Philadelphia Suburban Declares June 2003 Dividend

May 6, 2003
Philadelphia Suburban Declares June 2003 DividendBRYN MAWR, Pa., May 6, 2003 (BUSINESS WIRE) -- The Board of Directors of Philadelphia Suburban Corporation (NYSE:PSC) today declared a quarterly cash dividend payment of $.14 per share payable on June 1, 2003 to all shareholders of record as of May 15, 2003.

Philadelphia Suburban Corporation has paid a consecutive dividend for 58 years.

PSC is the largest U.S. based investor-owned water utility, serving approximately two million residents in Pennsylvania, Illinois, Ohio, New Jersey, Maine, and North Carolina. PSC is a publicly-traded company listed on both the New York and Philadelphia Stock Exchanges under the ticker symbol "PSC" and has been committed to the preservation and improvement of the environment throughout its history, which spans more than 100 years.

SOURCE: Philadelphia Suburban Corporation

Philadelphia Suburban Corporation
Cheryl Hansen, 610/645-1084
hansenc@suburbanwater.com
or
Barbara Cummings, 610/645-1196
cummingsb@suburbanwater.com
or
Donna Alston, 610/645-1095
alstond@suburbanwater.com