CAMPBELL'S Co — Director's Dealing 2007

Sep 7, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2007-07-29

Reporting Person: VAN BEUREN JOHN A (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-21	Capital Stock	Z	301202	—	Disposed	5549001	Indirect
2006-11-21	Capital Stock	Z	301202	—	Acquired	5549001	Indirect
2007-02-22	Capital Stock	Z	300000	—	Disposed	5549001	Indirect
2007-02-22	Capital Stock	Z	300000	—	Acquired	5549001	Indirect
2007-05-22	Capital Stock	Z	200000	—	Disposed	5549001	Indirect
2007-05-22	Capital Stock	Z	200000	—	Acquired	5549001	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Capital Stock	2993279	Direct
Capital Stock	10901274	Indirect

Footnotes

F1: Exempt withdrawal of shares from a Voting Trust pursuant to Rule 16b-8. Following withdrawal from the voting trust, the shares were held in a family partnership and remained indirectly beneficially owned by the Reporting Person. The transactions involved a change in the form of indirect beneficial ownership and did not constitute an acquisition or disposition of shares by the Reporting Person.

F2: Interests held by family trusts, partnerships and corporation. The filing of this Form should not be deemed as an admission that the Reporting Person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of these securities. The Reporting Person did not pay or receive consideration in connection with the transactions. The Reporting Person notes that in reports on Form 4 filed to report transactions occurring on May 24, 25 and 29, 2007, due to a typographical error, the transaction date indicated in Column 3 of Table I was incorrectly stated as "2006" rather than "2007."