Campbell Soup Company (NYSE: CPB) responds to 13D filings and reaffirms its strategic review process:

As previously announced on May 18, the company is currently undertaking a Board-led comprehensive strategy and portfolio review to examine all potential paths forward to maximize shareholder value. Our entire Board of Directors remains dedicated to delivering a go-forward strategy that will drive value for all shareholders. As we stated when we announced the review, we look forward to sharing the details of our plans when the company reports its fourth-quarter and full-year results on August 30 and engaging with our shareholders on our strategic plan.

Campbell Soup CompanyINVESTOR CONTACT:Ken Gosnell, 856-342-6081ken_gosnell@campbellsoup.comorMEDIA CONTACT:Thomas Hushen, 856-342-5227thomas_hushen@campbellsoup.com

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