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 11	A	Strong	Up	Up	Up	0.90%
Jul 10	A	Strong	Up	Up	Up	-0.46%
Jul 7	A	Strong	Up	Up	Up	0.35%
Jul 6	A	Strong	Up	Up	Up	1.51%
Jul 5	A	Strong	Up	Up	Up	1.17%
Jul 3	A	Strong	Up	Up	Up	0.08%
Jun 30	A	Weak or Absent	Up	Up	Up	-1.10%
Jun 29	B	Weak or Absent	Up	Up	Up	8.80%
Jun 28	B	Weak or Absent	Up	Up	Up	8.80%
Jun 27	B	Weak or Absent	Up	Up	Flat	12.00%