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Campbell Announces Quarterly Dividend

CAMDEN, N.J.–(BUSINESS WIRE)–March 22, 2007–Campbell Soup
Company (NYSE:CPB) today announced that the Company’s Board of
Directors declared a regular quarterly dividend on its capital stock
of $.20 per share. The dividend is payable April 30, 2007 to
shareholders of record at the close of business on April 9, 2007.

About Campbell Soup Company

Campbell Soup Company is a global manufacturer and marketer of
high quality simple meals, including soups, baked snacks,
vegetable-based beverages, and premium chocolate products. 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 J. Sanzio (Media)
             (856) 968-4390
             or
             Leonard F. Griehs (Analysts)
             (856) 342-6428

    SOURCE: Campbell Soup Company