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CAMPBELL'S Co Director's Dealing 2005

Dec 8, 2005

30654_dirs_2005-12-08_d1a77027-1252-44e4-b3ec-37b5abbf2c5d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2005-12-06

Reporting Person: DORRANCE BENNETT (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-12-06 Common Stock M 2176 $27.60 Acquired 10789551 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-12-06 Stock Option (Right to Buy) $27.60 M 2176 Disposed 2006-01-01 Common Stock (2176) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 18000000 Indirect
Common Stock 2419355 Indirect
Common Stock 20000000 Indirect
Common Stock 1084734 Indirect

Footnotes

F1: Bennett Dorrance is the sole Trustee of the Bennett Dorrance Trust. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F2: Held by Guillermo Investments, LLC of which Mr. Dorrance is a majority owner. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F3: Held by Clarabelle Investments LLC of which Mr. Dorrance is a majority owner. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F4: Held by a limited partnership (ABD) of which Mr. Dorrance is a majority general partner. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F5: Held as one of the Trustees for the trusts of Mr. Dorrance's children and he disclaims beneficial ownership of such shares.