CAMPBELL'S Co — Director's Dealing 2006

Jan 4, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2006-01-01

Reporting Person: WEBER CHARLOTTE C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-01	Common Stock	A	1612	$0.00	Acquired	27227	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-01	Stock Options	$29.91	A	10336	Acquired	2016-01-01	Common Stock (10336)	Direct
2005-12-30	Phantom Stock	$	A	20	Acquired		Common Stock (20)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	514	Indirect
Common Stock	6717244	Indirect
Common Stock	17049	Indirect
Common Stock	11058785	Indirect

Footnotes

F1: Includes dividend reinvestment shares.

F2: Shares held under the Deed of Trust of Charlotte C. Weber dated May 10, 1968 ("1968 Trust"). The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.

F3: Shares held by CSCS Holdings Limited Partnership, a Delaware limited partnership ("CSCS LP") of which the Trustees (including the reporting person) under the 1968 Trust and the Charlotte C. Weber Year 2002 Grantor Retained Annuity Trust are the limited partners and CSCS Holdings, Inc. ("CSCS Inc."), a corporation owned by the reporting person, is the general partner. The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.

F4: Shares held by CSCS Inc. See footnote (3). The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.

F5: Shares held by Suppe Holdings Limited Partnership ("Suppe"), a Delaware limited partnership of which CSCS Inc. is the general partner and the 1968 Trust is the limited partner. The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.

F6: The options vest cumulatively over three years at the rate of 30%, 60%, 100% respectively on the first three anniversaries of the Grant Date.

F7: 1-for-1

F8: Phantom shares are fully vested and immediately exercisable.

F9: 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.