Essential Utilities, Inc. — Director's Dealing 2005

Jan 4, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AQUA AMERICA INC (WTR)
CIK: 0000078128
Period of Report: 2005-01-03

Reporting Person: GLANTON RICHARD H (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-01-03	Phantom Stock	$0	A	371.403	Acquired	2014-12-30	Common Stock (378.3683)	Direct
2005-01-03	Phantom Stock	$0	J	30.1806	Acquired	2014-12-30	Common Stock (30.1806)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8911	Direct

Footnotes

F1: Phantom stock units are settled in cash or stock payable upon termination of recipient

F2: PHANTOM STOCK ACQUIRED THROUGH DIVIDEND REINVESTMENT