EXHIBIT      21

| Name                of Company                      | State                of Incorporation | Percentage                of Voting Equity Interests Owned |
|-----------------------------------------------------|---------------------------------------|------------------------------------------------------------|
|                                                |                                  |                                                       |
| Artesian                Resources Corporation       | Delaware                              |                                                       |
| Artesian                Water Company, Inc.         | Delaware                              | 100                                                        |
| Artesian                Water Pennsylvania, Inc.    | Pennsylvania                          | 100                                                        |
| Artesian                Water Maryland, Inc.        | Maryland                              | 100                                                        |
| Artesian                Development Corporation     | Delaware                              | 100                                                        |
| Artesian                Wastewater Management, Inc. | Delaware                              | 100                                                        |
| Artesian                Utility Development, Inc.   | Delaware                              | 100                                                        |
| AquaStructure                Delaware, L.L.C.       | Delaware                              | 33                1/3                                      |

| Additions                                                                                                     | Balance                at Beginning Of Period | Charged                to Costs and Expenses | Charged                to Other Accounts | Deductions | Balance                at End of Period |
|---------------------------------------------------------------------------------------------------------------|-----------------------------------------------|----------------------------------------------|------------------------------------------|------------|-----------------------------------------|
|                                                                                                          |                                          |                                         |                                     |       |                                    |
| Classification                                                                                                |                                          |                                         |                                     |       |                                    |
| For                the Year Ended December 31, 2007Valuation                allowance for deferred tax assets | $121,000                                      | ---                                          | ---                                      | $33,000    | $88,000                                 |
| For                the Year Ended December 31, 2006Valuation                allowance for deferred tax assets | $323,000                                      | ---                                          | ---                                      | $202,000   | $121,000                                |
| For                the Year Ended December 31, 2005Valuation                allowance for deferred tax assets | $482,000                                      | ---                                          | ---                                      | $159,000   | $323,000                                |