Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 4	C	Strong	Up	Down	Flat	27.01%
Dec 1	C	Strong	Up	Down	Flat	27.29%
Nov 30	C	Strong	Up	Down	Up	25.63%
Nov 29	C	Strong	Up	Down	Down	27.71%
Nov 28	C	Strong	Up	Down	Down	28.35%
Nov 27	C	Strong	Up	Down	Down	28.78%
Nov 24	C	Strong	Up	Down	Down	26.12%
Nov 23	C	Strong	Up	Down	Down	26.67%
Nov 22	B	Strong	Up	Down	Down	25.31%
Nov 21	B	Strong	Up	Down	Down	27.65%