content: <html>
    <head>
      <title>
        Gary Rhoads form 144
  </title>
  <!-- Licensed to: The Scullin Group-->
  <!-- Document Created using EDGARIZER HTML 3.0.1.3 -->
  <!-- Copyright 2005 EDGARfilings, Ltd., an IEC company.-->
  <!-- All rights reserved EDGARfilings.com -->
  </head>
    <body bgcolor="#ffffff"><br>
      <div>
        <div align="left">
          <table border="0" cellpadding="0" cellspacing="0" width="100%">
  
              <tr>
                <td colspan="8" valign="top" width="81%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>UNITED
                    STATES</strong></font></div>
                </td>
                <td align="right" colspan="2" valign="top" width="19%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">OMB
                    APPROVAL</font></div>
                </td>
                <td valign="top" width="8%">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td colspan="8" valign="top" width="81%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
                    AND EXCHANGE COMMISSION</strong></font></div>
                </td>
                <td align="right" colspan="2" valign="top" width="19%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">OMB
                    Number: 3235-0101</font></div>
                </td>
                <td valign="top" width="8%">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td colspan="8" valign="top" width="81%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Washington,
                    D.C. 20549</strong></font></div>
                </td>
                <td align="right" colspan="2" valign="top" width="19%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Expires:
                    August 31,2003</font></div>
                </td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="10%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="9%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="13%">&#160;</td>
                <td align="left" valign="top" width="13%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
                <td align="left" colspan="2" valign="top" width="19%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Estimated
                    average burden</font></div>
                </td>
                <td valign="top" width="8%">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td colspan="8" valign="top" width="81%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>FORM
                    144</strong></font></div>
                </td>
                <td align="right" colspan="2" valign="top" width="19%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">hours
                    per response. . . 2.0</font></div>
                </td>
                <td valign="top" width="8%">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="10%">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
                <td valign="top" width="9%">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
                <td valign="top" width="13%">&#160;</td>
                <td valign="top" width="13%">&#160;</td>
                <td valign="top" width="10%">&#160;</td>
                <td valign="top" width="10%">&#160;</td>
                <td valign="top" width="9%" style="border-bottom: black thin solid;">&#160;</td>
                <td valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td colspan="8" valign="top" width="81%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>NOTICE
                    OF PROPOSED SALE OF SECURITIES</strong></font></div>
                </td>
                <td align="right" colspan="2" valign="top" width="19%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SEC
                    USE ONLY</font></div>
                </td>
                <td valign="top" width="8%">&#160;</td>
                <td valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td colspan="8" valign="top" width="81%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>PURSUANT
                    TO RULE 144 UNDER THE SECURITIES ACT OF 1933</strong></font></div>
                </td>
                <td align="right" colspan="2" valign="top" width="19%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DOCUMENT
                    SEQUENCE NO.</font></div>
                </td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="10%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ATTENTION:
                    </strong></font></div>
                </td>
                <td align="right" colspan="7" valign="top" width="71%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Transmit
                    for filing 3 copies of this form concurrently with either placing
                    an order
                    with</font></div>
                </td>
                <td align="left" colspan="2" valign="top" width="19%" style="border-bottom: black thin solid;">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CUSIP
                    NUMBER</font></div>
                </td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="10%">&#160;</td>
                <td align="left" colspan="7" valign="top" width="71%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">a
                    broker to execute sale or executing a sale directly with a market
                    maker</font></div>
                </td>
                <td align="left" colspan="2" valign="top" width="19%" style="border-bottom: black thin solid;">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">WORK
                    LOCATION</font></div>
                </td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="9%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="13%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="13%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="9%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" colspan="6" valign="top" width="61%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1
                    (a) NAME OF ISSUER (Please type or print)</font></div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
                <td align="left" valign="top" width="10%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)
                    IRS IDENT. NO.</font></div>
                </td>
                <td align="right" valign="top" width="9%">&#160;</td>
                <td align="right" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
                    S.E.C. FILE NO.</font></div>
                </td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" colspan="5" valign="top" width="51%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">National
                    Penn Bancshares, Inc</font></div>
                </td>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">23-2215075</font></div>
                </td>
                <td align="right" valign="top" width="9%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">10957</font></div>
                </td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" colspan="6" valign="top" width="61%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1(d)ADDRESS
                    OF ISSUER STREET CITY STATE ZIP CODE</font></div>
                </td>
                <td valign="top" width="10%">&#160;</td>
                <td valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(e)TELEPHONE</font></div>
                </td>
                <td align="right" valign="top" width="9%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PO
                    Box 547</font></div>
                </td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="9%" style="border-bottom: black thin solid;">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Boyertown</font></div>
                </td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="13%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PA</font></div>
                </td>
                <td align="right" valign="top" width="13%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19512</font></div>
                </td>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">AREA
                    CODE</font></div>
                </td>
                <td align="left" valign="top" width="9%" style="border-bottom: black thin solid;">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">610-369-6341</font></div>
                </td>
                <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NUMBERS</font></div>
                </td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" colspan="3" valign="top" width="27%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2
                    (a)NAME OF PERSON FOR WHOSE ACCOUNT </font>
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">THE
                      SECURITIES ARE TO BE SOLD</font></div>
                  </div>
                </td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="13%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)
                    IRS IDENT. NO.</font></div>
                </td>
                <td align="right" valign="top" width="13%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)
                    RELATIONSHIP </font></div>
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">TO
                    ISSUER&#160;&#160;&#160; </font></div>
                  <div align="right">&#160;</div>
                </td>
                <td align="right" colspan="4" valign="top" width="39%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)
                    ADDRESS STREET CITY STATE ZIP CODE</font></div>
                </td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" colspan="3" valign="top" width="27%">
                  <div align="left">&#160;</div>
                </td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="13%">&#160;</td>
                <td align="left" valign="top" width="13%">
                  <div align="left">&#160;</div>
                </td>
                <td align="left" valign="top" width="10%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
                <td align="left" valign="top" width="9%">&#160;</td>
                <td align="left" valign="top" width="10%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="right" colspan="2" valign="top" width="18%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Gary
                    L Rhoads</font></div>
                </td>
                <td align="right" valign="top" width="9%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="13%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="13%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CFO</font></div>
                </td>
                <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PO
                    Box 547 </font></div>
                </td>
                <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Boyertown</font></div>
                </td>
                <td align="right" valign="top" width="9%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PA</font></div>
                </td>
                <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19512</font></div>
                </td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="left" colspan="10" valign="top" width="100%" style="border-bottom: black thin solid;">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">INSTRUCTION:
                    The person filing this notice should contact the issuer to obtain
                    the
                    I.R.S. identification Number and the S.E.C. File Number.</font></div>
                </td>
                <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="left" valign="top" width="8%">&#160;</td>
              </tr>
  
          </table>
        </div>
        <div>&#160;</div>
        <div align="left">
          <table border="0" cellpadding="0" cellspacing="0" width="100%">
  
              <tr>
                <td align="left" valign="top" width="10%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3
                    (a)</font></div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(b)</font></div>
                </td>
                <td valign="top" width="9%">&#160;</td>
                <td valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>SEC
                    USE ONLY</strong></font></div>
                </td>
                <td align="left" valign="top" width="8%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(c)</font></div>
                </td>
                <td align="left" valign="top" width="8%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(d)</font></div>
                </td>
                <td valign="top" width="8%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(e)</font></div>
                </td>
                <td valign="top" width="8%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(f)</font></div>
                </td>
                <td valign="top" width="8%">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(g)</font></div>
                </td>
                <td valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Title
                    of the</font></div>
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;Class
                    of Securities To Be Sold</font></div>
                </td>
                <td colspan="3" valign="top" width="41%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Name
                    and Address of Each Broker Through Whom </font></div>
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">the
                    Securities are to be Offered or Each Market Maker who is </font></div>
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Acquiring
                    the Securities</font></div>
                </td>
                <td valign="top" width="9%" style="border-bottom: black thin solid;"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
                <td valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Broker-Dealer
                    File Number</font></div>
                </td>
                <td valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Number
                    of Shares or Other Units To Be Sold <em>(See instr
                    3(c))</em></font></div>
                </td>
                <td valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Aggregate
                    Market Value <em>(See instr. 3(d))</em></font></div>
                </td>
                <td valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Number
                    of Shares or Other Units Outstanding <em>(See
                    instr.3(e))</em></font></div>
                </td>
                <td valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Approximate
                    Date of Sale <em>(See instr 3(f)) </em>&#160;(MO DAY YR)</font></div>
                </td>
                <td valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">Name
                    of Each Securities Exchange <em>(See instr. 3(g))</em></font></div>
                </td>
                <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 9pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              </tr>
              <tr>
                <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common</font></div>
                </td>
                <td align="left" colspan="3" valign="top" width="41%" style="border-bottom: black thin solid;">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">National
                    Penn Investment Services</font></div>
                </td>
                <td align="right" valign="top" width="9%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6,000</font></div>
                </td>
                <td align="right" valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">132,000.00</font></div>
                </td>
                <td align="right" valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">43,410,093</font></div>
                </td>
                <td align="right" valign="top" width="8%" style="border-bottom: black thin solid;">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2/1/2006</font></div>
                </td>
                <td align="right" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                <td align="right" valign="top" width="8%">&#160;</td>
              </tr>
              <tr>
                <td align="right" colspan="12" valign="top" width="100%" style="border-bottom: black thin solid;">&#160;</td>
              </tr>
              <tr>
                <td align="left" colspan="12" valign="top" width="100%" style="border-bottom: black thin solid;">&#160;</td>
              </tr>
              <tr>
                <td align="left" colspan="12" valign="top" width="100%">
                  <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 7pt; FONT-FAMILY: Arial">INSTRUCTION:</font></div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div align="right"><font style="DISPLAY: inline; FONT-SIZE: 6pt; FONT-FAMILY: Arial">1</font></div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(a)
                    Name of issuer</font></div>
                </td>
                <td align="right" valign="top" width="9%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">3</font></div>
                </td>
                <td align="right" colspan="4" valign="top" width="32%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(a)
                    Title of
                    the class of securities to be sold</font></div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div>&#160;</div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(b)
                    Issuer's
                    IRS Identification Number</font></div>
                </td>
                <td align="left" valign="top" width="9%">
                  <div>&#160;</div>
                </td>
                <td align="left" colspan="5" valign="top" width="40%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(b)
                    Name and
                    address of each broker through whom the securities are intended
                    to be
                    sold</font></div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div>&#160;</div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(c)
                    Issuer's
                    SEC file number, if any </font></div>
                </td>
                <td align="left" valign="top" width="9%">
                  <div>&#160;</div>
                </td>
                <td align="left" colspan="6" valign="top" width="40%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(c)
                    Number of
                    shares or other units to be sold (if debt securities, give the
                    aggregate
                    face amount)</font></div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div>&#160;</div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(d)
                    Issuer's
                    address, including zip code</font></div>
                </td>
                <td align="left" valign="top" width="9%">
                  <div>&#160;</div>
                </td>
                <td align="left" colspan="6" valign="top" width="40%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(d)
                    Aggregate
                    market value of the securities to be sold as of a specified date
                    within 10
                    days prior to the filing of this notice</font></div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div>&#160;</div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(e)
                    Issuer's
                    telephone number, including area code</font></div>
                </td>
                <td align="left" valign="top" width="9%">
                  <div>&#160;</div>
                </td>
                <td align="left" colspan="6" valign="top" width="40%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(e)
                    Number of
                    shares or other units of the class outstanding or if debt securities
                    the
                    face amount thereof outstanding as </font></div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">2</font></div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(a)
                    Name of
                    person for whose account the securities are to be sold</font></div>
                </td>
                <td align="left" valign="top" width="9%">
                  <div>&#160;</div>
                </td>
                <td align="left" colspan="5" valign="top" width="40%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">shown
                    by the
                    most recent report or statement published by the issuer</font></div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div>&#160;</div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(b)
                    Such
                    person's IRS identification number, if such person is an
                    entity</font></div>
                </td>
                <td align="left" valign="top" width="9%">
                  <div>&#160;</div>
                </td>
                <td align="left" colspan="5" valign="top" width="40%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(f)
                    Approximate date on which the securities are to be sold</font></div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div>&#160;</div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(c)
                    Such
                    person's relationship to the issuer (e.g. officer, director,
                    10%</font></div>
                </td>
                <td align="left" valign="top" width="9%">
                  <div>&#160;</div>
                </td>
                <td align="left" colspan="5" valign="top" width="40%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(g)
                    Name of
                    each securities exchange, if any, on which the securities are intended
                    to
                    be sold</font></div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div>&#160;</div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">stockholder,
                    or member of immediate family of any of the foregoing)</font></div>
                </td>
                <td align="right" valign="top" width="9%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
                <td align="right" valign="top" width="8%">
                  <div>&#160;</div>
                </td>
              </tr>
              <tr>
                <td align="right" valign="top" width="10%">
                  <div>&#160;</div>
                </td>
                <td align="right" colspan="3" valign="top" width="41%">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">(d)
                    Such
                    person's address, including zip code</font></div>
                </td>
                <td align="right" valign="top" width="9%">&#160;</td>
                <td align="right" valign="top" width="8%">&#160;</td>
                <td align="right" valign="top" width="8%">&#160;</td>
                <td align="right" valign="top" width="8%">&#160;</td>
                <td align="right" valign="top" width="8%">&#160;</td>
                <td align="right" valign="top" width="8%">&#160;</td>
                <td align="right" valign="top" width="8%">&#160;</td>
                <td align="right" valign="top" width="8%">&#160;</td>
              </tr>
  
          </table>
        </div>
      </div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div>&#160;</div>
      <div>&#160;</div>
      <div><br>
        <div>
          <div align="left">
            <table border="0" cellpadding="0" cellspacing="0" width="100%">
  
                <tr>
                  <td colspan="7" valign="top" width="85%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial"><strong>TABLE
                      I &#8212; SECURITIES TO BE SOLD</strong></font></div>
                  </td>
                </tr>
                <tr>
                  <td colspan="7" valign="top" width="85%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Furnish
                      the following information with respect to the acquisition of
                      the
                      securities to be sold</em></font></div>
                  </td>
                </tr>
                <tr>
                  <td colspan="7" valign="top" width="85%" style="border-bottom: black thin solid;">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>and
                      with respect to the payment of all or any part of the purchase
                      price or
                      other consideration therefor:</em></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Title
                      o</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">f</font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;Class</font></div>
                  </td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                      you </font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Acquired</font></div>
                  </td>
                  <td align="left" valign="top" width="22%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Nature
                      of </font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Acquisition
                      Transaction</font></div>
                  </td>
                  <td align="left" valign="top" width="21%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Name
                      of Person from Whom Acquired (if gift, also give date donor
                      acquired)</font></div>
                  </td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount
                      of Securities Acquired</font></div>
                  </td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                      </font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                      Payment</font></div>
                  </td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Nature
                      of </font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Payment</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="10%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Common</font></div>
                  </td>
                  <td align="right" valign="top" width="8%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">12/18/1996</font></div>
                  </td>
                  <td align="right" valign="top" width="22%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Non
                      Qualified Stock Opt granted </font></div>
                  </td>
                  <td align="right" valign="top" width="21%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">National
                      Penn Bancshares Stock</font></div>
                  </td>
                  <td align="right" valign="top" width="8%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6,000</font></div>
                  </td>
                  <td align="right" valign="top" width="8%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Payable
                      on</font></div>
                  </td>
                  <td align="right" valign="top" width="8%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">cash</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="right" valign="top" width="22%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">by
                      Company</font></div>
                  </td>
                  <td align="right" valign="top" width="21%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Option
                      grants</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="right" valign="top" width="8%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">exercise</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="22%">&#160;</td>
                  <td align="left" valign="top" width="21%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="22%">&#160;</td>
                  <td align="left" valign="top" width="21%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="22%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="21%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">INSTRUCTIONS:
                      </font></div>
                  </td>
                  <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td align="left" valign="top" width="22%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td align="left" valign="top" width="21%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">1.
                      If the
                      securities were purchased and full payment therefor was not made
                      in cash
                      </font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></div>
                  </td>
                  <td align="left" colspan="4" valign="top" width="45%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;2.
                      If within
                      two years after the acquisition of the securities the person
                      for whose
                      account they are</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">at
                      the time of
                      purchase, explain in the table orin a note thereto the nature
                      of
                      the</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></div>
                  </td>
                  <td align="left" colspan="4" valign="top" width="45%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;to
                      be sold had
                      any short positions, put or other option to dispose of securities
                      referred
                      to in</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">consideration
                      given. If the consideration consisted of any note or other
                      obligation,</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></div>
                  </td>
                  <td align="left" colspan="4" valign="top" width="45%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;paragraph
                      (d)(3) of Rule 144, furnish full information with respect
                      thereto.</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">or
                      ifpayment
                      was made in installments describe the arrangement and state when
                      the</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></div>
                  </td>
                  <td align="left" valign="top" width="21%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%" style="border-bottom: black double;">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">note
                      or other
                      obligation was discharged in full or the last installment
                      paid.</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></div>
                  </td>
                  <td valign="top" width="21%" style="border-bottom: black double;"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                  <td valign="top" width="8%" style="border-bottom: black double;">&#160;</td>
                  <td valign="top" width="8%" style="border-bottom: black double;">&#160;</td>
                  <td valign="top" width="8%" style="border-bottom: black double;">&#160;</td>
                </tr>
  
            </table>
          </div>
          <div>&#160;</div>
          <div>&#160;</div>
          <div>&#160;</div>
          <div align="left">
            <table border="0" cellpadding="0" cellspacing="0" width="100%">
  
                <tr>
                  <td colspan="7" valign="top" width="85%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>TABLE
                      II &#8212; SECURITIES SOLD DURING THE PAST 3 MONTHS</strong></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" colspan="7" valign="top" width="85%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Furnish
                      the following information as to all securities of the issuer
                      sold during
                      the past 3 months by the person for whose account the securities
                      are to be
                      sold.</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Name
                      and </font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Address
                      of Seller</font></div>
                  </td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="22%" style="border-bottom: black thin solid;">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="21%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Title
                      of </font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Securities
                      Sold</font></div>
                  </td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date
                      </font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">of
                      Sale</font></div>
                  </td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Amount
                      of Securities Sold</font></div>
                  </td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Gross
                      </font></div>
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Proceeds</font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="10%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">none</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="22%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="21%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="22%">&#160;</td>
                  <td align="left" valign="top" width="21%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="22%">&#160;</td>
                  <td align="left" valign="top" width="21%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="22%">&#160;</td>
                  <td align="left" valign="top" width="21%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="22%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="21%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                  <td align="left" valign="top" width="8%" style="border-bottom: black thin solid;">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">REMARKS:</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="22%">&#160;</td>
                  <td align="left" valign="top" width="21%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="22%">&#160;</td>
                  <td align="left" valign="top" width="21%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="left" valign="top" width="10%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">INSTRUCTIONS:</font></div>
                  </td>
                  <td align="right" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="right" valign="top" width="22%">
                    <div>&#160;</div>
                  </td>
                  <td align="right" colspan="2" valign="top" width="29%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">ATTENTION:</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">See
                      the
                      definition of "person" in paragraph (a) of Rule 144. Information
                      is to
                      be</font></div>
                  </td>
                  <td align="right" colspan="2" valign="top" width="29%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">The
                      person for
                      whose account the securities to which this notice relates are
                      to be sold
                      herby</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">given
                      not only
                      as to the person for whose account the securities are to be sold
                      but</font></div>
                  </td>
                  <td align="right" colspan="2" valign="top" width="29%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">represents
                      by
                      signing this notice that he does not know any material adverse
                      information
                      in regard</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">also
                      as to all
                      other persons included in that definition. In addition, information
                      shall</font></div>
                  </td>
                  <td align="right" colspan="2" valign="top" width="29%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">to
                      the current
                      and prospective operations of the Issuer of the securities to
                      be sold
                      which has not</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">be
                      given as to
                      sales by all persons whose sales are required by paragraph (e)
                      of
                      </font></div>
                  </td>
                  <td align="right" colspan="2" valign="top" width="29%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">been
                      publicly
                      disclosed.</font></div>
                  </td>
                  <td align="left" valign="top" width="8%">
                    <div>&#160;</div>
                  </td>
                  <td align="left" valign="top" width="8%"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">&#160;</font></td>
                </tr>
                <tr>
                  <td align="left" colspan="3" valign="top" width="40%">
                    <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">Rule
                      144 to be
                      aggregated with sales for the account of the person filing this
                      notice.</font></div>
                  </td>
                  <td align="right" valign="top" width="21%">&#160;</td>
                  <td align="right" valign="top" width="8%">&#160;</td>
                  <td align="right" valign="top" width="8%">&#160;</td>
                  <td align="right" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="10%">&#160;</td>
                  <td align="right" valign="top" width="8%">&#160;</td>
                  <td align="right" valign="top" width="22%">&#160;</td>
                  <td align="right" valign="top" width="21%">&#160;</td>
                  <td align="right" valign="top" width="8%">&#160;</td>
                  <td align="right" valign="top" width="8%">&#160;</td>
                  <td align="right" valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td align="right" valign="top" width="10%" style="border-bottom: black thin solid;">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial">2/1/2006</font></div>
                  </td>
                  <td align="right" valign="top" width="8%" style="border-bottom: #ffffff thin solid;">&#160;</td>
                  <td align="right" valign="top" width="22%">&#160;</td>
                  <td align="right" valign="top" width="21%" style="border-bottom: black thin solid;">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td valign="top" width="10%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 7pt; FONT-FAMILY: Arial">DATE
                      OF
                      NOTICE</font></div>
                  </td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="22%">&#160;</td>
                  <td valign="top" width="21%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURE</font></div>
                  </td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td valign="top" width="10%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="22%">&#160;</td>
                  <td valign="top" width="21%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td colspan="7" valign="top" width="85%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>The
                      notice shall be signed by the person for whose account the securities
                      are
                      to be sold. At least one copy</em></font></div>
                  </td>
                </tr>
                <tr>
                  <td align="right" colspan="7" valign="top" width="85%">
                    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>of
                      the notice shall be manually signed.</em></font></div>
                  </td>
                </tr>
                <tr>
                  <td colspan="7" valign="top" width="85%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><em>Any
                      copies not manually signed shall bear typed or printed
                      signatures</em></font></div>
                  </td>
                </tr>
                <tr>
                  <td valign="top" width="10%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="22%">&#160;</td>
                  <td valign="top" width="21%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td valign="top" width="10%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="22%" style="border-bottom: black thin solid;">&#160;</td>
                  <td valign="top" width="21%" style="border-bottom: black thin solid;">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td valign="top" width="10%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td colspan="2" valign="top" width="43%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>ATTENTION:</strong></font></div>
                  </td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td valign="top" width="10%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td colspan="2" valign="top" width="43%">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Intentional
                      misstatements or ommission of facts constitute</strong></font></div>
                  </td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                </tr>
                <tr>
                  <td valign="top" width="10%">&#160;</td>
                  <td valign="top" width="8%">&#160;</td>
                  <td colspan="2" valign="top" width="43%" style="border-bottom: black thin solid;">
                    <div align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Federal
                      Criminal Violations (See 18 U.S.C. 1001)</strong></font></div>
                  </td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                  <td align="left" valign="top" width="8%">&#160;</td>
                </tr>
  
            </table>
          </div>
        </div>
      </div>
      <div>&#160;</div>
      <div>&#160;
  
        <div>
          <hr style="COLOR: black" align="left" noshade size="2" width="100%">
        </div>
      </div>
    </body>
  </html>
metadata_documents: [{"type": "144", "sequence": "1", "filename": "rhoads144.htm", "description": "GARY RHOADS FORM 144", "secsgml_size_bytes": 81035}]
text: Gary Rhoads form 144
  UNITED
                    STATES
  OMB
                    APPROVAL
  SECURITIES
                    AND EXCHANGE COMMISSION
  OMB
                    Number: 3235-0101
  Washington,
                    D.C. 20549
  Expires:
                    August 31,2003
  Estimated
                    average burden
  FORM
                    144
  hours
                    per response. . . 2.0
  NOTICE
                    OF PROPOSED SALE OF SECURITIES
  SEC
                    USE ONLY
  PURSUANT
                    TO RULE 144 UNDER THE SECURITIES ACT OF 1933
  DOCUMENT
                    SEQUENCE NO.
  ATTENTION:
  Transmit
                    for filing 3 copies of this form concurrently with either placing
                    an order
                    with
  CUSIP
                    NUMBER
  a
                    broker to execute sale or executing a sale directly with a market
                    maker
  WORK
                    LOCATION
  1
                    (a) NAME OF ISSUER (Please type or print)
  (b)
                    IRS IDENT. NO.
  (c)
                    S.E.C. FILE NO.
  National
                    Penn Bancshares, Inc
  23-2215075
  10957
  1(d)ADDRESS
                    OF ISSUER STREET CITY STATE ZIP CODE
  (e)TELEPHONE
  PO
                    Box 547
  Boyertown
  PA
  19512
  AREA
                    CODE
  610-369-6341
  NUMBERS
  2
                    (a)NAME OF PERSON FOR WHOSE ACCOUNT
  THE
                      SECURITIES ARE TO BE SOLD
  (b)
                    IRS IDENT. NO.
  (c)
                    RELATIONSHIP
  TO
                    ISSUER
  (d)
                    ADDRESS STREET CITY STATE ZIP CODE
  Gary
                    L Rhoads
  CFO
  PO
                    Box 547
  Boyertown
  PA
  19512
  INSTRUCTION:
                    The person filing this notice should contact the issuer to obtain
                    the
                    I.R.S. identification Number and the S.E.C. File Number.
  3
                    (a)
  (b)
  SEC
                    USE ONLY
  (c)
  (d)
  (e)
  (f)
  (g)
  Title
                    of the
  Class
                    of Securities To Be Sold
  Name
                    and Address of Each Broker Through Whom
  the
                    Securities are to be Offered or Each Market Maker who is
  Acquiring
                    the Securities
  Broker-Dealer
                    File Number
  Number
                    of Shares or Other Units To Be Sold
  (See instr
                    3(c))
  Aggregate
                    Market Value
  (See instr. 3(d))
  Number
                    of Shares or Other Units Outstanding
  (See
                    instr.3(e))
  Approximate
                    Date of Sale
  (See instr 3(f))
  (MO DAY YR)
  Name
                    of Each Securities Exchange
  (See instr. 3(g))
  Common
  National
                    Penn Investment Services
  6,000
  132,000.00
  43,410,093
  2/1/2006
  INSTRUCTION:
  1
  (a)
                    Name of issuer
  3
  (a)
                    Title of
                    the class of securities to be sold
  (b)
                    Issuer's
                    IRS Identification Number
  (b)
                    Name and
                    address of each broker through whom the securities are intended
                    to be
                    sold
  (c)
                    Issuer's
                    SEC file number, if any
  (c)
                    Number of
                    shares or other units to be sold (if debt securities, give the
                    aggregate
                    face amount)
  (d)
                    Issuer's
                    address, including zip code
  (d)
                    Aggregate
                    market value of the securities to be sold as of a specified date
                    within 10
                    days prior to the filing of this notice
  (e)
                    Issuer's
                    telephone number, including area code
  (e)
                    Number of
                    shares or other units of the class outstanding or if debt securities
                    the
                    face amount thereof outstanding as
  2
  (a)
                    Name of
                    person for whose account the securities are to be sold
  shown
                    by the
                    most recent report or statement published by the issuer
  (b)
                    Such
                    person's IRS identification number, if such person is an
                    entity
  (f)
                    Approximate date on which the securities are to be sold
  (c)
                    Such
                    person's relationship to the issuer (e.g. officer, director,
                    10%
  (g)
                    Name of
                    each securities exchange, if any, on which the securities are intended
                    to
                    be sold
  stockholder,
                    or member of immediate family of any of the foregoing)
  (d)
                    Such
                    person's address, including zip code
  TABLE
                      I — SECURITIES TO BE SOLD
  Furnish
                      the following information with respect to the acquisition of
                      the
                      securities to be sold
  and
                      with respect to the payment of all or any part of the purchase
                      price or
                      other consideration therefor:
  Title
                      o
  f
  Class
  Date
                      you
  Acquired
  Nature
                      of
  Acquisition
                      Transaction
  Name
                      of Person from Whom Acquired (if gift, also give date donor
                      acquired)
  Amount
                      of Securities Acquired
  Date
  of
                      Payment
  Nature
                      of
  Payment
  Common
  12/18/1996
  Non
                      Qualified Stock Opt granted
  National
                      Penn Bancshares Stock
  6,000
  Payable
                      on
  cash
  by
                      Company
  Option
                      grants
  exercise
  INSTRUCTIONS:
  1.
                      If the
                      securities were purchased and full payment therefor was not made
                      in cash
  2.
                      If within
                      two years after the acquisition of the securities the person
                      for whose
                      account they are
  at
                      the time of
                      purchase, explain in the table orin a note thereto the nature
                      of
                      the
  to
                      be sold had
                      any short positions, put or other option to dispose of securities
                      referred
                      to in
  consideration
                      given. If the consideration consisted of any note or other
                      obligation,
  paragraph
                      (d)(3) of Rule 144, furnish full information with respect
                      thereto.
  or
                      ifpayment
                      was made in installments describe the arrangement and state when
                      the
  note
                      or other
                      obligation was discharged in full or the last installment
                      paid.
  TABLE
                      II — SECURITIES SOLD DURING THE PAST 3 MONTHS
  Furnish
                      the following information as to all securities of the issuer
                      sold during
                      the past 3 months by the person for whose account the securities
                      are to be
                      sold.
  Name
                      and
  Address
                      of Seller
  Title
                      of
  Securities
                      Sold
  Date
  of
                      Sale
  Amount
                      of Securities Sold
  Gross
  Proceeds
  none
  REMARKS:
  INSTRUCTIONS:
  ATTENTION:
  See
                      the
                      definition of "person" in paragraph (a) of Rule 144. Information
                      is to
                      be
  The
                      person for
                      whose account the securities to which this notice relates are
                      to be sold
                      herby
  given
                      not only
                      as to the person for whose account the securities are to be sold
                      but
  represents
                      by
                      signing this notice that he does not know any material adverse
                      information
                      in regard
  also
                      as to all
                      other persons included in that definition. In addition, information
                      shall
  to
                      the current
                      and prospective operations of the Issuer of the securities to
                      be sold
                      which has not
  be
                      given as to
                      sales by all persons whose sales are required by paragraph (e)
                      of
  been
                      publicly
                      disclosed.
  Rule
                      144 to be
                      aggregated with sales for the account of the person filing this
                      notice.
  2/1/2006
  DATE
                      OF
                      NOTICE
  SIGNATURE
  The
                      notice shall be signed by the person for whose account the securities
                      are
                      to be sold. At least one copy
  of
                      the notice shall be manually signed.
  Any
                      copies not manually signed shall bear typed or printed
                      signatures
  ATTENTION:
  Intentional
                      misstatements or ommission of facts constitute
  Federal
                      Criminal Violations (See 18 U.S.C. 1001)