Trend Table for IFT - Infratil Ltd.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 30	A	Strong	Up	Up	Up	11.44%
Aug 29	B	Strong	Up	Up	Flat	12.89%
Aug 28	A	Strong	Up	Up	Up	12.21%
Aug 27	B	Strong	Up	Up	Up	12.77%
Aug 26	B	Weak or Absent	Up	Up	Up	12.66%
Aug 23	B	Weak or Absent	Up	Up	Up	11.44%
Aug 22	B	Weak or Absent	Up	Flat	Up	13.45%
Aug 21	B	Weak or Absent	Up	Up	Up	12.21%
Aug 20	B	Weak or Absent	Up	Up	Up	12.77%
Aug 19	B	Weak or Absent	Up	Up	Up	13.00%