CAMPBELL'S Co — Director's Dealing 2007

Oct 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2007-10-01

Reporting Person: WHITE DAVID R (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-19	Common Stock	G	200	$0.00	Disposed	500	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-01	Common Stock	$	A	2699	Acquired		Common Stock (2699)	Direct
2007-10-01	Common Stock	$	A	2700	Acquired		Common Stock (2700)	Direct
2007-10-01	Common Stock	$	A	21597	Acquired		Common Stock (21597)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2000	Direct
Common Stock	521	Indirect

Footnotes

F1: 1-for-1

F2: 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.