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
Oct 23	B	Weak or Absent	Up	Up	Down	1.38%
Oct 22	B	Weak or Absent	Up	Up	Up	-1.11%
Oct 21	B	Weak or Absent	Up	Up	Up	-0.79%
Oct 18	B	Weak or Absent	Up	Up	Up	-0.31%
Oct 17	B	Weak or Absent	Up	Up	Flat	2.23%
Oct 16	B	Weak or Absent	Up	Up	Up	-2.19%
Oct 15	A	Weak or Absent	Up	Up	Up	-0.12%
Oct 14	B	Weak or Absent	Up	Up	Up	1.44%
Oct 11	B	Weak or Absent	Up	Up	Up	1.99%
Oct 10	C	Weak or Absent	Up	Up	Flat	3.83%