corporation Incentive Stock Option Plan, (Form S-8 No. 333-35048)
pertaining to the Greif Bros. 401(k) Retirement Plan and Trust, (Form S-8 No.
333-46134) pertaining to the Greif Bros. Corporation Production Associates
401(k) Retirement Plan and Trust, (Form S-8 No. 333-46136) pertaining to the
Greif Bros. Riverville Mill Employee Retirement Savings Plan and Trust, (Form
S-8 No. 333-61058) pertaining to the Greif Bros. Corporation 2000 Nonstatutory
Stock Option Plan,(Form S-8 No. 333-61068) pertaining to the Greif Bros.
Corporation 2001 Management Equity Incentive and Compensation Plan, and (Form
S-4 No. 333-100121) pertaining to the 8 7/8% Senior Subordinated Notes due 2012,
of our report dated December 10, 2002 with respect to the consolidated financial
statements and the financial statement schedule of Greif Bros. Corporation
included in this Annual Report (Form 10-K) of Greif Bros. Corporation for the
year ended October 31, 2002.

/s/ Ernst & Young LLP

Columbus, Ohio
January 24, 2003

                                                                   EXHIBIT 23(b)

                         Consent of Independent Auditors

     We consent to the incorporation by reference in the Registration Statements
(Form S-8 No. 333-26767) pertaining to the Greif Bros. Corporation 1996
Directors Stock Option Plan, (Form S-8 No. 333-26977) pertaining to the Greif
Bros. Corporation Incentive Stock Option Plan, (Form S-8 No. 333-35048)
pertaining to the Greif Bros. 401(k) Retirement Plan and Trust, (Form S-8 No.
333-46134) pertaining to the Greif Bros. Corporation Production Associates
401(k) Retirement Plan and Trust, (Form S-8 No. 333-46136) pertaining to the
Greif Bros. Riverville Mill Employee Retirement Savings Plan and Trust, (Form
S-8 No. 333-61058) pertaining to the Greif Bros. Corporation 2000 Nonstatutory
Stock Option Plan,(Form S-8 No. 333-61068) pertaining to the Greif Bros.
Corporation 2001 Management Equity Incentive and Compensation Plan, and (Form
S-4 No. 333-100121) pertaining to the 8 7/8% Senior Subordinated Notes due 2012,
of our report dated November 25, 2002 with respect to the consolidated financial
statements of CorrChoice, Inc. and Subsidiaries included in this Annual Report
(Form 10-K) of Greif Bros. Corporation for the year ended October 31, 2002.

/s/ Ernst & Young LLP

Akron, Ohio
January 24, 2003

                                                                    EXHIBIT 99.1

                Certification Pursuant to 18 U.S.C. Section 1350,
      as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

     In connection with the Annual Report of Greif Bros. Corporation (the
"Company") on Form 10-K for the annual period ended October 31, 2002, as filed
with the Securities and Exchange Commission on the date hereof (the "Report"),
I, Michael J. Gasser, the chief executive officer of the Company, certify,
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that to my knowledge:

     (1)  The Report fully complies with the requirements of section 13(a) or
          15(d) of the Securities Exchange Act of 1934; and

     (2)  The information contained in the Report fairly presents, in all
          material respects, the financial condition and results of operations
          of the Company.

Date:  January 24, 2003                            /s/ Michael J. Gasser
       ----------------                            -----------------------------
                                                   Michael J. Gasser
                                                   Chairman and Chief Executive
                                                   Officer

                                                                    EXHIBIT 99.2

                Certification Pursuant to 18 U.S.C. Section 1350,
      as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

     In connection with the Annual Report of Greif Bros. Corporation (the
"Company") on Form 10-K for the annual period ended October 31, 2002, as filed
with the Securities and Exchange Commission on the date hereof (the "Report"),
I, Donald S. Huml, the chief financial officer of the Company, certify, pursuant
to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that to my knowledge:

     (1)  The Report fully complies with the requirements of section 13(a) or
          15(d) of the Securities Exchange Act of 1934; and

     (2)  The information contained in the Report fairly presents, in all
          material respects, the financial condition and results of operations
          of the Company.

Date:  January 24, 2003                              /s/ Donald S. Huml
       ----------------                              ---------------------------
                                                     Donald S. Huml
                                                     Chief Financial Officer