BOYERTOWN, Pa., July 23 /EMWNews/ -- The Board of

Directors of National Penn Bancshares, Inc. (Nasdaq: NPBC) has declared a

third quarter cash dividend of 17 cents per share payable to shareholders

of record as of August 2, 2008. The cash dividend will be paid August 16,

2008.



    National Penn Bancshares, Inc. has approximately 79.6 million common

shares outstanding as of July 23, 2008.

    About National Penn Bancshares, Inc.:



    National Penn Bancshares, Inc., with $9.2 billion in assets, is the

fifth largest bank holding company based in Pennsylvania.



    Headquartered in Boyertown, National Penn operates 127 offices: 124

offices in Pennsylvania and one office in Maryland through National Penn

Bank and its FirstService Bank, HomeTowne Heritage Bank, KNBT, and Nittany

Bank divisions, and two offices in Delaware through its wholly-owned

subsidiary, Christiana Bank & Trust Company.



    National Penn's financial services affiliates consist of National Penn

Investors Trust Company; National Penn Capital Advisors, Inc.; Vantage

Investment Advisors, LLC; National Penn Leasing Company; National Penn

Insurance Agency, Inc.; Caruso Benefits Group, Inc.; and Higgins Insurance

Associates, Inc.



    National Penn Bancshares, Inc. common stock is traded on the Nasdaq

Stock Market under the symbol "NPBC". Additional information about the

National Penn family is available on the Company's Web site at

http://www.nationalpennbancshares.com.