Trend Table for LAZ - Lazard LTD.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 18	B	Strong	Up	Up	Up	30.77%
Jul 17	B	Strong	Up	Up	Up	29.39%
Jul 16	B	Strong	Up	Up	Up	29.90%
Jul 15	A	Weak or Absent	Up	Up	Up	35.06%
Jul 12	B	Weak or Absent	Up	Up	Up	42.03%
Jul 11	B	Weak or Absent	Up	Up	Up	42.52%
Jul 10	C	Weak or Absent	Up	Up	Up	47.55%
Jul 9	C	Weak or Absent	Up	Up	Up	47.48%
Jul 8	C	Weak or Absent	Up	Up	Up	47.81%
Jul 5	C	Weak or Absent	Up	Up	Up	48.82%