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
Jul 25	B	Weak or Absent	Up	Up	Up	8.17%
Jul 24	C	Weak or Absent	Up	Up	Flat	10.58%
Jul 21	C	Weak or Absent	Up	Up	Down	10.58%
Jul 20	D	Weak or Absent	Up	Down	Down	14.07%
Jul 19	C	Weak or Absent	Up	Up	Down	12.03%
Jul 18	C	Weak or Absent	Up	Up	Down	12.03%
Jul 17	C	Strong	Up	Flat	Down	13.65%
Jul 14	C	Strong	Up	Up	Down	11.83%
Jul 13	C	Strong	Up	Up	Down	7.24%
Jul 12	C	Strong	Up	Up	Down	7.00%