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 15	C	Weak or Absent	Up	Up	Down	11.53%
Jun 14	C	Weak or Absent	Up	Up	Down	14.37%
Jun 13	B	Weak or Absent	Up	Up	Up	7.95%
Jun 12	B	Weak or Absent	Up	Up	Down	12.41%
Jun 9	A	Weak or Absent	Up	Up	Flat	9.59%
Jun 8	A	Weak or Absent	Up	Up	Up	9.00%
Jun 7	A	Weak or Absent	Up	Up	Up	9.06%
Jun 6	A	Weak or Absent	Up	Up	Up	5.58%
Jun 5	A	Weak or Absent	Up	Up	Up	7.09%
Jun 2	A	Weak or Absent	Up	Up	Up	7.55%