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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 4	B	Weak or Absent	Up	Up	Flat	8.68%
Oct 3	B	Weak or Absent	Up	Up	Flat	8.81%
Oct 2	C	Weak or Absent	Up	Up	Flat	9.49%
Oct 1	C	Weak or Absent	Up	Up	Down	9.49%
Sep 30	C	Weak or Absent	Up	Up	Down	9.99%
Sep 27	C	Weak or Absent	Up	Up	Down	9.55%
Sep 26	C	Weak or Absent	Up	Up	Down	9.33%
Sep 25	C	Weak or Absent	Up	Up	Down	9.43%
Sep 24	C	Weak or Absent	Up	Up	Flat	8.87%
Sep 23	C	Weak or Absent	Up	Up	Flat	8.25%