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
Jun 3	D	Weak or Absent	Up	Flat	Flat	3.86%
May 31	D	Weak or Absent	Up	Down	Flat	4.12%
May 30	C	Weak or Absent	Up	Up	Up	2.25%
May 29	D	Weak or Absent	Up	Down	Flat	4.43%
May 28	D	Weak or Absent	Up	Down	Flat	4.43%
May 24	D	Weak or Absent	Up	Down	Flat	4.12%
May 23	D	Weak or Absent	Up	Down	Down	4.73%
May 22	D	Weak or Absent	Up	Down	Flat	4.60%
May 21	D	Weak or Absent	Up	Down	Down	4.73%
May 20	D	Weak or Absent	Up	Down	Flat	4.19%