Item 2.02 Results of Operations and Financial Condition

On April 29, 2009, National Penn Bancshares, Inc. made a webcast presentation of information on its results of operations for the quarter ended March 31, 2009. Upon conclusion of the presentation, National Penn conducted a question and answer session on the webcast. A transcript of the question and answer session (which has been edited for clarity) is furnished in this report, pursuant to this Item 2.02 and Item 7.01, as Exhibit 99.1. No part of this report shall be deemed incorporated by reference into any registration statement filed under the Securities Act of 1933.