Trend Table for LAZ - Lazard LTD.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 16	D	Weak or Absent	Down	Down	Flat	108.80%
Oct 13	D	Weak or Absent	Down	Down	Down	110.36%
Oct 12	D	Weak or Absent	Down	Down	Down	108.66%
Oct 11	D	Weak or Absent	Down	Down	Up	101.54%
Oct 10	D	Strong	Down	Down	Flat	106.85%
Oct 9	D	Strong	Down	Down	Down	108.38%
Oct 6	D	Weak or Absent	Down	Down	Down	108.87%
Oct 5	D	Weak or Absent	Down	Down	Down	109.58%
Oct 4	D	Weak or Absent	Down	Down	Down	111.51%
Oct 3	D	Weak or Absent	Down	Down	Down	111.08%