MIDDLESEX WATER CO — Director's Dealing 2005

Jan 31, 2005

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: MIDDLESEX WATER CO (MSEX)
CIK: 0000066004
Period of Report: 2004-12-31

Reporting Person: MUNDY STEPHEN H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-17	Common Stock	D	25	—	Disposed	0	Direct
2004-12-17	Common Stock	D	25	—	Disposed	0	Direct
2004-12-17	Common Stock	D	25	—	Disposed	0	Direct
2004-12-17	Common Stock	D	25	—	Disposed	0	Direct
2004-12-17	Common Stock	D	25	—	Disposed	0	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	49875	Direct
Common Stock (Dividend Reinvestment)	614	Direct
Common Stock (Dividend Reinvestment)	3031	Indirect

Footnotes

F1: Shares held in Street Name.

F2: 25 Shares transferred to Thomas Mann, Merrill Lynch Account.

F3: 25 Shares transferred to Cody Mann, Merrill Lynch Account.

F4: 25 Shares transferred to Dawn Mann, Custodian for Lydia Mann, Merrill Lynch Account.

F5: 25 Shares transferred to Clancy Tinker Mundy, Custodian for Ashlyn Gouldthread, Merrill Lynch Account.

F6: 25 Shares transferred to Clancy Tinker Mundy, Custodian for Savannah Gouldthread, Merrill Lynch Account.

F7: Shares held I/N/O Clancy Tinker Mundy, Spouse.