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 12	D	Weak or Absent	Down	Down	Down	17.48%
Sep 11	D	Weak or Absent	Down	Down	Down	18.82%
Sep 8	D	Weak or Absent	Flat	Down	Down	16.03%
Sep 7	B	Weak or Absent	Up	Down	Flat	14.76%
Sep 6	B	Weak or Absent	Up	Down	Flat	14.76%
Sep 5	D	Weak or Absent	Down	Down	Down	16.68%
Aug 31	C	Weak or Absent	Flat	Down	Flat	15.18%
Aug 30	D	Weak or Absent	Down	Down	Down	17.26%
Aug 29	C	Weak or Absent	Flat	Down	Up	15.22%
Aug 28	C	Weak or Absent	Up	Flat	Up	11.96%