PRESS RELEASE

NEW GENERAL MANAGER APPOINTED AT WATER UTILITY

The Board of Community Water Company of Green Valley is pleased to announce that Arturo R. Gabaldón has been appointed the General Manager of the water utility. Prior to his appointment, Mr. Gabaldón has served as Controller since 1990. He has been key in bringing about a variety of changes in the utility. Mr. Gabaldón, is a Certified Public Accountant, earned his undergraduate degree at the University of Arizona and a Master in Business Administration from the University of Phoenix.

Prior to joining the staff of Community Water Company he has worked at the University of Arizona, Coopers & Lybrand CPA's, NASA and the U.S. General Accounting Office.

Since the early nineties Mr. Gabaldón has regularly taught classes at Pima Community College and in 1999 received the East Campus Apple Award for Teaching Excellence. He has also served as past President of the Pantano Optimist Club in Tucson and past Lt. Governor of the Arizona Optimist Clubs. He is an avid video movie producer and directs several shows on public access television.

Mr. Gabaldón resides in Tucson with his wife Rosanna and their 16-year-old son who has recently been inducted into the National Honors Society. Mr. Gabaldón looks forward to working with the community to improve communications and to bring about positive change.