X0202 5 2004-12-31 0 0 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001145538 RHOADS GARY L PHILADELPHIA & READING AVENUES P. O. BOX 547 BOYERTOWN PA 19512-0547 0 1 0 0 Treasurer Common Stock 2004-12-31 5 J 0 214.2333 0 A 36191.0259 D Common Stock 15584.8028 I 401K Plan Common Stock 2004-09-30 5 J 0 6.2746 0 A 236.5565 I SON Common Stock 2004-12-31 5 J 0 14.8695 0 A 251.426 I SON Common Stock 93.9213 I Son's 401k Plan shares were acquired pursuant to the Company's payment of a five-for-four stock split declared August 25, 2004, and paid September 30, 2004. Includes 170.4047 shares acquired through Company's exempt Employee Stock Purchase Plan during fourth quarters 2004. Also includes 43.8286 shares acquired upon reinvestment of cash dividend under the Company's exempt Dividend Reinvestment Plan on 11/17/04. No reportable activity since last filing dated December 2, 2004 Includes 13.1461 shares acquired through Company's exempt Employee Stock Purchase Plan during fourth quarters 2004. Also includes 1.7234 shares acquired upon reinvestment of cash dividend under the Company's exempt Dividend Reinvestment Plan on 11/17/04. Teresa D. Steuer/Sandra L. Spayd, POA 2005-02-08