YORW York Water Company

The York Water Company's (Nasdaq:YORW) President and CEO, Jeffrey R. Hines, announced today that the Board of Directors at their November 21st meeting increased the quarterly dividend from $0.131 per share to $0.1336 per share, an increase of 2.0%. The annualized dividend yield based on yesterday's stock market closing is about 3.2%. The dividend is payable January 17, 2012 to shareholders as of record date December 31, 2011.

This is the 564th consecutive dividend to be paid by The York Water Company and is the fifteenth consecutive year that the Company has increased its dividend. York Water, which is the oldest investor owned utility in the nation, has paid dividends for 195 consecutive years beginning in 1816. This is believed to be the longest record of consecutive dividends in America.

The York Water Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5589

CONTACT: Jeffrey R. Hines, President and CEO
         Kathleen M. Miller, Chief Financial Officer
         717-845-3601