Essential Utilities, Inc. — Director's Dealing 2005

May 3, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AQUA AMERICA INC (WTR)
CIK: 0000078128
Period of Report: 2005-05-03

Reporting Person: RIEGLER RICHARD (SR. VICE PRESIDENT-OPERATIONS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-03	Common Stock	M	1176	$9.39	Acquired	66566	Direct
2005-05-03	Common Stock	M	5217	$10.96	Acquired	71783	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-05-03	Stock Options (Right to buy)	$9.39	M	1176	Disposed	2010-03-06	Common Stock (1176)	Direct
2005-05-03	Stock Options (Right to buy)	$10.96	M	5217	Disposed	2009-03-01	Common Stock (5217)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK 401K	8067	Direct
Common Stock	18303	Indirect