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Campbell Announces Quarterly Dividend

CAMDEN, N.J., Nov 18, 2004 (BUSINESS WIRE) — Campbell Soup
Company (NYSE:CPB) today announced that the Company’s Board of
Directors declared a regular quarterly dividend on its capital stock
of $.17 per share. The dividend is payable January 31, 2005 to
shareholders of record at the close of business on January 3, 2005.

Forward Looking Statements

This release contains “forward-looking statements” which reflect
the company’s current expectations about its future plans and
performance. These forward-looking statements rely on a number of
assumptions and estimates which could be inaccurate and which are
subject to risks and uncertainties. Actual results could vary
materially from those anticipated or expressed in any forward-looking
statement made by the company. Please refer to the company’s most
recent Form 10-K and subsequent filings for a further discussion of
these risks and uncertainties. The company disclaims any obligation or
intent to update the forward-looking statements in order to reflect
events or circumstances after the date of this release.

About Campbell Soup Company

Campbell Soup Company is a global manufacturer and marketer of
high quality soup, sauce, beverage, biscuit, confectionery and
prepared food products. The company is 135 years old, with over $7
billion in annual sales and a portfolio of more than 20 market-leading
brands. For more information on the company, visit Campbell’s website
on the Internet at www.campbellsoupcompany.com.

SOURCE: Campbell Soup Company

Campbell Soup Company
Media: Jerry S. Buckley, 856-342-6007
Analysts: Leonard F. Griehs, 856-342-6428