X0201 4 2004-01-02 0 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001145535 LANGIOTTI PATRICIA L 15 SEVEN SPRINGS DRIVE READING PA 19607 1 0 0 0 Stock Option (Right to Buy) 32.67 2004-01-02 5 A 0 1149 0 A 2006-01-02 2014-01-02 Common Stock 1149 1149 D Reflects adjustment on account of 5% stock dividend paid by the Company on September 30, 2003. Under certain circumstances, the exercise date may be accelerated, but not to a date before 7/2/04, except in the case of death or disability. Additional options held with various exercise prices or expiration dates. Total options held, after adjustment for 5% stock dividend paid by the Company on September 30, 2003, are 10,341. Teresa D. Steuer, Power of Attorney 2004-01-06