CAMDEN, N.J.–(BUSINESS WIRE)–Sept. 27, 2007–Campbell Soup
Company (NYSE:CPB) today announced that the Company’s Board of
Directors has approved a 10 percent increase in its quarterly dividend
from $.20 per share to $.22 per share. The quarterly dividend is
payable October 29, 2007 to shareholders of record at the close of
business on October 9, 2007. On an annual basis, the dividend will
increase from $.80 per share to an indicated $.88 per share.

Douglas R. Conant, Campbell’s President and Chief Executive
Officer, said, “This dividend increase reflects our strong financial
performance and our confidence in Campbell’s future.”

About Campbell Soup Company

Campbell Soup Company is a global manufacturer and marketer of
high quality foods and simple meals, including soup, baked snacks,
vegetable-based beverages, and premium chocolate products, with annual
revenues in excess of $7.8 billion. Founded in 1869, the company has a
portfolio of market-leading brands, including “Campbell’s,”
“Pepperidge Farm,” “Arnott’s,” “V8,” and “Godiva.” For more
information on the company, visit Campbell’s website at
www.campbellsoupcompany.com.

    CONTACT: Campbell Soup Company
             Anthony Sanzio (Media)
             856-968-4390
             or
             Leonard F. Griehs (Analysts)
             856-342-6428

    SOURCE: Campbell Soup Company

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