CAMPBELL'S Co — Director's Dealing 2008

May 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2008-05-27

Reporting Person: DORRANCE BENNETT (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-27	Common Stock	J	7456730	—	Disposed	2294760	Indirect
2008-05-27	Common Stock	J	7456730	—	Acquired	25456730	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2419355	Indirect
Common Stock	17957141	Indirect
Common Stock	1105142	Indirect
Common Stock	2043	Indirect

Footnotes

F1: For estate planning purposes, these shares were transferred from the Bennett Dorrance Trust to Guillermo Investments, LLC ("Guillermo"), in exchange for a proportionate interest in Guillermo.

F2: Bennett Dorrance is the sole Trustee of the Bennett Dorrance Trust. Mr. Dorrance disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F3: Held by Guillermo. Mr. Dorrance is the sole director of Hank, Inc., which is the sole manager of Guillermo. Mr. Dorrance disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F4: Held by Clarabelle Investments LLC of which Mr. Dorrance is a majority owner. Mr. Dorrance disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F5: Held by The ABD Investments Limited Partnership of which Mr. Dorrance is a majority general partner. Mr. Dorrance disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

F6: Held by trusts for Mr. Dorrance's children. Mr. Dorrance is a director of the trusts' corporate trustee. Mr. Dorrance disclaims beneficial ownership of these shares.

F7: Held by Hank, Inc., of which Mr. Dorrance is the sole director. Mr. Dorrance disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.