CAMDEN, N.J., May 12, 2008 (BUSINESS WIRE) -- Campbell Soup Company (NYSE:CPB) today announced it has completed
the sale of its Australian salty snack brands to a group of Australian
investors, including the senior management of The Real McCoy, an
Australian owned snack foods company. Campbell announced the agreement
of sale on April 28, 2008.

The transaction included the following salty snack brands:
Cheezels, Thins, Tasty Jacks, French Fries, and Kettle Chips. The
transaction also included two plants in Australia that produce salty
snacks.

Financial terms were not disclosed.

About Campbell Soup Company

Campbell Soup Company is a global manufacturer and marketer of
high-quality foods and simple meals, including soup, 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." For more information on the company, visit
Campbell's website at www.campbellsoup.com.

SOURCE: Campbell Soup Company

Campbell Soup Company
Anthony Sanzio (Media), 856-968-4390
or
Leonard F. Griehs (Analysts), 856-342-6428

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