GREIF, INC.

POWER OF ATTORNEY
FOR FORMS 3, 4, AND 5 FILINGS

The undersigned, an officer and/or director of Greif, Inc.,
a Delaware corporation (the Company), hereby constitutes and appoints
Gary R. Martz, John K. Dieker, and Robert S. Zimmerman, and each of
them, my true and lawful attorneys-in-fact and agents, with full power
to act without the other, with full power of substitution and
resubstitution, for me and in my name, place, and stead, in any and
all of my capacities for the Company, to sign all Forms 3, 4, or 5
required to be filed by me with the Securities and Exchange Commission
(the Commission) pursuant to Section 16(a) of the Securities Exchange
Act of 1934 and the rules and regulations promulgated thereunder,
including any and all amendments to any of the foregoing, relating to
the Company, and to file the same with the Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and
authority to do and perform each and every act and thing requisite and
necessary to be done, as fully to all intents and purposes as the
undersigned might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents or any of them
or their or his substitute or substitutes may lawfully do or cause to
be done by virtue hereof.

The undersigned has executed and delivered this Power of Attorney on
the date set forth below.

Dated:        9/23/02                     /s/ Michael H. Dempsey
                                        Signature of Officer/Director
                                        Michael H. Dempsey, Director
                                        Print Name and Title

NAOMI C DEMPSEY TRUST 3