Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 4	A	Strong	Up	Up	Up	19.01%
Jan 3	A	Strong	Up	Flat	Flat	24.01%
Jan 2	B	Strong	Up	Flat	Flat	24.27%
Dec 29	B	Strong	Up	Up	Flat	23.87%
Dec 28	B	Strong	Up	Up	Up	22.43%
Dec 27	C	Strong	Up	Down	Down	25.90%
Dec 22	A	Strong	Up	Up	Up	22.56%
Dec 21	A	Strong	Up	Flat	Flat	23.87%
Dec 20	C	Strong	Up	Down	Down	25.63%
Dec 19	C	Strong	Up	Flat	Flat	24.14%