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Campbell Announces Quarterly Dividend Increase

CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 25, 2013–
Campbell Soup Company (NYSE:CPB) today announced that the
company’s Board of Directors has approved an increase in its quarterly
dividend from $0.29 per share to $0.312 per share, an increase of
approximately 7.6-percent. The quarterly dividend is payable Oct. 28,
2013 to shareholders of record at the close of business Oct. 8, 2013.

“This dividend increase is another step forward as we execute our plans
to drive shareholder value by delivering sustainable, profitable net
sales growth,” said Denise Morrison, Campbell’s President and Chief
Executive Officer. “We are encouraged by the progress we’ve made and are
confident in our long-term growth prospects as we strengthen our core
business and expand into higher-growth spaces.”

The company has paid dividends since it became public in 1954. The last
quarterly dividend increase was to $0.29 per share from $0.275 per share
on Nov. 1, 2010.

About Campbell Soup Company

Campbell Soup Company is a manufacturer and marketer of high-quality
foods and simple meals, including soup and sauces, snacks and healthy
beverages. Founded in 1869, the company has a portfolio of
market-leading brands, including “Campbell’s,” “Pepperidge Farm,”
“Arnott’s,” “V8,” “Bolthouse Farms,” “Plum Organics” and “Kjeldsens.”
Through its corporate social responsibility program, the company strives
to make a positive impact in the workplace, in the marketplace and in
the communities in which it operates. Campbell is a member of the
Standard & Poor’s 500 and the Dow Jones Sustainability Indexes. For more
information, visit www.campbellsoupcompany.com
or follow company news on Twitter via @CampbellSoupCo.

Source: Campbell Soup Company

Campbell Soup Company
Carla Burigatto (Media)
856-342-3737
or
Jennifer
Driscoll (Analysts/Investors)
856-342-6081