X0202 4 2006-12-29 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 2006-12-29 5 J 0 E 15471.6267 0 A 531026.6267 D Common Stock 2006-12-29 5 J 0 E 436 0 A 15031 I Profit Sharing Plan Common Stock 2006-12-29 5 J 0 E 357 0 A 12269 I Spouse Phantom Stock 2006-12-29 4 A 0 1894.8938 20.256 A Common Stock 1894.8938 12251.4024 D 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. Includes 174.5693 phantom stock units acquired upon reinvestment of dividend accrued on phantom stock units under the Directors' Fee Plan: 87.9794 on 8/17/06 and 86.5899 on 11/17/06. Because the Company has a dividend reinvestment plan available to substantially 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. Also includes 313.3346 shares acquired pursuant to the Company's payment of a 3% stock dividend declared August 23, 2006 and paid on September 30, 2006. Shares acquired pursuant to the Company's payment of a 3% stock dividend declared August 23, 2006 and paid September 30, 2006. Includes 6.4854 shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan. Also includes 15,465.1413 shares acquired pursuant to the Company's payment of a 3% stock dividend declared on August 23, 2006 and paid on September 30, 2006. 1 for 1 Teresa D. Steuer/Sandra L. Spayd, POA 2007-01-03