American Water (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, announced today that Moody’s reported on Aug. 7, 2015, it had upgraded the long-term ratings of American Water Works Company, Inc. and its financing subsidiary American Water Capital Corp. to A3 from Baa1.

Moody’s stated the upgrade “reflects [the company’s] improving financial profile, which we think is sustainable” and that the company’s “financial profile continues to improve from a growing utility rate base…and the strong margin contribution from unregulated water and wastewater services.”

“We are pleased with Moody’s upgrade, which recognizes our disciplined approach to investing and the strength of our balance sheet,” said Linda G. Sullivan, senior vice president and chief financial officer of American Water. “Having access to capital at lower debt cost reinforces our ability to make needed investments in our water and wastewater systems while balancing the impact it has on the 15 million people we serve across the country.”

Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found at www.amwater.com.

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American WaterGreg PanagosVice President, Investor Relations856-566-4005gregory.panagos@amwater.comorMaureen DuffyVice President, Communications856-309-4546maureen.duffy@amwater.com

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