Preheat oven to 350deg F. Thoroughly mix beef, bread crumbs and egg in large bowl. Place beef mixture into shallow 3 qt. bakin pan and firmly shape into an 8x4 loaf.
Bake 30 min. spread 1/2 can coup over meatloaf.
Bake 30 min. or until meatloaf is cooked through. Lef meatloaf stand 10min. before slicing.
Heat 2 tbsp. pan drippings, remaining soup and water in 1 qt. saucepan over medium heat until mixture is hot and bubbling, stirring occasionally. Serve gravy with meatloaf.
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