WESTERN WATER COMPANY ANNOUNCES MANAGEMENT CHANGES IN CORPORATE CONSOLIDATION DECEMBER 4, 2003 

Point Richmond, California (December 4, 2003) -- Western Water Company (OTCBB: WWTR ) announced today that, as part of its previously announced efforts to reduce operating expenses and consolidate its administrative operations, the full-time position previously held by James E. Sherman, Executive Vice President, Chief Operating Officer and Chief Financial Officer will be eliminated, effective December 20, 2003. Mr. Sherman's title and responsibilities as Chief Financial Officer will be assumed by Michael Patrick George, who will also continue to serve as the Company's Chairman, President and Chief Executive Officer. Upon Mr. Sherman's departure, Elizabeth C. Banning will become Secretary of the Company.

Western Water Company is engaged in the identification, development, transportation, sale and lease of water rights and water to municipalities and other end users in the western United States and owns water rights and real estate in California and Colorado .

Contact:

James E. Sherman, CFO

Western Water Company

(510) 234-7400

Statements contained in this release which are not historical facts are forward looking statements that involve risks and uncertainties that could cause actual results or future events to differ from those contained herein. Factors that could cause actual results or events to differ include the Company's ability to fund its on-going operations, develop and market its water and water rights, and the various other factors and considerations detailed in the Company's Securities and Exchange Commission filings.