Aqua America Declares December 2006 Dividend

September 20, 2006

BRYN MAWR, Pa., Sep 20, 2006 (BUSINESS WIRE) -- The Board of Directors of Aqua America, Inc. (NYSE:WTR) today declared a quarterly cash dividend payment of $0.115 per share payable on December 1, 2006, to all shareholders of record as of November 17, 2006.

The December dividend payment of $0.115 per share is eight percent higher than the December 2005 dividend payment of $0.1069 per share. Aqua America has paid a dividend for more than 60 years and increased the company dividend 16 times in the last 15 years.

Aqua America, Inc. is the largest U.S.-based publicly-traded water and wastewater utility serving more than 2.5 million residents in Pennsylvania, Ohio, North Carolina, Illinois, Texas, Florida, New Jersey, Indiana, Virginia, Maine, Missouri, New York, and South Carolina. Aqua America is listed on both the New York and Philadelphia Stock Exchanges under the ticker symbol WTR.

WTRF

SOURCE: Aqua America, Inc.

Aqua America, Inc.
Donna Alston, 610-645-1095
dpalston@aquaamerica.com

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