CAMPBELL'S Co — Director's Dealing 2003

Oct 2, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (cpb)
CIK: 0000016732
Period of Report: 2003-09-30

Reporting Person: GOLUB HARVEY (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-30	Phantom Stock	$0	A	166	Acquired		Common Stock (166)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4000	Direct

Footnotes

F1: 1-for-1

F2: The reporting person participates in the Campbell Soup Company Deferred Compensation Plan (the "Deferred Compensation Plan"), under which these phantom stock units were credited. The value of each unit is equal to the value of one share of Campbell Soup Company Common Stock. Phantom stock units are payable in Campbell Common Stock or cash at the end of the deferral period as provided in the Campbell Soup Company Deferred Compensation Plan.