Aqua America Declares December 2007 Dividend

October 5, 2007

BRYN MAWR, Pa., Oct 05, 2007 (BUSINESS WIRE) -- The Board of Directors of Aqua America, Inc. (NYSE:WTR) today declared a quarterly cash dividend payment of $0.125 per share payable on December 1, 2007, to all shareholders of record as of November 16, 2007.

The December dividend payment of $0.125 per share is nine percent higher than the dividend the company paid in December 2006 of $0.115 per share. Aqua America has paid a dividend for more than 61 years and increased the company dividend 17 times in the last 16 years.

Aqua America, Inc. is the largest U.S.-based publicly-traded water and wastewater utility serving more than 2.5 million residents in Pennsylvania, Ohio, North Carolina, Illinois, Texas, Florida, New Jersey, Indiana, Virginia, Maine, Missouri, New York, and South Carolina. Aqua America is listed on both the New York and Philadelphia Stock Exchanges under the ticker symbol WTR.

WTRF

SOURCE: Aqua America, Inc.

Aqua America, Inc.
Kevin M. Brophy
Director, Investor Relations
610-645-1020
Kmbrophy@aquaamerica.com
or
Donna Alston
Director, Communications
610-645-1095
dpalston@aquaamerica.com

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