CAMPBELL'S Co — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2010-12-31

Reporting Person: vanBeuren Archbold D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-31	Common Stock	P	488	$34.50	Acquired	488	Indirect
2010-12-31	Common Stock	P	3461	$34.50	Acquired	705515	Indirect
2010-12-31	Common Stock	G	180000	$0.00	Disposed	887818	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19355	Indirect

Footnotes

F1: Lines 1 and 2 reflect the Reporting Person's acquisition of an interest in a preexisting family management company that both owns Common Stock and has an interest in a family investment partnership that owns shares of Common Stock. As a result of this transaction, the Reporting Person might also be considered to have a beneficial ownership interest in shares of Common Stock held by the family investment partnership, as reflected in the holdings reported in column (5) of line 2. The Reporting Person disclaims beneficial ownership of securities owned by such family investment partnership except to the extent of his pecuniary interest therein.

F2: The holdings reported in column 5 include 6,266 shares inadvertenly omitted on prior reports as a result of incomplete information received from a third-party recordkeeper.