CAMPBELL'S Co — Director's Dealing 2007

Jan 3, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: vanBeuren Archbold D (Senior Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1100184	Direct
Common Stock	16046	Indirect
Common Stock	6086	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to Buy)	$42.53	2009-06-24	Common Stock (8325)		Direct
Stock Options (Right to Buy)	$27.99	2011-09-28	Common Stock (29000)		Direct
Stock Options (Right to Buy)	$22.95	2012-07-25	Common Stock (32200)		Direct
Stock Options (Right to Buy)	$26.84	2013-09-25	Common Stock (50000)		Direct
Stock Options (Right to Buy)	$26.36	2014-09-23	Common Stock (41400)		Direct
Phantom Stock	$		Common Stock (930)		Direct

Footnotes

F1: Interests held by family trusts through a family corporation. The filing of this Form should not be deemed as an admmission 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.

F2: The options vested 100% on 6/24/02.

F3: The options vested 100% on 9/28/04.

F4: The options vested 100% on 7/25/05.

F5: The options vested 100% on 9/25/06.

F6: The options are 60% vested and the remaining 40% will vest on 9/23/07.

F7: Phantom shares are fully vested.

F8: 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.

F9: 1-for-1