Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 4	A	Weak or Absent	Up	Up	Up	35.22%
May 3	A	Weak or Absent	Up	Up	Up	33.53%
May 2	A	Weak or Absent	Up	Up	Down	37.91%
May 1	A	Weak or Absent	Up	Up	Up	32.48%
Apr 28	A	Weak or Absent	Up	Up	Up	32.63%
Apr 27	A	Weak or Absent	Up	Up	Up	36.16%
Apr 26	A	Weak or Absent	Up	Up	Down	38.07%
Apr 24	A	Weak or Absent	Up	Up	Up	36.00%
Apr 21	B	Weak or Absent	Up	Down	Down	45.05%
Apr 20	B	Weak or Absent	Up	Up	Down	38.24%