CAMPBELL'S Co — Director's Dealing 2004

Mar 10, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2004-03-09

Reporting Person: DANAHY TERRY (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-09	Common Stock	M	17250.0000	$21.4400	Acquired	43450.0000	Direct
2004-03-09	Common Stock	S	17250.0000	$28.1000	Disposed	26200.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-09	Stock Options (Right to buy)	$21.4400	M	17250.0000	Disposed	2013-02-19	Common Stock (17250.0000)	Direct

Footnotes

F1: The options which were granted on 2/19/2003 vest cumulatively over three years at the rate of 30%, 60% 100%, respectively on the first three anniversaries of grant date.