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Pierre Laubies, President of Campbell Europe, Resigns

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CAMDEN, N.J., Aug 1, 2002 (BUSINESS WIRE) — Campbell Soup Company today
announced that Pierre Laubies, President of Campbell Europe, has resigned to
pursue a new career opportunity. Laubies has led the company’s European business
unit since January 2000. He will remain with Campbell until a successor has been

Campbell President and Chief Executive Officer Douglas R. Conant commented,
“Pierre Laubies has made important contributions to our company, most notably by
leading the acquisition of the European Culinary Brands from Unilever in 2001.
We have successfully integrated these businesses across Europe into Campbell. As
a result, our European portfolio has nearly doubled in size, is more
strategically focused on soup and sauces, and is better positioned for
profitable growth. We appreciate Pierre’s efforts in a highly competitive
marketplace and wish him all the best in the future.”

    About Campbell Soup Company

Campbell Soup Company is a global manufacturer and marketer of high quality
soup, sauces, beverages, biscuits, confectionery and prepared food products. The
company owns a portfolio of more than 20 market-leading businesses each with
more than $100 million in sales. They include “Campbell’s” soups worldwide,
“Erasco” soups in Germany and “Liebig” soups in France, “Pepperidge Farm”
cookies and crackers, “V8” vegetable juices, “V8 Splash” juice beverages, “Pace”
Mexican sauces, “Prego” Italian sauces, “Franco-American” canned pastas and
gravies, “Swanson” broths, “Homepride” sauces in the United Kingdom, “Arnott’s”
biscuits in Australia and “Godiva” chocolates around the world. The company also
owns dry soup and sauce businesses in Europe under the “Batchelors,” “Oxo,”
“Lesieur,” “Royco,” “Liebig,” “Heisse Tasse,” “Bla Band” and “McDonnells”
brands. The company is ably supported by approximately 24,000 employees
worldwide. For more information on the company, visit Campbell’s website on the
Internet at

CONTACT:          Campbell Soup Company
John Faulkner (Media – U.S.)
Leonard F. Griehs (Analysts)
Anna Burr (Media – Europe)
011 614 09394114

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