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National Penn Bancshares, Inc. Declares Fourth Quarter 2014 Cash Dividend

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National Penn Bancshares, Inc. (Nasdaq: NPBC) (“National Penn”) announced today that it has declared a fourth quarter cash dividend of eleven cents ($0.11) per common share payable to shareholders of record as of Monday, November 3, 2014. The cash dividend will be paid Monday, November 17, 2014.

“We are very pleased to be able to increase our dividend by 10% this quarter,” said Scott V. Fainor, president and CEO of National Penn. “The increase is reflective of the strength of our balance sheet and operating performance, as well as our commitment to ongoing capital management strategies to enhance shareholder value.”

About National Penn Bancshares, Inc.:

National Penn Bancshares, Inc., with approximately $8.6 billion in assets, is a bank holding company headquartered in Allentown, Pennsylvania. National Penn Bank operates 111 branch offices comprising 110 branches in Pennsylvania and one branch in Maryland.

National Penn’s financial services affiliates are National Penn Wealth Management, N.A., including its National Penn Investors Trust Company division; Institutional Advisors LLC; and National Penn Insurance Services Group, Inc., including its Higgins Insurance and Caruso Benefits Group divisions.

National Penn Bancshares, Inc. common stock is traded on the Nasdaq Stock Market under the symbol “NPBC”. Please visit our Web site at www.nationalpennbancshares.com to see our regularly posted material information.

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