CAMPBELL'S Co — Director's Dealing 2008

May 23, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2008-05-20

Reporting Person: VAN BEUREN JOHN A (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-20	Capital Stock	Z	230643	—	Acquired	1384991	Indirect
2008-05-20	Capital Stock	Z	230643	—	Disposed	1384991	Indirect
2008-05-20	Capital Stock	S	400	$32.91	Disposed	1384591	Indirect
2008-05-20	Capital Stock	S	154	$32.92	Disposed	1384437	Indirect
2008-05-20	Capital Stock	S	185	$32.97	Disposed	1384252	Indirect
2008-05-20	Capital Stock	S	154	$32.98	Disposed	1384098	Indirect
2008-05-20	Capital Stock	S	185	$32.99	Disposed	1383913	Indirect
2008-05-20	Capital Stock	S	584	$33.00	Disposed	1383329	Indirect
2008-05-20	Capital Stock	S	277	$33.01	Disposed	1383052	Indirect
2008-05-20	Capital Stock	S	369	$33.02	Disposed	1382683	Indirect
2008-05-20	Capital Stock	S	185	$33.03	Disposed	1382498	Indirect
2008-05-20	Capital Stock	S	369	$33.04	Disposed	1382129	Indirect
2008-05-20	Capital Stock	S	123	$33.06	Disposed	1382006	Indirect
2008-05-20	Capital Stock	S	400	$33.07	Disposed	1381606	Indirect
2008-05-20	Capital Stock	S	62	$33.08	Disposed	1381544	Indirect
2008-05-20	Capital Stock	S	246	$33.09	Disposed	1381298	Indirect
2008-05-20	Capital Stock	S	431	$33.10	Disposed	1380867	Indirect
2008-05-20	Capital Stock	S	308	$33.11	Disposed	1380559	Indirect
2008-05-20	Capital Stock	S	584	$33.12	Disposed	1379975	Indirect
2008-05-20	Capital Stock	S	615	$33.13	Disposed	1379360	Indirect
2008-05-20	Capital Stock	S	554	$33.14	Disposed	1378806	Indirect
2008-05-20	Capital Stock	S	1261	$33.15	Disposed	1377545	Indirect
2008-05-20	Capital Stock	S	431	$33.16	Disposed	1377114	Indirect
2008-05-20	Capital Stock	S	431	$33.17	Disposed	1376683	Indirect
2008-05-20	Capital Stock	S	1076	$33.18	Disposed	1375607	Indirect
2008-05-20	Capital Stock	S	3737	$33.19	Disposed	1371870	Indirect
2008-05-20	Capital Stock	S	2322	$33.20	Disposed	1369548	Indirect
2008-05-20	Capital Stock	S	400	$33.21	Disposed	1369148	Indirect
2008-05-20	Capital Stock	S	861	$33.22	Disposed	1368287	Indirect
2008-05-20	Capital Stock	S	431	$33.23	Disposed	1367856	Indirect

Footnotes

F1: Withdrawal of shares from a Voting Trust pursuant to Rule 16b-8. Following withdrawal from the voting trust, the shares were held in a family partnership and remained indirectly beneficially owned by the Reporting Person. The transactions involved a change in the form of indirect beneficial ownership and did not constitute an acquisition or disposition of shares by the Reporting Person.

F2: 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.

F3: The number of shares reported as beneficially owned indirectly by the Reporting Person, and the number of shares reported as beneficially owned directly, have been adjusted from the amount reported on the Reporting Person's most recent Form 4 to reflect a change in the form of ownership of 905,552 shares in transactions exempt pursuant to Rule 16a-13.