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Campbell Soup Company Celebrates Grand Opening of the Campbell Employee Center at Expanded World Headquarters

CAMDEN, N.J., Jun 10, 2010 (BUSINESS WIRE) –Campbell Soup Company (NYSE:CPB) executives along with New Jersey
Lieutenant Governor Kim Guadagno, Camden Mayor Dana Redd and Camden
County Freeholder Director Louis Cappelli, Jr., today celebrated the
grand opening of the Campbell Employee Center, an 80,000-square foot
addition to the company’s World Headquarters.

Against the backdrop of a gleaming glass entrance complete with a
signature red wall and iconic “Campbell’s” logo, hundreds of community
members and state and local leaders cheered the expansion, which
reflects Campbell’s longstanding commitment to Camden, one of the
nation’s poorest cities and Campbell’s home since 1869.

Campbell’s President and CEO Douglas R. Conant said, “The completion of
this building is the result of a partnership between Campbell, the State
of New Jersey, Camden County and the city of Camden. It is a testament
to the years of hard work by teams of people committed to a common
purpose and determined to overcome whatever obstacles that may stand in
the way. We are proud to call Camden home. We have deep roots here, not
just on this campus but throughout the city and the entire region.
Campbell remains fully committed to the city and its neighborhoods.”

Designed by Philadelphia-based architects KlingStubbins, the Campbell
Employee Center is part of a broader effort that includes plans for a
100-acre office park in Camden’s Gateway District. Campbell plans to
invest up to $93 million in the project, which includes its new
building, ongoing enhancements to its existing facilities and 40-acre
campus, and the acquisition of land for future development. The state,
county and city have invested approximately $23 million in the area’s
infrastructure to improve roads, as well as water and sewer upgrades.

“I am proud that Campbell Soup Company has called New Jersey home for
almost 150 years. This project demonstrates the importance of
public-private partnerships,” said Lieutenant Governor Kim
Guadagno. “Governor Christie and I are continuing to focus on making New
Jersey a home for growth by enhancing New Jersey’s business climate,
streamlining our regulatory process and advancing pro-business
initiatives.”

With the completion of the new building, Campbell’s Camden facilities
include approximately 750,000 square feet of office, research and
development and training space. Features of the new building include:

  • A state-of-the-art café with a custom soup bar as the centerpiece; the
    soup bar will serve up to 11 different soups each day;
  • An exhibition hall serves as the signature of the building with
    soaring 38-foot floor-to-ceiling windows and the iconic “Campbell’s”
    logo;
  • An open-air courtyard for employees, as well as special company and
    community events. The courtyard features a vegetable and flower garden
    designed by the Camden Children’s Garden;
  • An innovative training and development center called Campbell
    University;
  • A fully-equipped fitness center for current and retired employees;
  • A 2,600 square-foot company store.

Thoughtfully Planned Sustainability

The new building is designed to be LEED-certified and includes an energy
efficient HVAC system along with water conservation and daylight
harvesting features. The Campbell Employee Center will conserve
electricity, efficiently maintain the building’s temperature and provide
daylight and outdoor views from 90 percent of the new space. Its
sustainable features include:

  • A roof that reflects the sunlight’s heat and outdoor lighting that
    reduces light pollution;
  • The building is designed to reduce the company’s water usage by 45
    percent;
  • All wood products used in the building have earned forestry
    sustainability certification. Carpeting, countertops and other
    features are made from recycled materials;
  • The company will use only reusable containers in its café, and all
    meals will be served on china and silverware to eliminate waste from
    disposable plates and utensils.

The expansion is designed to help Campbell attract, retain and develop
the best talent in the food industry.

“This building is a tangible demonstration of our commitment to what we
call the Campbell Promise, which states that Campbell values people, and
in turn, people value Campbell,” Conant said. “It will provide Campbell
employees of yesterday, today and tomorrow with the facilities to
achieve their full potential and help the company fulfill its mission of
building the world’s most extraordinary company by nourishing peoples’
lives everywhere, every day.”

Campbell is the longest-standing corporate tenant in the city and the
only Fortune 500 Company headquartered in Camden. The Campbell Soup
Foundation has contributed more than $100 million to Camden and other
area nonprofit organizations over the last 50 years.

“Campbell has been an anchor institution in the city of Camden for 141
years,” Mayor Dana L. Redd said. “This expansion project truly
demonstrates Campbell Soup Company’s commitment to Camden’s
revitalization efforts and their pledge to the community. This wonderful
new building also sends a clear message that Camden has, is, and will
continue to be open for business. I applaud Campbell for its unwavering
commitment to our great city, I wish them continued success, and I hope
that they will be able to call Camden home for years to come.”

The project marks the first major development to Campbell’s World
Headquarters since the construction of the Dr. John T. Dorrance Culinary
Center in 2003.

The Settlement Music School Children’s Choir provided entertainment for
the guests in attendance. The choir, which included children from age 6
through 12, sang several songs. Following the program, guests enjoyed a
reception catered by Campbell’s chefs, Sodexo chefs and two Camden
culinary schools that Campbell supports, RESPOND and Cathedral Kitchen.
Many of the dishes were prepared with “Campbell’s” soup, broths, sauces
and beverages.

About Campbell Soup Company

Campbell Soup Company is a global manufacturer and marketer of
high-quality foods and simple meals, including soup and sauces, baked
snacks and healthy beverages. Founded in 1869, the company has a
portfolio of market-leading brands, including “Campbell’s,” “Pepperidge
Farm,” “Arnott’s” and “V8.” 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.campbellsoup.com.

SOURCE: Campbell Soup Company

Campbell Soup Company
Anthony Sanzio (Media)
856-968-4390
or
Bellevue Communications
Susan Buehler/Diana Torralvo
215-893-4284