Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	A	Strong	Up	Up	Down	43.91%
Dec 20	A	Strong	Up	Up	Down	43.20%
Dec 19	A	Strong	Up	Up	Up	37.43%
Dec 16	A	Strong	Up	Up	Down	41.97%
Dec 15	A	Strong	Up	Up	Down	40.76%
Dec 14	A	Strong	Up	Up	Flat	39.75%
Dec 13	A	Strong	Up	Up	Down	40.59%
Dec 12	A	Strong	Up	Up	Flat	39.41%
Dec 9	A	Strong	Up	Up	Up	36.94%
Dec 8	A	Strong	Up	Up	Up	36.62%