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 9	B	Weak or Absent	Up	Up	Down	8.80%
Sep 6	B	Weak or Absent	Up	Up	Down	11.75%
Sep 5	C	Weak or Absent	Up	Up	Down	9.79%
Sep 4	C	Weak or Absent	Up	Up	Down	9.94%
Aug 30	C	Weak or Absent	Up	Up	Down	7.97%
Aug 29	B	Weak or Absent	Up	Up	Up	5.18%
Aug 28	B	Weak or Absent	Up	Up	Up	3.80%
Aug 27	B	Weak or Absent	Up	Up	Up	3.67%
Aug 26	C	Weak or Absent	Up	Up	Up	4.93%
Aug 23	C	Weak or Absent	Up	Up	Up	6.02%