Net Asset Value(s)

27 February 2015AXA Property Trust LimitedNet Asset Value 31 December 2013 (Unaudited) FUND NAME NAV PER NET ASSET VALUE NAV DATE SHARE (£000s) AXA Property Trust Limited 56.55p 50,254 31 December 2014 Company website:http://www.axa-im.co.uk All Enquiries: Investment ManagerAXA Investment Managers UK LimitedBroker Services7 Newgate StreetLondon EC1A 7NXTel: +44 (0)20 7003 2345Email: broker.services@axa-im.com BrokerOriel Securities LimitedNeil Winward / Mark BloomfieldTel: +44 (0)20 7710 7600 Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGY1 3QLTel: +44 (0)1481 745324