CAMPBELL'S Co — Director's Dealing 2008

Apr 3, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2008-04-01

Reporting Person: CONANT DOUGLAS R (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-01	Common Stock	M	50490	$22.95	Acquired	249916	Direct
2008-04-01	Common Stock	S	3000	$33.99	Disposed	246916	Direct
2008-04-01	Common Stock	S	5000	$34.00	Disposed	241916	Direct
2008-04-01	Common Stock	S	2000	$34.13	Disposed	239916	Direct
2008-04-01	Common Stock	S	1280	$34.14	Disposed	238636	Direct
2008-04-01	Common Stock	S	970	$34.14	Disposed	237666	Direct
2008-04-01	Common Stock	S	3540	$34.15	Disposed	234126	Direct
2008-04-01	Common Stock	S	500	$34.16	Disposed	233626	Direct
2008-04-01	Common Stock	S	1400	$34.17	Disposed	232226	Direct
2008-04-01	Common Stock	S	5000	$34.19	Disposed	227226	Direct
2008-04-01	Common Stock	S	9700	$34.20	Disposed	217526	Direct
2008-04-01	Common Stock	S	300	$34.20	Disposed	217226	Direct
2008-04-01	Common Stock	S	9600	$34.21	Disposed	207626	Direct
2008-04-01	Common Stock	S	100	$34.21	Disposed	207526	Direct
2008-04-01	Common Stock	S	2000	$34.24	Disposed	205526	Direct
2008-04-01	Common Stock	S	900	$34.25	Disposed	204626	Direct
2008-04-01	Common Stock	S	5200	$34.11	Disposed	199426	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-01	Employee Stock Options	$22.95	M	50490	Disposed	2012-07-25	Common Stock (50490)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1331	Indirect

Footnotes

F1: The options vest cumulatively over three years at the rate of 30%, 60% and 100% respectively on the first three anniversaries of the grant date of 7/25/2002.