Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 20	C	Weak or Absent	Up	Down	Down	44.60%
Feb 17	C	Weak or Absent	Up	Flat	Flat	43.17%
Feb 16	C	Weak or Absent	Up	Down	Down	44.06%
Feb 15	C	Weak or Absent	Up	Down	Down	46.06%
Feb 14	C	Weak or Absent	Up	Down	Down	43.70%
Feb 13	C	Weak or Absent	Up	Flat	Flat	42.47%
Feb 10	B	Weak or Absent	Up	Flat	Flat	42.12%
Feb 9	B	Weak or Absent	Up	Up	Up	41.08%
Feb 8	B	Weak or Absent	Up	Flat	Flat	42.29%
Feb 7	C	Weak or Absent	Up	Down	Down	44.60%