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
Oct 10	D	Weak or Absent	Down	Down	Down	20.03%
Oct 9	D	Weak or Absent	Down	Down	Flat	19.50%
Oct 6	C	Weak or Absent	Down	Down	Down	20.15%
Oct 5	B	Weak or Absent	Down	Down	Up	18.39%
Oct 4	A	Weak or Absent	Flat	Flat	Up	15.39%
Oct 3	C	Weak or Absent	Down	Down	Flat	19.54%
Oct 2	C	Weak or Absent	Down	Down	Flat	19.50%
Sep 29	D	Weak or Absent	Down	Down	Down	19.88%
Sep 28	C	Weak or Absent	Down	Down	Flat	19.19%
Sep 27	C	Weak or Absent	Down	Down	Flat	19.80%