Aqua America Declares June 2006 Dividend

May 1, 2006

BRYN MAWR, Pa., May 01, 2006 (BUSINESS WIRE) -- The Board of Directors of Aqua America, Inc. (NYSE:WTR) today declared a quarterly cash dividend payment of $0.1069 per share payable on June 1, 2006, to all shareholders of record as of May 18, 2006.

Aqua America has paid a dividend for more than 60 years and increased the company dividend 15 times in the last 14 years.

Aqua America, Inc. is the largest U.S.-based publicly traded water company serving more than 2.5 million residents in Pennsylvania, Ohio, Illinois, Texas, New Jersey, Indiana, Virginia, Florida, North Carolina, 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.
Cheryl Hansen, 610-645-1084
clhansen@aquaamerica.com
    or
Donna Alston, 610-645-1095
dpalston@aquaamerica.com

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