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
Feb 22	D	Weak or Absent	Up	Down	Flat	3.09%
Feb 21	D	Weak or Absent	Up	Down	Flat	3.44%
Feb 20	D	Weak or Absent	Up	Down	Flat	3.44%
Feb 16	D	Weak or Absent	Up	Down	Flat	3.44%
Feb 15	C	Weak or Absent	Up	Flat	Up	1.84%
Feb 14	C	Weak or Absent	Up	Down	Up	3.14%
Feb 13	C	Weak or Absent	Up	Down	Up	2.33%
Feb 12	D	Weak or Absent	Up	Down	Up	2.33%
Feb 9	D	Weak or Absent	Up	Down	Up	3.27%
Feb 8	D	Weak or Absent	Up	Down	Up	3.55%