Correction: Greif, Inc. Declares Quarterly Cash Dividends DELAWARE, Ohio, March 1 /PRNewswire-FirstCall/ -- The Board of Directors of Greif, Inc., (NYSE: GEF; GEF.B) today declared quarterly cash dividends of $0.16 per share of Class A Common Stock and $0.24 per share of Class B Common Stock. The dividends are payable on April 1, 2005, to shareholders of record at close of business on March 18, 2005. About Greif Greif is a world leader in industrial packaging products and services. The Company provides extensive expertise in steel, plastic, fibre, corrugated and multiwall containers for a wide range of industries. Greif also produces containerboard and manages timber properties in the United States. Greif is strategically positioned in more than 40 countries to serve multinational as well as regional customers. Additional information is on the Company's web site at http://www.greif.com/ . DATASOURCE: Greif, Inc. CONTACT: Deb Strohmaier, APR, Director, Communications of Greif, Inc., +1-740-549-6074, or Web site: http://www.greif.com/

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