Aqua America’s Texas Subsidiary Acquires New Water Systems

Aqua America, Inc. (NYSE:WTR) announced today that its Texas operating subsidiary has acquired two water systems from the Lower Colorado River Authority (LCRA) for a total cost of $330,000. Aqua Texas, Inc. purchased the assets of the Harper Water System in Gillespie County and the London Water System in Kimble County, which together serve about 480 Texans.

"These two new systems will enable Aqua to expand our service footprint in Texas,” said Aqua America Chairman and CEO Nicholas DeBenedictis. "We appreciate the opportunity to work with the LCRA and to introduce Aqua to these two communities, and we hope to continue to grow here. Mostly, Aqua looks forward to providing quality water and reliable service to our new customers.”

The LCRA is a Texas conservation and reclamation district that plays a variety of roles in Central Texas: delivering electricity, managing the water supply and environment of the lower Colorado River basin, developing water and wastewater utilities, providing public recreation areas, and supporting community and economic development.

Aqua America is a publicly traded water and wastewater utility holding company with operating subsidiaries serving approximately three million people in Pennsylvania, New York, Ohio, North Carolina, Illinois, Texas, Florida, New Jersey, Indiana, Virginia, Maine, Missouri and South Carolina. Aqua America is listed on the New York Stock Exchange under the ticker symbol WTR.

This release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that address, among other things, possible growth in connection with the acquired operations and possible benefits for the acquired operations. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: the risk that the acquired company’s business will not be successfully integrated; the risk that the proposed improvements will not be made as projected or have the indicated benefits; the costs related to the transaction; the risk that anticipated benefits will not be obtained or will not be obtained within the time anticipated; and other key factors that we have indicated could adversely affect our business and financial performance contained in our past and future filings and reports, including those filed with the Securities and Exchange Commission. Aqua America is not under any obligation—and expressly disclaims any such obligation—to update or alter its forward-looking statements whether as a result of new information, future events, or otherwise.

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