X0202 4 2007-12-31 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001334317 Beaver Thomas Arthur PHILADELPHIA & READING AVENUES P. O. BOX 547 BOYERTOWN PA 19512-0547 1 0 0 0 Common Stock 2007-09-28 5 J 0 E 398.31 0 A 13689.31 D Common Stock 2007-09-28 5 J 0 E 60 0 A 2060 I Thomas Andrew Beaver UGMA/PA Phantom Stock 2007-12-31 4 A 0 2007.3389 15.797 A Common Stock 2007.3389 5922.912 D Shares acquired pursuant to the Company's payment of a 3% stock dividend declared August 22, 2007 and paid September 28, 2007. The phantom stock units were accrued under the National Penn Bancshares, Inc. Directors' Fee Plan and are to be settled in National Penn Bancshares, Inc. common stock upon the reporting person's retirement as a director or reaching the age of 65, as elected by such person. Includes 84.5521 phantom stock units acquired upon reinvestment of dividend accrued on phantom stock units under the Directors' Fee Plan: 39.3201 on 8/17/07 and 45.2320 on 11/17/07. Because the Company has a dividend reinvestment plan available to substantially all of its shareholders on terms similar to the dividend reinvestment feature of the Directors' Fee plan, the acquisition of phantom stock units with reinvested dividends is exempt from line item reporting under SEC Rule 16a-11. Also includes 118.6468 shares acquired pursuant to the Company's payment of a 3% stock dividend declared on August 22, 2007 and paid on September 28, 2007. 1 for 1 Sandra L. Spayd/Teresa D. Steuer 2008-01-03