CAMPBELL'S Co — Director's Dealing 2004

Sep 27, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2004-09-23

Reporting Person: DOUMANI JOHN (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-23	Stock Options (Right to buy)	$26.36	A	57500	Acquired	2014-09-23	Common Stock (57500)	Direct
2004-09-23	Phantom Stock	$	A	6500	Acquired		Common Stock (6500)	Direct
2004-09-23	Phantom Stock	$	A	6500	Acquired		Common Stock (6500)	Direct
2004-09-23	Phantom Stock	$	A	6500	Acquired		Common Stock (6500)	Direct

Footnotes

F1: The options vest cumulatively over three years at the rate of 30%, 60%, 100% respectively on the first three anniversaries of the Grant Date.

F2: 1-for-1

F3: Shares of phantom stock are payable in cash or stock from the Company's Deferred Compensation Plan upon reporting person's retirement, resignation or termination.