X0303 4 2011-03-17 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001246955 MARTIN CHRISTIAN F IV PHILADELPHIA & READING AVENUES P. O. BOX 547 BOYERTOWN PA 19512-0547 1 Common Stock 2011-03-17 4 P 0 1373.6263 7.28 A 275326.32 D Common Stock 4438 I Daughter Common Stock 53226.9475 I Spouse Common Stock 56120.222 I Subsidiary The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Balance includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan. Shares purchased through voluntary cash contribution feature of NPBC's Dividend Reinvestment Plan, per the reporting person's 10b5-1 Plan dated April 27, 2010 and approved by NPBC's Board of Directors. /s/ H. Anderson Ellsworth, by power of attorney 2011-03-18