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<SEC-DOCUMENT>0001299933-05-005272.txt : 20051017
<SEC-HEADER>0001299933-05-005272.hdr.sgml : 20051017
<ACCEPTANCE-DATETIME>20051017140624
ACCESSION NUMBER:		0001299933-05-005272
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20051016
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20051017
DATE AS OF CHANGE:		20051017

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CONSOLIDATED WATER CO LTD
		CENTRAL INDEX KEY:			0000928340
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25248
		FILM NUMBER:		051140644

	BUSINESS ADDRESS:	
		STREET 1:		TRAFALGAR PL
		STREET 2:		WEST BAY RD
		CITY:			GRAND CAYMAN BWI CAY
		STATE:			E9
		ZIP:			00000
		BUSINESS PHONE:		8099474277

	MAIL ADDRESS:	
		STREET 1:		TRAFALGAR PLACE, WEST BAY ROAD, P.O. BOX
		STREET 2:		GRAND CAYMAN, CAYMAN ISLANDS, BWI

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CAYMAN WATER CO LTD
		DATE OF NAME CHANGE:	19941212
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_7621.htm
<DESCRIPTION>LIVE FILING
<TEXT>
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<TITLE> Consolidated Water Co. Ltd. (Form: 8-K) </TITLE>
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<A NAME="DOCUMENT_TOP">&nbsp;</A>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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<BR>
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	WASHINGTON, D.C. 20549
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<P ALIGN="CENTER">
<FONT SIZE="5">
	FORM 8-K
</FONT>
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</FONT>
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<P ALIGN="CENTER">
<FONT SIZE="3">
	CURRENT REPORT
</FONT>
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<P ALIGN="CENTER">
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	&nbsp;
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	October 16, 2005
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<BR>
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<P ALIGN="CENTER"><!-- -->
<FONT SIZE="6">
	Consolidated Water Co. Ltd.
</FONT>
<FONT SIZE="2">
<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	&nbsp;
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	Cayman Islands
</FONT>
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<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	0-25248
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	Not Applicable
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	&nbsp;&nbsp;
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	&nbsp;
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	Windward Three-4th Fl, West Bay Road, P.O. Box 1114 GT, Grand Cayman, Cayman Islands
</FONT>
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<FONT SIZE="2">
	&nbsp;
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</TD>
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	none
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
	(Zip Code)
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<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">

<TR VALIGN="BOTTOM">
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	&nbsp;
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	&nbsp;
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	Registrant&#146;s telephone number, including area code:
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</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
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	345-945-4277
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
<P ALIGN="CENTER">
<FONT SIZE="2">
	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="2">
	&nbsp;
</FONT>
<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
</P>
<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<A HREF="#DOCUMENT_TOP">
<U>
<B>
<FONT SIZE="2">Top of the Form</FONT>
</B>
</U>
</A>
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<P ALIGN="LEFT">
<FONT SIZE="2">
<B>
	Item 8.01 Other Events.
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
On October 16, 2005, Consolidated Water Co. Ltd. (the "Company") announced that it will commence an offering of Bahamian Depositary Receipts ("BDRs") representing up to 650,000 Ordinary Shares of the Company.  The BDRs and the underlying Ordinary Shares will not be offered or sold in the United States or to U.S. persons (as defined in Regulation S promulgated under the Securities Act of 1933).  The offering will be made solely in the Bahamas commencing on October 17, 2005 and expiring on November 4, 2005, unless extended.  <br><br>If the offering is completed, the Company estimates that the net proceeds after expenses will be approximately B$11.2 million.  The Company intends to use the net proceeds to finance the construction of a new seawater desalination plant known as the Blue Hills Plant on the island of New Providence in the Bahamas and the expansion of the Company&#x2019;s existing seawater desalination plant on the island of New Providence.  <br>
</FONT>
</P>
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<B>
	Item 9.01 Financial Statements and Exhibits.
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
(c) Exhibits.<br><br>Exhibit No. - Title<br>99.1 - Press release issued by the Company on October 17, 2005, announcing the offering.<br>
</FONT>
</P>
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<FONT SIZE="2">Top of the Form</FONT>
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<B>
	SIGNATURES
</B>
</FONT>
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<P ALIGN="LEFT">
<FONT SIZE="2">
	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
</FONT>
</P>
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	&nbsp;
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<TD COLSPAN="3" VALIGN="TOP" ALIGN="LEFT">
<FONT SIZE="2">
	Consolidated Water Co. Ltd.
</FONT>
</TD>
</TR>
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<FONT SIZE="2">
	&nbsp;&nbsp;
</FONT>
</TD>
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	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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<FONT SIZE="2">
<I>
	October 17, 2005
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	By:
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	Frederick W. McTaggart
</I>
<BR>
</FONT>
</TD>
</TR>
<TR>
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
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<TD ALIGN="LEFT" VALIGN="TOP">
<HR SIZE="1" NOSHADE>
</TD>
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<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
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	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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<FONT SIZE="2">
	&nbsp;
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<TD ALIGN="LEFT" VALIGN="TOP">
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<I>
	Name: Frederick W. McTaggart
</I>
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	&nbsp;
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<I>
	Title: President and Chief Executive Officer
</I>
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<FONT SIZE="2">Top of the Form</FONT>
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	Exhibit&nbsp;Index
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<B>
	Exhibit No.
</B>
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	&nbsp;
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	Description
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	99.1
</DIV>
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</TD>
<TD WIDTH="15%">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
<FONT SIZE="2">
Press release issued by the Company on October 17, 2005, announcing the offering.
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<TYPE>EX-99.1
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<FILENAME>exhibit1.htm
<DESCRIPTION>EX-99.1
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<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 3.2//EN">
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<TITLE> EX-99.1 </TITLE>
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<BODY style="font-family: 'Times New Roman',Times,serif">


<P align="right" style="font-size: 10pt"><FONT style="font-size: 10pt"><B>EXHIBIT 99.1</B></FONT>



<P align="center" style="font-size: 10pt"><FONT style="font-size: 14pt"><B>CONSOLIDATED WATER ANNOUNCES EQUITY OFFERING</B></FONT>



<P align="center" style="font-size: 14pt"><FONT style="font-size: 12pt"><B>BAHAMAS OFFERING TO RAISE B$11.2 MILLION FOR EXPANSION OF WATER PRODUCTION FACILITIES</B></FONT>



<P align="left" style="font-size: 12pt">GEORGE TOWN, Grand Cayman, Cayman Islands (October&nbsp;17, 2005) &#151; Consolidated Water Co. Ltd. (&#147;the
Company&#148;) (NASDAQ National Market: &#147;CWCO&#148;), which develops and operates seawater conversion plants
and water distribution systems in areas where natural supplies of drinking (i.e., potable) water
are scarce, today announced that it will commence an offering of Bahamian Depositary Receipts
(&#147;BDRs&#148;) representing up to 650,000 Ordinary (Common) Shares of the Company. The offering will be
made solely in The Bahamas commencing October&nbsp;17, 2005 and expiring November&nbsp;4, 2005, unless
extended. Fidelity Capital Markets Limited will act as Placement Agent in the offering. The BDRs
and the underlying shares will not be offered or sold in the United States or to U.S. persons (as
defined in Regulation&nbsp;S promulgated under the Securities Act of 1933).


<P align="left" style="font-size: 12pt">If the offering is completed, the Company estimates that the net proceeds after expenses will
approximate B$11.2&nbsp;million. The Company intends to use the proceeds to finance the construction of
a new seawater desalination plant known as the Blue Hills Plant and to expand the Company&#146;s
existing seawater desalination plant on the island of New Providence in the Commonwealth of The
Bahamas.


<P align="left" style="font-size: 12pt">&#147;This offering, which is exclusively to citizens and certain residents of The Bahamas, is in line
with our business philosophy of encouraging and facilitating local participation in our businesses
in the various Caribbean countries in which we operate,&#148; noted Rick McTaggart, Chief Executive
Officer of Consolidated Water Co. Ltd.


<P align="left" style="font-size: 12pt">Consolidated Water Co. Ltd. is engaged in the development and operation of seawater conversion
plants and/or water distribution systems in areas of the world where naturally occurring supplies
of potable water are scarce or nonexistent. Consolidated currently operates water production and/or
distribution facilities in the Cayman Islands, the British Virgin Islands, Barbados, Belize and the
Commonwealth of The Bahamas.


<P align="center" style="font-size: 10pt; display: none">1
<!-- PAGEBREAK -->

<P align="left" style="font-size: 12pt">The common stock of Consolidated Water Co. Ltd. is traded on the NASDAQ National Market under the
symbol &#147;CWCO&#148;. Additional information on the Company is available on its website at
<U>http://www.cwco.com</U>.


<P align="left" style="font-size: 12pt"><FONT style="font-size: 10pt"><I>This press release includes statements that may constitute &#147;forward-looking&#148; statements,
usually containing the words &#147;believe&#148;, &#147;estimate&#148;, &#147;project&#148;, &#147;intend&#148;, &#147;expect&#148; or similar
expressions. These statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially from the forward-looking
statements. Factors that would cause or contribute to such differences include, but are not
limited to, continued acceptance of the Company&#146;s products and services in the marketplace, changes
in its relationship with the Governments of the jurisdictions in which it operates, the ability to
successfully secure contracts for water projects in other countries, the ability to develop and
operate such projects profitably, the Company&#146;s ability to manage growth and other risks detailed
in the Company&#146;s periodic report filings with the Securities and Exchange Commission. In addition,
the unsuccessful bidder for the Blue Hills contract in Nassau is seeking an order from the Supreme
Court of the Commonwealth of The Bahamas rescinding the Water and Sewerage Corporation of The
Bahamas (&#147;WSC&#148;) award to the Company of the Blue Hills project and an order awarding the project to
the unsuccessful bidder. Accordingly, there can be no assurances that the contract between the
Company and WSC will remain in effect. WSC has agreed to indemnify the Company and Waterfields
Company Limited (&#147;Waterfields&#148;), a subsidiary of the Company, against all expenses and losses,
including loss of profits, which they may incur if the court awards the Blue Hills project to the
unsuccessful bidder. By making these forward-looking statements, the Company undertakes no
obligation to update these statements for revisions or changes after the date of this release.</I>
</FONT>

<P align="center" style="font-size: 10pt">For further information, please contact:



<P align="center" style="font-size: 10pt">Frederick W. McTaggart, President and CEO at (345)&nbsp;945-4277 or via e-mail at <U><I>info@cwco.com</I></U><BR>
<U><I>http://www.cwco.com</I></U><BR>
or<BR>
RJ Falkner &#038; Company, Inc., Investor Relations Counsel at (800)&nbsp;377-9893 or via e-mail at<BR>
<U><I>info@rjfalkner.com</I></U>




<P align="center" style="font-size: 10pt; display: none">2


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