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The following firms are believed to presently make a market in National Penn Bancshares, Inc. stock on the NASDAQ |
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| Automated Trading Desk Financial Services, LLC | (843) 789-2000 | 11 eWall Street
Mount Pleasant, SC 29464 |
| B-Trade Services LLC | (212) 448-5690 | 1633 Broadway
48th Floor
New York, NY 10019 |
| Boenning & Scattergood, Inc. | (610) 832-1212 | Four Tower Bridge
200 Barr Harbor Drive, Suite 300
West Conshohocken, PA 19428 |
| C. L. King & Associates, Inc. | (518) 431-3500 | Nine Elk Street
Albany, NY 12207 |
| Citadel Derivatives Group LLC | (312) 395-2100 | 131 South Dearborn Street
32nd Floor
Chicago, IL 60603 |
| Citigroup Global Markets Holdings Inc. | (212) 816-6000 | 388 Greenwich Street
38th Floor
New York, NY 10013 |
| E*TRADE Capital Markets LLC | (312) 663-7148 | One Financial Place
440 South LaSalle Street, Suite 3030
Chicago, IL 60605 |
| RBC Wealth Management | (410) 685-2600 | 100 Light Street
Ninth Floor
Baltimore, MD 21202 |
| FBR Capital Markets and Co. | (703) 312-9500 | 1001 19th Street, North
Arlington, VA 22209 |
| FTN Financial Securities Corp. | (901) 435-7944 | 845 Crossover Lane
Suite 150
Memphis, TN 38117 |
| FTN Equity Capital Markets Corp. | (216) 592-1700 | 1301 East Ninth Street
Suite 3232
Cleveland, OH 44114 |
| Goldman, Sachs & Co. | (212) 902-1000 | 85 Broad Street
New York, NY 10004 |
| Janney Montgomery Scott LLC | (215) 665-6000 | 1801 Market Street
Philadelphia, PA 19103 |
| Keefe, Bruyette & Woods, Inc. | (212) 887-7777 | 787 Seventh Avenue
Fourth Floor
New York, NY 10019 |
| Knight Equity Markets, L.P. | (201) 557-6886 | 545 Washington Boulevard
Jersey City, NJ 07310 |
| Lehman Brothers Inc. | (212) 526-7000 | 745 Seventh Avenue
New York, NY 10019 |
| Maxim Group LLC | (212) 895-3500 | 405 Lexington Avenue
New York, NY 10174 |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | (212) 449-1000 | Four World Financial Center
250 Vesey Street
New York, NY 10080 |
| Morgan Stanley & Co., Incorporated | (212) 761-4000 | 1585 Broadway
New York, NY 10036 |
| RBC Capital Markets Corporation | (612) 371-2800 | Dain Rauscher Plaza
60 South 6th Street, P. O. Box 1160
Minneapolis, MN 55402 |
| Ryan Beck & Co., Inc. | (973) 597-6000 | 18 Columbia Turnpike
First Floor
Florham Park, NJ 07932 |
| Sandler O'Neill & Partners, L.P. | (212) 466-7800 | 919 Third Avenue
Sixth Floor
New York, NY 10022 |
| Stifel, Nicolaus & Company, Incorporated | (314) 342-2000 | One Financial Plaza
501 North Broadway
Saint Louis, MO 63102 |
| Susquehanna Capital Group | (610) 617-2600 | 401 City Line Avenue
Suite 220
Bala Cynwyd, PA 19004 |
| UBS Securities LLC | (203) 719-3000 | 677 Washington Boulevard
Sixth Floor
Stamford, CT 06901 |
