Essential Utilities, Inc. — Director's Dealing 2004

Feb 4, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AQUA AMERICA INC (WTR)
CIK: 0000078128
Period of Report: 2004-02-03

Reporting Person: SMELTZER DAVID (SR. VICE PRESIDENT & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-03	Common Stock	G	228	$22.01	Disposed	34593	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK 401K	9769	Direct

Footnotes

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