Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	A	Strong	Up	Up	Up	20.63%
Jan 17	B	Strong	Up	Flat	Down	23.21%
Jan 16	B	Strong	Up	Up	Flat	21.65%
Jan 15	B	Strong	Up	Up	Flat	22.04%
Jan 12	A	Strong	Up	Up	Up	20.76%
Jan 11	A	Strong	Up	Up	Up	21.14%
Jan 10	A	Strong	Up	Up	Up	21.78%
Jan 9	A	Strong	Up	Up	Up	21.27%
Jan 8	A	Strong	Up	Up	Up	21.01%
Jan 5	A	Strong	Up	Up	Flat	23.47%