X0202 4 2005-08-31 0001163428 WILLOW GROVE BANCORP INC/NEW WGBC 0001251832 SEXTON MICHAEL J C/O WILLOW GROVE BANK WELSH AND NORRISTOWN ROADS MAPLE GLEN PA 19002 0 1 0 0 (2) Common Stock 2005-08-31 4 A 0 114 A 114 I By self as custodian for children Common Stock 600 D Common Stock 1000 I By IRA Pursuant to the merger agreement between Willow Grove Bancorp, Inc. (the "Issuer") and Chester Valley Bancorp Inc. ("CVAL") each share of CVAL's common stock was converted into the right to receive either $27.90 in cash or 1.4823 shares of the Issuer's common stock, subject to the allocation, election and proration provisions of the merger agreement. The number of shares reflected herein are subject to change upon completion of the allocation, election, and proration procedures required in the merger agreement (2) - Vice President and Controller, Willow Grove Bank (Issuer subsidiary) /s/ Michael J. Sexton 2005-09-02