Greif, Inc.

Delaware, Ohio, USA, 14 May 2008 -– Greif, Inc. (NYSE: GEF, GEF.B) today announced plans to release second quarter 2008 results after the market closes on 04 June 2008.

The company has scheduled a conference call for 05 June 2008, at 10 a.m. Eastern Time (ET) to review the results.

To participate, domestic callers should dial 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 05 June, and ending at 11:59 p.m. ET on 12 June. 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: