X0202 4 2004-10-27 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001282408 WORTHINGTON DONALD P PHILADELPHIA & READING AVENUES P. O. BOX 547 BOYERTOWN PA 19512-0547 1 1 0 0 Executive Vice President Common Stock 2004-10-27 4 S 0 500 25.41 D 98433.75 D Common Stock 2004-10-27 4 S 0 300 25.55 D 98133.75 D Common Stock 2004-10-27 4 S 0 100 25.58 D 98033.75 D Common Stock 2004-10-27 4 S 0 100 25.59 D 97933.75 D Common Stock 2004-10-29 4 S 0 1000 26.61 D 96933.75 D Common Stock 984.531 I 401k Plan Includes shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 25, 2004 and paid September 30, 2004. Includes 657.381 shares acquired pursuant to the Company's Capital Accumulation Plan (a 401 (K) plan). The total is based on the most recent plan statement available (as of September 30, 2004). All shares were acquired in routine new-money acquisitions exempt under Rule 16b-3(c) and Rule 16a-3(f)(I)(I)(B). Also includes shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 24, 2004 and paid on September 30, 2004. Teresa D. Steuer/Sandra L. Spayd, POA 2004-11-05