CAMPBELL'S Co — Director's Dealing 2007

Jun 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2007-06-01

Reporting Person: DISILVESTRO ANTHONY (Vice President-Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-01	Common Stock	M	27600	$29.59	Acquired	96248	Direct
2007-06-01	Common Stock	M	29000	$27.99	Acquired	125248	Direct
2007-06-01	Common Stock	S	10300	$39.95	Disposed	114948	Direct
2007-06-01	Common Stock	S	6000	$39.96	Disposed	108948	Direct
2007-06-01	Common Stock	S	2100	$39.97	Disposed	106848	Direct
2007-06-01	Common Stock	S	23200	$39.98	Disposed	83648	Direct
2007-06-01	Common Stock	S	7500	$39.99	Disposed	76148	Direct
2007-06-01	Common Stock	S	7500	$40.00	Disposed	68648	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-01	Stock Options (Right to Buy)	$29.59	M	27600	Disposed	2010-06-22	Common Stock (27600)	Direct
2007-06-01	Stock Options (Right to Buy)	$27.99	M	29000	Disposed	2011-09-28	Common Stock (29000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11290	Indirect

Footnotes

F1: The options vested cumulatively over three years at the rate of 30%, 60% and 100% respectively on the first three anniversaries of the grant date of 6/22/2000.

F2: The options vested cumulatively over three years at the rate of 30%, 60% and 100% respectively on the first three anniversaries of the grant date of 9/28/2001.