SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Brown Ronald L (Last) (First) (Middle) 425 WINTER ROAD (Street) DELAWARE OH 43015 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 11/01/2004	3. Issuer Name and Ticker or Trading Symbol GREIF INC [ GEF,GEF.B ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) SR VP-Global Sourcing/Sply Chn	5. If Amendment, Date of Original Filed (Month/Day/Year) 11/02/2004
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	0(1)	D
Class B Common Stock	700	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Common Stock Options (Right to Buy)	09/03/1999	09/03/2007	Class A Common Stock	10,000	30	D
Class A Common Stock Options (Right to Buy)	09/02/2000	09/02/2008	Class A Common Stock	5,000	31.75	D
Class A Common Stock Options (Right to Buy)	09/01/2001	09/01/2009	Class A Common Stock	4,000	24.25	D
Class A Common Stock Options (Right to Buy)	09/06/2002	09/06/2010	Class A Common Stock	5,000	29.188	D
Class A Common Stock Options (Right to Buy)	09/05/2003	09/05/2011	Class A Common Stock	7,000	30.59	D
Class A Common Stock Options (Right to Buy)	09/05/2004	09/05/2012	Class A Common Stock	8,000	26.2	D
Class A Common Stock Options (Right to Buy)	09/09/2005	09/09/2013	Class A Common Stock	2,000	25.43	D

Explanation of Responses:

1. The reporting person does not own any Greif Class A Common Stock.

Remarks:

Reason for amendment: Column 4 of Table II of the Form 3 filed earlier today showed a cumulative total of the Derivative Securities owned instead of the Conversion or Exercise Price of the Derivative Securities.

	Ronald L. Brown by John K. Dieker pursuant to a POA filed with the Commission.	11/02/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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