X0202 4 2005-06-30 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001145539 RIGG ROBERT E PHILADELPHIA & READING AVENUES P. O. BOX 547 BOYERTOWN PA 19512-0547 1 0 0 0 Common Stock 411925 D Common Stock 11677.5 I Profit Sharing Plan Common Stock 9930 I Spouse Phantom Stock 2005-06-30 4 A 0 472.3264 0 A Common Stock 472.3264 6518.9661 D Includes 97.8628 phantom stock units acquired upon "reinvestment" of dividend accrued on phantom stock units under the Directors' Fee Plan: 46.6490 on 2/17/04; 51.2192 on 5/17/04. Because the Company has a dividend reinvestment plan available to substanitally all of its shareholders on terms similar to the dividend reinvestment feature of the Directors' Fee Plan, the acquisition of phantom stock units with "reinvested" dividends is exempt from line item reporting under SEC Rule 16a-11. The phantom stock units were accrued under the National Penn Bancshares, Inc. Directors' Fee Plan and are to be settled in National Penn Bancshares, Inc. common stock upon the reporting person's retirement as a director or reaching the age of 65, as elected by such person. 1 for 1 Teresa D. Steuer/Sandra L. Spayd, POA 2005-07-01