CHESAPEAKE UTILITIES CORP — Director's Dealing 2006

Feb 27, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHESAPEAKE UTILITIES CORP (CPK)
CIK: 0000019745
Period of Report: 2006-02-23

Reporting Person: MCMASTERS MICHAEL P (Senior Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-23	Common Stock	A	4480	$30.3999	Acquired	21055	Direct
2006-02-23	Common Stock	P	0	—	Acquired	25	Indirect
2006-02-06	Common Stock	P	37	$31.355	Acquired	6982	Indirect

Footnotes

F1: Of these shares, 18,422 represent deferred stock units that will be settled automatically on a one-for-one basis in common stock.