CAMPBELL'S Co — Director's Dealing 2012

May 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMPBELL SOUP CO (CPB)
CIK: 0000016732
Period of Report: 2012-05-22

Reporting Person: WHITE DAVID R (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-22	Common Stock	S	5243	$32.6854	Disposed	94580	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	622	Indirect

Footnotes

F1: The price reflects the weighted average sale price for the transactions reported on this line. The range of prices for the transactions reported on this line are $32.68 to and including $32.69. The full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff.