Essential Utilities, Inc. — Director's Dealing 2004

Feb 12, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: AQUA AMERICA INC (WTR)
CIK: 0000078128
Period of Report: 2003-12-31

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	G	537	—	Disposed	392875	Direct
2003-11-24	Common Stock	G	971	—	Disposed	391904	Direct
2003-11-24	Common Stock	G	1220	—	Disposed	390933	Direct
2003-12-26	Common Stock	G	935	—	Disposed	389998	Direct
2003-12-26	Common Stock	G	3000	—	Disposed	386998	Direct
2003-12-29	Common Stock	G	992	—	Disposed	386006	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK - IRA	2455	Direct
COMMON STOCK - IRA	1964	Indirect
COMMON STOCK 401K	8370	Direct

Footnotes

F1: Increase in shares as a result of a 5-for-4 stock split on December 1, 2003.