Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 20	A	Weak or Absent	Up	Up	Up	43.20%
Mar 17	A	Weak or Absent	Up	Up	Up	40.26%
Mar 16	A	Weak or Absent	Up	Up	Up	41.97%
Mar 15	A	Weak or Absent	Up	Up	Up	43.20%
Mar 14	B	Strong	Up	Flat	Flat	44.99%
Mar 13	B	Strong	Up	Down	Down	45.35%
Mar 10	B	Strong	Up	Down	Down	46.08%
Mar 9	B	Strong	Up	Down	Down	47.57%
Mar 8	B	Strong	Up	Flat	Flat	44.63%
Mar 7	B	Strong	Up	Up	Up	43.02%