Essential Utilities, Inc. — Director's Dealing 2003

Nov 25, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHILADELPHIA SUBURBAN CORP (PSC)
CIK: 0000078128
Period of Report: 2003-11-24

Reporting Person: DEBENEDICTIS NICHOLAS (Director, CHAIRMAN & PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-24	Common Stock	M	8516	$11.74	Acquired	318635	Direct
2003-11-24	Common Stock	F	3905	$25.6	Disposed	314730	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-24	Stock Options (Right to buy)	$11.74	M	8516	Disposed	2010-03-06	Common Stock (8516)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK - IRA	1886	Direct
COMMON STOCK - IRA	1509	Indirect
COMMON STOCK 401K	6160	Direct