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
Sep 6	B	Weak or Absent	Up	Up	Flat	10.69%
Sep 5	C	Weak or Absent	Up	Up	Flat	10.69%
Sep 4	C	Weak or Absent	Up	Up	Flat	10.69%
Aug 30	C	Weak or Absent	Up	Up	Flat	10.37%
Aug 29	C	Weak or Absent	Up	Up	Flat	10.76%
Aug 28	C	Weak or Absent	Up	Up	Flat	10.57%
Aug 27	C	Weak or Absent	Up	Up	Flat	10.44%
Aug 26	C	Weak or Absent	Up	Up	Flat	10.44%
Aug 23	C	Weak or Absent	Up	Up	Up	9.87%
Aug 22	B	Weak or Absent	Up	Up	Up	9.18%