Directorate Change

AXA Property Trust Ltd - Directorate Change

PR Newswire

London, October 31

31 October 2016

AXA Property Trust Limited

Directorate Change

The Board of AXA Property Trust Limited (the "Company") announces that Alphons Spaninks has retired as a Director with effect from close of business on 31 October 2016.

The Board wish to thank Mr Spaninks for his valuable contribution to the Company, his European property expertise and all his work and involvement with the Company, since joining the Board in 2013.

At this stage of the Company’s managed wind-down and in view of the need to adopt a prudent approach to the cost base of the Company the Board have decided that Mr Spanink’s position will not be replaced.

Enquiries:Investment Manager AXA Investment Managers UK LimitedBroker Services7 Newgate StreetLondon EC1A 7NXTel: +44 (0)20 7003 2345Email: broker.services@axa-im.comSponsor and BrokerStifel Nicolaus Europe Limited150 CheapsideLondon EC2V 6ETTel: +44 (0)20 7710 7600 Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGY1 3QLTel: +44 (0)1481 745324