Press Release

BRYN MAWR, Pa., Apr 19, 2010 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE: WTR) announced today that its Illinois subsidiary, Aqua Illinois, Inc., has completed the purchase of the wastewater system assets of Ellwood Greens Utility, which serves approximately 750 people in a residential golf course community located in Genoa, Illinois. It will be operated from Aqua's nearby Candlewick system, which is part of its Northern Division.

"We are pleased to add these customers to the Northern division of our Illinois operations," said Aqua America Chairman and CEO Nicholas DeBenedictis. "We look forward to bringing our professional management and technical expertise to the residents of the City of Genoa and will focus on the necessary improvements to keep this system operating efficiently."

In March, Aqua's New Jersey subsidiary purchased the water system assets of Bloomsbury Borough, a municipal water system in Hunterdon County, which serves approximately 1,000 people. In January, the company's Texas subsidiary completed the acquisition of the water system assets of the San Gabriel River Ranch and Indian Springs subdivision water systems located in Williamson and Travis counties respectively, and which collectively serve about 900 people.

"We continue to grow the company through our growth through acquisition strategy and are pleased to have closed our fourth acquisition of 2010," DeBenedictis said.

Aqua America is one of the largest U.S.-based publicly-traded water utility serving almost 3 million residents in Pennsylvania, Ohio, Illinois, Texas, New Jersey, Indiana, Virginia, Florida, North Carolina, Maine, Missouri, New York, South Carolina and Georgia. Aqua America is listed on the New York Stock Exchange under the ticker symbol WTR. The company has been dedicated to the preservation and improvement of the environment throughout its history which spans more than 100 years.

This release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that address, among other things: from the improvements to the acquired operations; the system's compliance with environmental regulations; the approximate number of people served by the acquired system, and the continuation of the company's strategy to pursue the acquisition of such systems. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: the risk that the acquired company's business will not be successfully integrated; and other key factors that we have indicated could adversely affect our business and financial performance discussed in our Annual Report or Form 10-K for the fiscal year ended December 31, 2009, which is on file with the Securities and Exchange Commission. Aqua America is not under any obligation--and expressly disclaims any such obligation--to update or alter its forward-looking statements whether as a result of new information, future events, or otherwise.

WTRF

SOURCE: Aqua America, Inc.

Aqua America, Inc.
Donna Alston
Manager, Communications
610-645-1095
dpalston@aquaamerica.com
or
Brian Dingerdissen
Director, Investor Relations
610-645-1191
bjdingerdissen@aquaamerica.com

Copyright Business Wire 2010