Portfolio Update

3 Jan 2007 11:17

AXA Property Trust Ld03 January 2007 To: RNSFrom: AXA Property TrustDate: 03 January 2007 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 investmentswith a value greater than 5% of its gross assets, as at 31 December 2006: % of total Country Location Status assets 1 Germany Phoenix Centre, Fuerth Completed 16.90% 2 Italy Multiplex, Curno, Bergamo Completed 11.50% 3 Italy SS Bergamina, Agnadello Completed 9.30% 4 Germany Am Birkfeld, Dasing Completed 7.00% 5 Netherlands Smakterweg, Venray Completed 6.80% 6 Germany Bahnhofstrasse, Karben Completed 6.50% 7 Germany Ruednitzer Chaussee, Bernau Completed 6.30% 8 Germany Nuernberger Strasse, Completed 4.90% Treuchtlingen 9 Belgium Keyser Center, Antwerp Completed 4.80%10 Germany Frankfurter Strasse, Completed 3.80% Wuerzburg 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