Greif (GEF) 8-K Greif, Inc. Reports Improved Third Quarter Results

Exhibit 99.3

AMENDMENT TO BY-LAWS

August 31, 2004

Article II, Section 1 shall be deleted and the following shall be inserted in lieu thereof:

“Section 1.Number of Directors. Until changed in accordance with the provisions of Article IX, below, the number of Directors of the Corporation shall be nine.”