CAMPBELL'S Co — Director's Dealing 2008

Dec 30, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2008-12-29

Reporting Person: VAN BEUREN HOPE H (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-29	Capital Stock	J	1596798	—	Disposed	1460933	Indirect
2008-12-29	Capital Stock	J	3828500	—	Disposed	1071048	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Capital Stock	1113051	Indirect

Footnotes

F1: Represents the contribution by the Reporting Person of interests in family trusts and partnerships, through which the Reporting Person previously reported an indirect beneficial ownership interest in the CPB shares, in exchange for limited partner interests in a new family investment vehicle ("New Entity").

F2: Represents the contribution by the Reporting Person of CPB shares in which the Reporting Person previously reported a direct beneficial ownership interest in exchange for limited partner interests New Entity.

F3: 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.

F4: By Husband