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

DELAWARE, Ohio, May 22  /PRNewswire-FirstCall/ -- Greif, Inc. (NYSE:GEFNYSE:GEF.B) today announced plans to release second quarter 2007 results after the market closes on Wednesday, June 6, 2007.

The Company has scheduled a conference call for Thursday, June 7, 2007, at 10 a.m. Eastern Time (ET) to review the results.

To participate, domestic callers should call 800-218-0204 and ask for the Greif conference call. The number for international callers is [phone]. Phone lines will open at 9:50 a.m. ET.

A taped replay will be available beginning at approximately 1 p.m. ET on Thursday, June 7, and ending at 11:59 p.m. ET on Tuesday, June 12. The playback telephone numbers are 800-405-2236 for domestic callers and [phone] for international callers. The passcode is 11090670#.

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

DATASOURCE: Greif, Inc.



CONTACT: Media: Debra Strohmaier, APR, Director, Corporate Communications

of Greif, Inc., [phone]; or Analysts: Robert A. Lentz of Robert A.

Lentz Associates, [phone]



Web site:  http://www.greif.com/

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