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 8	D	Weak or Absent	Down	Flat	Flat	11.56%
Jul 5	C	Strong	Up	Up	Up	9.30%
Jul 3	C	Strong	Up	Up	Up	9.30%
Jul 2	D	Strong	Down	Down	Down	13.78%
Jul 1	D	Strong	Down	Down	Down	13.78%
Jun 28	D	Strong	Down	Down	Flat	13.07%
Jun 27	D	Strong	Down	Down	Flat	12.08%
Jun 26	D	Strong	Down	Down	Flat	12.38%
Jun 25	D	Strong	Down	Down	Up	11.41%
Jun 24	D	Strong	Down	Down	Down	14.07%