Aqua America Declares June 2007 Dividend

May 3, 2007

BRYN MAWR, Pa., May 03, 2007 (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 June 1, 2007, to all shareholders of record as of May 18, 2007.

The June dividend payment of $0.115 per share is eight percent higher than the June 2006 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 is a publicly-traded water and wastewater utility holding company with operating subsidiaries serving approximately 2.8 million residents in Pennsylvania, Ohio, North Carolina, Illinois, Texas, Florida, New Jersey, New York, Indiana, Virginia, Maine, Missouri, 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, Director, Communications, 610-645-1095
dpalston@aquaamerica.com

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