American Water Works Company, Inc. (NYSE:AWK), the largest publicly traded U.S. water and wastewater utility company, announced today that it has entered into a new revolving credit agreement with $1 billion in aggregate total commitments from a group of 14 banks. This new credit facility replaces the company’s existing $685 million revolving credit facility, which would otherwise mature in September 2013. This credit facility, along with the company’s commercial paper program and cash from operations, provide for the company’s near term financial liquidity. As of September 30, 2012, the company had no direct borrowing under the existing credit facility. The new facility is for general corporate finance purposes and will expire in October 2017. “We are pleased by the support we received from this diversified group of banks,” said Ellen Wolf, senior vice president and CFO of American Water. “This committed financial liquidity, along with our strong balance sheet, allows us to continue to make investments in the water systems across our footprint, creating value for our customers, communities and our shareholders.” More details about the Credit Agreement will be detailed in the company’s 8K filing, which will be posted at www.sec.gov, or on the company’s Investor Relations page at www.amwater.com. 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 more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 15 million people in more than 30 states and parts of Canada. More information can be found at www.amwater.com. Cautionary Statement Concerning Forward-Looking Statements Certain statements in this press release are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are predictions based on our current expectations and assumptions regarding future events and relate to, among other things, our future financial performance in 2012, including earnings, our growth strategies, our ability to finance current operations and growth initiatives, trends in our industry, regulatory or legal developments or rate adjustments. Actual results could differ materially because of factors such as the decisions of governmental and regulatory bodies, including decisions to raise or lower rates; the timeliness of regulatory commissions’ actions concerning rates; changes in laws, governmental regulations and policies, including environmental, health and water quality and public utility regulations and policies; weather conditions, patterns or events, including drought or abnormally high rainfall; changes in customer demand for, and patterns of use of, water, such as may result from conservation efforts; our ability to appropriately maintain current infrastructure and manage the expansion of our business; our ability to obtain permits for projects; changes in our capital requirements; our ability to control operating expenses and to achieve efficiencies in our operations; our ability to obtain adequate and cost-effective supplies of chemicals, electricity, fuel, water and other raw materials that are needed for our operations; our ability to successfully acquire and integrate water and wastewater systems that are complementary to our operations and the growth of our business; cost overruns relating to improvements or the expansion of our operations; changes in general economic, business and financial market conditions; significant changes to our business processes and corresponding technology; access to sufficient capital on satisfactory terms; fluctuations in interest rates; restrictive covenants in or changes to the credit ratings on our current or future debt that could increase our financing costs or affect our ability to borrow, make payments on debt or pay dividends; fluctuations in the value of benefit plan assets and liabilities that could increase our cost and funding requirements; the incurrence of impairment charges; migration of customers into or out of our service territories; difficulty in obtaining insurance at acceptable rates and on acceptable terms and conditions; ability to retain and attract qualified employees; and civil disturbance, labor strikes or terrorist threats or acts or public apprehension about future disturbances or terrorist threats or acts.