Essential Utilities, Inc. — Director's Dealing 2006

Dec 6, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AQUA AMERICA INC (WTR)
CIK: 0000078128
Period of Report: 2006-12-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-05	Common Stock	M	5000	$11.46	Acquired	24302.1	Direct
2006-12-05	Common Stock	S	5000	$24.1828	Disposed	19302.1	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-05	Stock Options (Right to buy)	$11.46	M	5000	Disposed	2011-03-06	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK 401K	14431.6761	Direct
Restricted	5000	Direct

Footnotes

F1: Shares sold in conjunction with 10b5-1 Plan