Market Overview

New Jersey American Water Completes Acquisition of Roxbury Water Company

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Acquisition Will Result in Welcoming Nearly 4,000 New Customers

New Jersey American Water announced today it has completed its
acquisition of the Roxbury Water Company, a family-owned and operated
water utility that provides service to nearly 4,000 customer accounts in
Roxbury Township, Morris County, N.J. The acquisition was approved by
the New Jersey Board of Public Utilities on December 18, 2018.

"New Jersey American Water is proud to be the new water service provider
for our new Roxbury customers. We have been providing safe, reliable
service to customers in the state for more than a century, and we are
committed to ensuring a smooth transition and delivering that same
standard of excellence to these new customers," said Deb Degillio,
president of New Jersey American Water.

Customers will be receiving a letter from New Jersey American Water this
week with information about the acquisition and an invitation to a
community meeting on January 23, 2019. More information is also
available on a dedicated page of the company's website, www.newjerseyamwater.com,
under Customer Service, Roxbury
Water
. Additionally Roxbury Water Company's two field employees
accepted offers to join New Jersey American Water, providing important
continuity that will allow for a smooth transition.

In addition to growing the company's customer base, the acquisition of
this system will help strengthen New Jersey American Water's ability to
provide water in the water scarce Highlands Region. The added assets and
systems will become part of the company's North Operations region, which
serves more than 90,000 customer accounts in 32 municipalities in
Bergen, Essex, Hunterdon, Morris, Passaic, Somerset and Warren counties.

New Jersey American Water, a subsidiary of American Water (NYSE:AWK),
is the largest investor-owned water utility in the state, providing
high-quality and reliable water and/or wastewater services to
approximately 2.7 million people. For more information, visit www.newjerseyamwater.com
and follow New Jersey American Water on Twitter
and Facebook.

With a history dating back to 1886, American Water is the largest and
most geographically diverse U.S. publicly traded water and wastewater
utility company. The company employs more than 7,100 dedicated
professionals who provide regulated and market-based drinking water,
wastewater and other related services to an estimated 15 million people
in 45 states and Ontario, Canada. American Water provides safe, clean,
affordable and reliable water services to our customers to make sure we
keep their lives flowing. For more information, visit www.amwater.com.

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