X0202 4 2005-09-12 0 0001163428 WILLOW GROVE BANCORP INC/NEW WGBC 0001251832 SEXTON MICHAEL J 100 E. LANCASTER AVE. DOWNINGTOWN PA 19335 0 1 0 0 2 Common Stock 2005-09-12 4 P 0 1500 15.80 A 2100 D Common Stock 114 I By self as custodian for children Common Stock 1000 I By IRA Pursant 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 allocations, election and proration provisions of the merger agreement. The 114 shares included herein as held indirectly as custodian for his children are subject to change upon completion of the allocation, election, and proration procedures requested in the merger agreement. (2) Vice President and Controller, Willow Grove Bank (Issuer's subsidiary) Michael J. Sexton 2005-09-13