Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 11	A	Strong	Up	Up	Flat	1.25%
Oct 10	B	Strong	Up	Up	Down	3.67%
Oct 9	B	Strong	Up	Up	Flat	1.16%
Oct 8	B	Strong	Up	Up	Down	2.36%
Oct 7	B	Strong	Up	Up	Down	1.25%
Oct 4	B	Strong	Up	Up	Down	1.99%
Oct 3	B	Strong	Up	Up	Down	1.99%
Oct 2	B	Very Strong	Up	Up	Down	1.07%
Oct 1	B	Very Strong	Up	Up	Down	1.16%
Sep 30	A	Very Strong	Up	Up	Up	-0.96%