Essential Utilities, Inc. — Director's Dealing 2005

Apr 28, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AQUA AMERICA INC (WTR)
CIK: 0000078128
Period of Report: 2005-04-26

Reporting Person: RUBIN ROBERT A (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-26	Common Stock	M	1012	$10.96	Acquired	17998	Direct
2005-04-26	Common Stock	M	858	$11.33	Acquired	18856	Direct
2005-04-26	Common Stock	F	415	$26.73	Disposed	18441	Direct
2005-04-26	Common Stock	F	364	$26.73	Disposed	18077	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-26	Calls (Right to buy)	$10.96	M	1012	Disposed	2009-03-01	Common Stock (1012)	Direct
2005-04-26	Calls (Right to buy)	$11.33	M	858	Disposed	2008-03-02	Common Stock (858)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK 401K	5222	Direct

Footnotes

F1: 33% per year for 3 years.