X0303 4 2008-06-30 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 14767.31 D Common Stock 2060 I Thomas Andrew Beaver UGMA/PA Phantom Stock 2008-06-30 4 A 0 1546.286 14.404 A Common Stock 1546.286 7469.198 D Shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan on February 17, and May 17, 2008. Includes phantom stock units acquired upon "reinvestment" of dividend accrued on phantom stock units under the Directors' Fee Plan on 2/17/08 and 5/17/08. Because the Company has a dividend reinvestment plan available to substanitally 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. 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. 1 for 1 Michelle H. Debkowski/Teresa D. Steuer 2008-07-01