Trend Table for MHLA - Maiden Holdings, Ltd. 6.625% Notes due 2046

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	D	Weak or Absent	Down	Down	Flat	11.72%
May 21	F	Weak or Absent	Down	Down	Flat	11.90%
May 20	F	Weak or Absent	Down	Down	Flat	12.19%
May 17	F	Weak or Absent	Down	Down	Flat	11.61%
May 16	F	Weak or Absent	Down	Down	Flat	11.18%
May 15	F	Weak or Absent	Down	Down	Flat	10.89%
May 14	F	Weak or Absent	Down	Down	Down	12.41%
May 13	F	Weak or Absent	Down	Down	Flat	10.89%
May 10	F	Weak or Absent	Down	Down	Down	14.13%
May 9	F	Weak or Absent	Down	Down	Down	12.78%