Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 6	A	Weak or Absent	Up	Up	Up	41.25%
Feb 3	B	Weak or Absent	Up	Up	Up	41.59%
Feb 2	C	Weak or Absent	Up	Flat	Flat	42.99%
Feb 1	C	Weak or Absent	Up	Down	Down	46.43%
Jan 31	B	Weak or Absent	Up	Flat	Flat	41.94%
Jan 30	B	Weak or Absent	Up	Flat	Flat	42.47%
Jan 27	B	Weak or Absent	Up	Flat	Up	42.29%
Jan 25	B	Weak or Absent	Up	Flat	Up	42.82%
Jan 24	B	Weak or Absent	Up	Up	Up	40.90%
Jan 23	B	Weak or Absent	Up	Up	Up	41.42%