X0202 4 2007-12-10 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001145543 WEAVER SHARON L PHILADELPHIA & READING AVENUES P. O. BOX 547 BOYERTOWN PA 19512-0547 0 1 0 0 GROUP EVP Common Stock 2007-12-10 4 M 0 16862 12.3835 A 23555.3188 D Common Stock 2007-12-10 4 S 0 16862 16.8238 D 6693.3188 D Common Stock 2007-12-11 5 J 0 E 465.6899 0 A 7159.0087 D Common Stock 2007-12-11 5 J 0 E 1356.942 0 A 13608.168 I 401k Plan Employee Stock Option (Right to Buy) 12.3835 2007-12-10 4 M 0 16862 12.3835 D 1999-12-11 2008-01-11 Common Stock 16862 0 D Includes 259.4664 shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan on 2/17/07; 5/17/07; 8/17/07 and 11/17/07. Also includes 206.2235 shares acquired pursuant to the Company's payment of a 3% stock dividend declared on August 22, 2007 and paid on September 28, 2007. 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 November 30, 2007. 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 3% stock split declared August 22, 2007 and paid on September 28, 2007. Additional options held with various exercise prices or expiration dates. Total options held are 143,501. Teresa D. Steuer/Sandra L. Spayd, POA 2007-12-11