Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 19	C	Weak or Absent	Up	Down	Down	15.58%
Jul 18	C	Weak or Absent	Up	Down	Down	14.17%
Jul 17	C	Weak or Absent	Up	Down	Down	15.70%
Jul 16	C	Strong	Flat	Down	Down	17.75%
Jul 15	C	Strong	Up	Down	Down	16.17%
Jul 12	B	Strong	Up	Down	Down	13.94%
Jul 11	B	Strong	Up	Up	Down	11.68%
Jul 10	B	Strong	Up	Up	Down	11.90%
Jul 9	B	Strong	Up	Up	Down	11.13%
Jul 8	A	Strong	Up	Up	Up	9.08%