Director Declaration

30 October 2019

AXA Property Trust Limited(the "Company")

(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 43007)(LEI Number 213800AF85VEZMDMF931)

Director Declaration

In accordance with the requirements of Listing Rule 9.6.14, the Company advises that it has been notified of the following change to directorships in other publicly quoted companies held by a member of the Board:

William Scott is a non-executive director of RTW Venture Fund Limited, a Guernsey company, which was admitted to listing on the Specialist Fund Segment of the London Stock Exchange on 30 October 2019.

For further information, please contact:

Praxis Fund Services Limited (Administrator and Secretary)Matt Falla

Katrina Rowe

Tel: +44 (0) 1481 737600