ARTESIAN RESOURCES CORP — Director's Dealing 2005

Jan 25, 2005

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2004-12-31

Reporting Person: DINONZIO JOSEPH A (Senior VP / Corp Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-20	Class A Non-Voting Common Stock	J	2	$28.272	Acquired	6171	Direct
2004-05-21	Class A Non-Voting Common Stock	J	2	$26.406	Acquired	7673	Direct
2004-08-20	Class A Non-Voting Common Stock	J	2	$25.066	Acquired	7675	Direct
2004-11-22	Class A Non-Voting Common Stock	J	2	$28.8	Acquired	7677	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Non-Voting Common Stock	18	Indirect

Footnotes

F1: aquisition through dividend reinvestment plan