Trend Table for MHNC - Maiden Holdings North America, Ltd. 7.75% Notes due 2043

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 2	B	Weak or Absent	Up	Flat	Flat	3.83%
Jul 1	B	Weak or Absent	Up	Flat	Flat	3.89%
Jun 28	D	Weak or Absent	Flat	Down	Down	4.55%
Jun 27	B	Weak or Absent	Up	Flat	Down	3.89%
Jun 26	B	Weak or Absent	Up	Up	Flat	2.94%
Jun 25	C	Weak or Absent	Up	Up	Flat	3.47%
Jun 24	B	Weak or Absent	Up	Up	Flat	2.83%
Jun 21	B	Weak or Absent	Up	Up	Flat	3.41%
Jun 20	B	Weak or Absent	Up	Up	Flat	3.00%
Jun 18	C	Weak or Absent	Up	Up	Flat	3.35%