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
Sep 19	B	Weak or Absent	Up	Up	Up	-2.54%
Sep 18	B	Weak or Absent	Up	Up	Up	-0.95%
Sep 17	B	Weak or Absent	Up	Up	Up	-0.86%
Sep 16	B	Weak or Absent	Up	Up	Up	-0.80%
Sep 13	B	Weak or Absent	Up	Up	Up	-0.77%
Sep 12	B	Weak or Absent	Up	Up	Up	-0.95%
Sep 11	B	Weak or Absent	Up	Up	Flat	3.65%
Sep 10	B	Weak or Absent	Up	Up	Down	5.05%
Sep 9	B	Weak or Absent	Up	Up	Down	4.85%
Sep 6	B	Weak or Absent	Up	Up	Down	7.68%