Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 19	A	Weak or Absent	Up	Up	Flat	36.79%
Apr 18	A	Strong	Up	Up	Up	35.53%
Apr 17	B	Strong	Up	Up	Down	38.24%
Apr 14	B	Strong	Up	Up	Flat	36.47%
Apr 13	A	Strong	Up	Up	Up	34.29%
Apr 12	A	Strong	Up	Up	Up	35.37%
Apr 11	A	Strong	Up	Up	Down	41.74%
Apr 6	A	Strong	Up	Up	Up	33.83%
Apr 5	A	Strong	Up	Up	Up	33.68%
Apr 4	A	Strong	Up	Up	Up	36.32%