CAMPBELL'S Co — Director's Dealing 2004

Mar 31, 2004

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2004-03-31

Reporting Person: DISILVESTRO ANTHONY (Vice President-Controller)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9802.0000	Indirect
Common Stock	22555.0000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to buy)	$31.9100	2006-06-27	Common Stock (11715.0000)		Direct
Stock Options (Right to buy)	$29.5900	2010-06-22	Common Stock (27600.0000)		Direct
Stock Options (Right to buy)	$27.9900	2011-09-28	Common Stock (29000.0000)		Direct
Stock Options (Right to buy)	$22.9500	2012-07-25	Common Stock (53235.0000)		Direct
Stock Options (Right to buy)	$26.8400	2013-09-25	Common Stock (40000.0000)		Direct

Footnotes

F1: The options vested 100% on 6/27/99.

F2: The options vested 100% on 6/22/03.

F3: The options are 60% vested and the remaining 40% will vest on 9/28/04.

F4: The options are 30% vested, an additional 30% will vest on 7/25/04 and an additional 40% will vest on 7/25/05.

F5: The options vest cumulatively over three years at the rate of 30%, 60% 100% respectively on the first three anniversaries of the Grant Date of September 25, 2003.