X0202 4 2006-02-01 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 2005-12-31 5 J 0 E 22979.25 0 A 109463 D Common Stock 2006-02-01 4 J 0 2045.844 0 A 111508.844 D Common Stock 2005-12-31 5 J 0 E 1396.741 0 A 3043.295 I 401k Plan Shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 24, 2005 and paid September 30, 2005. 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 December 31, 2005. All shares were acquired in routine new-money acquisitions exempt under Rule 16b-3(c) and Rule 16a-3(f)(1)(i)(B). Also includes shares acquired pursuant to the Company's payment of a 5-for-4 stock split declared August 24, 2005 and paid on September 30, 2005. Received in exchange for 1800 shares of Nittany Financial Corp. Common Stock in connection with the merger of Nittany Financial Corp. into National Penn Bancshares, Inc. The merger was effective January 26, 2006. 70 percent of the total consideration in the merger was paid in National Penn Bancshares, Inc. stock; the balance of the merger consideration was paid in cash. On January 26, 2006, the closing price of National Penn Bancshares, Inc Common Stock was $21.17 per share. Teresa D. Steuer/Sandra L. Spayd, POA 2006-02-09