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Campbell Names Gerald S. Lord Vice President of Finance and Strategy for New North American Division

Press Releases

CAMDEN, N.J.–(BUSINESS WIRE)–March 26, 2004–

Anthony P. DiSilvestro is Appointed Vice President–Controller of
Campbell Soup Company

Campbell Soup Company (NYSE:CPB) today announced the appointment
of two of its senior financial executives to new positions, effective
March 31.

Gerald S. Lord, 57, is appointed Vice President–Finance and
Strategy for Campbell North America, the new division announced by
Campbell on February 12, which had sales of approximately $5 billion
in the last fiscal year. He will report to Mark Sarvary, Executive
Vice President and President–Campbell North America.

Lord has served as Vice President–Controller of Campbell Soup
Company since 1996. He joined Campbell in 1990 as Controller of
Campbell’s international businesses, and later served as Campbell’s
Treasurer. Prior to Campbell, he held several senior financial
positions with General Foods and Kraft. A native of the U.K., Lord
holds a degree in business finance from the City of London College.

Commenting on Lord’s appointment, Sarvary said, “Gerry Lord is one
of Campbell’s most talented executives and he will play a critical
role in assisting us to realize the full potential of our North
American business units. I am delighted to have the benefit of his
strong Campbell experience in both finance and strategic planning.”

Anthony P. DiSilvestro, 45, has been appointed to succeed Lord as
Vice President–Controller of Campbell Soup Company. He will report to
Robert A. Schiffner, Senior Vice President and Chief Financial

DiSilvestro has been Managing Director of Campbell International
since 2002. He joined Campbell in 1996 as Deputy Treasurer and was
appointed Vice President–Treasurer in 1997. He later held senior
finance and corporate strategy positions. Prior to Campbell,
DiSilvestro held a variety of finance positions with Scott Paper
Company. He earned a B.A. from Dartmouth College and an M.B.A. from
The Wharton School at the University of Pennsylvania.

Commenting on DiSilvestro’s appointment, Schiffner said, “Anthony
DiSilvestro has demonstrated excellent financial leadership in his
eight years at Campbell. We are pleased to have an executive of his
caliber in this key role for the company.”

Forward-Looking Statements

This release contains “forward-looking statements” which reflect
the company’s current expectations about its future plans and
performance, including statements concerning the impact of marketing
investments and strategies, new product introductions, and quality
improvements on sales and earnings. 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 nearly $7
billion in annual sales and a portfolio of more than 20 market-leading
brands. In North America, leading brands include “Campbell’s” soups,
“Swanson” broths, “Pepperidge Farm” cookies, crackers, breads and
frozen products, “V8” vegetable juices, “V8 Splash” juice beverages,
“Pace” Mexican sauces, “Prego” pasta sauces, and “Franco-American”
canned pastas and gravies. In Europe, leading brands include “Erasco”
soups in Germany and “Liebig” soups in France, and several dry soup
and sauce brands: “Batchelors,” “Oxo,” “Lesieur,” “Royco,” “Liebig,”
“Heisse Tasse,” “Bla Band,” “Erin,” and “McDonnells.” Additional
European brands include “Homepride” sauces and “Fray Bentos” canned
meats in the United Kingdom, and “Devos Lemmens” mayonnaise and cold
sauces in Belgium and France. In the Asia Pacific region, the company
markets “Arnott’s” biscuits, “Campbell’s” soups, and “Swanson” broths.
“Godiva” chocolates are sold around the world. The company is ably
supported by 25,000 full-time employees worldwide. For more
information on the company, visit Campbell’s website on the Internet

    CONTACT: Campbell Soup Company
             Jerry S. Buckley, (856) 342-6007
             Leonard F. Griehs, (856) 342-6428

    SOURCE: Campbell Soup Company
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