Trend Table for BIPI - BIP Bermuda Holdings I Limited 5.125% Perpetual Subordinated Notes

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 1	B	Strong	Up	Up	Up	13.36%
Feb 29	A	Strong	Up	Up	Up	11.92%
Feb 28	A	Strong	Up	Up	Up	15.28%
Feb 27	B	Strong	Up	Up	Up	16.75%
Feb 26	B	Strong	Up	Up	Up	16.81%
Feb 23	B	Strong	Up	Up	Up	16.81%
Feb 22	B	Weak or Absent	Up	Up	Up	18.52%
Feb 21	B	Weak or Absent	Up	Up	Flat	20.69%
Feb 20	C	Weak or Absent	Up	Flat	Down	22.09%
Feb 16	C	Strong	Up	Flat	Down	23.23%