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ARTESIAN RESOURCES CORP Director's Dealing 2006

May 3, 2006

33212_dirs_2006-05-03_00a57312-2b3c-4757-9f20-21e05ccd49f0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2006-05-02

Reporting Person: Taylor Nicholle Renee (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-05-02 Class A Non-Voting Common Stock X 150 $9.417 Acquired 2515 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-05-02 Incentive Stock Option (right to buy) $9.417 X 150 Disposed 2006-05-14 Class A Non-Voting Common Stock (150) Direct