Trend Table for LAZ - Lazard LTD.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 15	B	Strong	Up	Up	Up	21.59%
Aug 14	B	Strong	Up	Up	Up	25.69%
Aug 13	B	Strong	Up	Up	Flat	29.67%
Aug 12	B	Strong	Up	Up	Down	30.86%
Aug 9	A	Strong	Up	Up	Flat	28.18%
Aug 8	B	Strong	Up	Up	Down	30.69%
Aug 7	B	Strong	Up	Up	Down	34.03%
Aug 6	B	Strong	Up	Up	Down	31.43%
Aug 5	B	Strong	Up	Up	Down	36.61%
Aug 2	B	Strong	Up	Up	Down	32.87%