UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) October 9, 2002 (October 7, 2002)

GREIF BROS. CORPORATION

(Exact name of registrant as specified in its charter)

                Delaware                                31-4388903
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     (State or other jurisdiction of                (I.R.S. Employer
     incorporation or organization)                Identification No.)

      425 Winter Road, Delaware, Ohio                    43015
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(Address of principal executive offices)                (Zip Code)	

Registrant's telephone number, including area code (740) 549-6000

Not Applicable

Former name or former address, if changed since last report.

Item 5. Other Events and Regulation FD Disclosure
Greif Bros. Corporation (the "Company") commenced trading on the New York Stock Exchange ("NYSE") on October 7, 2002. The Company's Class A and Class B Common Stock, which previously traded on the Nasdaq National Market under the ticker symbols GBCOA and GBCOB, respectively, will now trade on the NYSE under the ticker symbols GEF and GEF.B, respectively.
A press release, issued by the Company on October 7, 2002, is included herewith as Exhibit 99.
Item 7. Financial Statements and Exhibits

(c)      Exhibits:

         Exhibit Number            Description

           99                   Press release issued by Greif Bros. Corporation
                                on October 7, 2002.	

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Greif Bros. Corporation

DATE: October 9, 2002                     BY: /s/ Donald S. Huml
                                             --------------------------
                                             Donald S. Huml
                                             Chief Financial Officer
                                             (Duly Authorized Signatory)	

INDEX TO EXHIBITS

Exhibit Number                  Description

   99                           Press release issued by Greif Bros. Corporation
                                on October 7, 2002.	

Exhibit 99
Press Release Issued October 7, 2002
FOR IMMEDIATE RELEASE
GREIF BROS. CORPORATION BEGINS TRADING ON
NEW YORK STOCK EXCHANGE
DELAWARE, Ohio (October 7, 2002) - Greif Bros. Corporation (NYSE: GEF), a worldwide leader in industrial packaging, commenced trading on the New York Stock Exchange (NYSE) with today's opening bell. Greif's two classes of common stock, which previously traded on the Nasdaq market under GBCOA and GBCOB, will trade under the ticker symbols GEF and GEF.B, respectively.
"Making this move to the largest and most prestigious stock exchange in the world fits well with our strategies of global growth and improved shareholder value," said Michael J. Gasser, chairman and chief executive officer. "We believe the New York Stock Exchange is a better fit for our company because it offers investors enhanced liquidity, reduced volatility and improved information regarding their investments." Joining Mr. Gasser at the opening bell were members of the senior management team and the board of directors.
About Greif
Throughout its 125-year history, Greif has exhibited solid management and performance. The Company instituted a strategic growth plan in the mid-1990s that transformed Greif from a regional supplier to a global leader in industrial packaging. This growth included the 1998 acquisition of the industrial packaging business of U.S.-based Sonoco Products Company, which made Greif the North American leader in its field, and the 2001 acquisition of Van Leer Industrial Packaging, an international company, which greatly broadened the Company's scope in Europe and other world markets. Net sales grew from $688 million in FY1997 to $1.46 billion in FY2001.
Greif's industrial packaging business includes steel, fibre and plastic containers, primarily for the worldwide chemical, petroleum, agricultural and food processing industries. In North America, the Company also produces corrugated containers, specialty corrugated products, multiwall bags and containerboard. In addition, Greif sells pine timber from its 275,000 acres in the southeastern United States.
Greif has approximately 10,000 employees in over 40 countries. Additional information about the Company, its products and markets are on the Company's Web site at www.greif.com.