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 HOPE H (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-20	Capital Stock	Z	278216	—	Acquired	3910802	Indirect
2008-05-20	Capital Stock	Z	278216	—	Disposed	3910802	Indirect
2008-05-20	Capital Stock	S	482	$32.91	Disposed	3910320	Indirect
2008-05-20	Capital Stock	S	185	$32.92	Disposed	3910135	Indirect
2008-05-20	Capital Stock	S	223	$32.97	Disposed	3909912	Indirect
2008-05-20	Capital Stock	S	185	$32.98	Disposed	3909727	Indirect
2008-05-20	Capital Stock	S	223	$32.99	Disposed	3909504	Indirect
2008-05-20	Capital Stock	S	705	$33.00	Disposed	3908799	Indirect
2008-05-20	Capital Stock	S	334	$33.01	Disposed	3908465	Indirect
2008-05-20	Capital Stock	S	445	$33.02	Disposed	3908020	Indirect
2008-05-20	Capital Stock	S	223	$33.03	Disposed	3907797	Indirect
2008-05-20	Capital Stock	S	445	$33.04	Disposed	3907352	Indirect
2008-05-20	Capital Stock	S	148	$33.06	Disposed	3907204	Indirect
2008-05-20	Capital Stock	S	482	$33.07	Disposed	3906722	Indirect
2008-05-20	Capital Stock	S	74	$33.08	Disposed	3906648	Indirect
2008-05-20	Capital Stock	S	297	$33.09	Disposed	3906351	Indirect
2008-05-20	Capital Stock	S	519	$33.10	Disposed	3905832	Indirect
2008-05-20	Capital Stock	S	371	$33.11	Disposed	3905461	Indirect
2008-05-20	Capital Stock	S	705	$33.12	Disposed	3904756	Indirect
2008-05-20	Capital Stock	S	742	$33.13	Disposed	3904014	Indirect
2008-05-20	Capital Stock	S	668	$33.14	Disposed	3903346	Indirect
2008-05-20	Capital Stock	S	1520	$33.15	Disposed	3901826	Indirect
2008-05-20	Capital Stock	S	519	$33.16	Disposed	3901307	Indirect
2008-05-20	Capital Stock	S	519	$33.17	Disposed	3900788	Indirect
2008-05-20	Capital Stock	S	1298	$33.18	Disposed	3899490	Indirect
2008-05-20	Capital Stock	S	4506	$33.19	Disposed	3894984	Indirect
2008-05-20	Capital Stock	S	2800	$33.20	Disposed	3892184	Indirect
2008-05-20	Capital Stock	S	482	$33.21	Disposed	3891702	Indirect
2008-05-20	Capital Stock	S	1038	$33.22	Disposed	3890664	Indirect
2008-05-20	Capital Stock	S	519	$33.23	Disposed	3890145	Indirect

Footnotes

F1: Withdrawal of shares from a Voting Trust exempt 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 1,248,929 shares in transactions exempt pursuant to Rule 16a-13.