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CAMPBELL'S Co Director's Dealing 2007

Feb 8, 2007

30654_dirs_2007-02-08_9e699498-6df1-430e-b8c6-7c1c5a0baf6f.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: 2007-02-07

Reporting Person: GOLUB HARVEY (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-07	Phantom Stock	$	A	487	Acquired		Common Stock (487)	Direct

Footnotes

F1: 1-for-1

F2: Phantom shares are fully vested.

F3: 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.