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
Aug 8	D	Weak or Absent	Up	Down	Down	13.09%
Aug 7	D	Weak or Absent	Up	Down	Down	15.46%
Aug 4	D	Weak or Absent	Up	Down	Down	15.32%
Aug 3	D	Weak or Absent	Up	Down	Down	15.68%
Aug 2	D	Strong	Up	Down	Down	14.41%
Aug 1	D	Strong	Up	Down	Down	11.70%
Jul 31	D	Strong	Up	Down	Down	12.09%
Jul 28	B	Strong	Up	Up	Up	9.87%
Jul 27	B	Weak or Absent	Up	Up	Up	9.87%
Jul 26	B	Weak or Absent	Up	Up	Up	7.92%