Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 3	A	Weak or Absent	Up	Up	Up	22.79%
Jun 30	A	Weak or Absent	Up	Up	Up	23.31%
Jun 29	A	Weak or Absent	Up	Up	Up	26.12%
Jun 28	A	Weak or Absent	Up	Up	Up	27.65%
Jun 27	A	Weak or Absent	Up	Up	Up	28.64%
Jun 26	A	Weak or Absent	Up	Up	Up	28.35%
Jun 23	A	Weak or Absent	Up	Up	Flat	31.25%
Jun 22	B	Weak or Absent	Up	Down	Down	33.52%
Jun 21	B	Weak or Absent	Up	Down	Down	33.21%
Jun 20	B	Weak or Absent	Up	Down	Down	33.06%