EXHIBIT 99.1

News Release
		The York Water Company
		130 East Market Street
Contact:	Jeffrey S. Osman, President	York, PA 17401
or
	Kathleen M. Miller, Chief Financial Officer
Phone:	717-845-3601	FOR IMMEDIATE RELEASE

YORK WATER COMPANY

REPORTS IMPROVED SIX MONTH EARNINGS

York, Pennsylvania, August 9, 2006: The York Water Company’s (Nasdaq: YORW) President, Jeffrey S. Osman, announced today the Company’s financial results for the second quarter and the first six months of 2006.

President Osman reported that the first six months' operating revenues of $13,630,000 increased 5.4% over the first six months of 2005, and that the first six months' net income of $2,725,000 increased 0.6% compared to the first six months of 2005. President Osman also reported that second quarter operating revenues of $7,016,000 increased 4.8% over the second quarter of 2005, and that net income of $1,466,000 decreased 0.8% compared to the second quarter of 2005. The increase in revenue is attributed to an increase in the customer base of approximately 2,500. Higher operating expenses slowed growth in net income for the periods.

During the first six months of 2006, the Company incurred $8.7 million on construction projects, including an automated meter reading system, a company-wide computer system and additionally to expand and improve its service territory.

	Period Ended June 30
	In 000's (except per share)
	Quarter		Six Months
	2006	2005	2006	2005
Water Operating Revenues	$7,016	$6,694	$13,630	$12,928
Net Income	$1,466	$1,478	$ 2,725	$ 2,708
Average Number of Common Shares Outstanding	6,944	6,901	6,939	6,895
Basic Earnings Per Common Share	$ 0.21	$ 0.21	$ 0.39	$ 0.39
Dividends Paid Per Common Share	$0.168	$0.156	$ 0.336	$ 0.312

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