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Portfolio Update

2 Jan 2008 07:00

AXA Property Trust Ld02 January 2008 To: RNS From: AXA Property Trust Date: 2 January 2008 Listing Rule 15 In accordance with paragraph 15.4.11 (ii) of the Listing Rules, AXA PropertyTrust Limited announces its ten largest investments, including all investmentwith a value greater than 5% of its gross assets, as at 31 December 2007: Country Location Status % of total assets 1 Germany Phoenix Centre, Fuerth Completed 12.2% 2 Germany Bahnhofstrasse, Rothenburg Completed 11.5% ob der Tauber 3 Italy Multiplex, Curno, Bergamo Completed 8.3% 4 Italy SS Bergamina, Agnadello Completed 7.3% 5 Germany Am Birkfeld, Dasing Completed 5.3% 6 Netherlands Smakterweg, Venray Completed 5.0% 7 Germany Industriestrasse, Montabaur - Completed 4.8% Heiligenroth 8 Germany Bahnhofstrasse, Karben Completed 4.8% 9 Germany Ruednitzer Chausse, Bernau Completed 4.5% 10 Germany Nuerberger Strasse, Completed 3.8% Treuchtlingen All Enquiries: The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL Tel: 01481 745529 This information is provided by RNS The company news service from the London Stock Exchange

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