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Result of AGM

6 Oct 2006 15:54

AXA Property Trust Ld06 October 2006 6 October 2006 AXA PROPERTY TRUST LIMITED Result of Annual General Meeting At the Annual General Meeting held on 5 October 2006, the following SpecialResolution was passed; "IT WAS RESOLVED THAT the Company be authorised, in accordance with Section 5 ofthe Companies (Purchase of Own Shares) Ordinance 1998 ("the Ordinance"), to makemarket purchases (within the meaning of Section 18 of the Ordinance) of theOrdinary Shares of no par value ("the Shares") provided that; a) the maximum number of Ordinary Shares hereby authorised to be purchasedshall be 14.99% of the Company's issued share capital immediately followingAdmission, as such term is defined in the Prospectus; b) the minimum price (exclusive of expenses ) which may be paid for suchshares shall be £0.01 per Share; c) the maximum price (exclusive of expenses payable by the Company) whichmay be paid for the Shares shall be 5% above the average of the middle marketquotations taken from the London Stock Exchange Daily Official List for the fivebusiness days before the purchase is made; and d) unless previously varied, revoked or renewed, the authority herebyconferred shall expire on 31 December 2007 or, if earlier, at the conclusion ofthe Annual General Meeting of the Company to be held in 2007, save that theCompany may, prior to such expiry, enter into a contract to purchase its ownshares under the authority and may make a purchase pursuant to any suchcontract. All Enquiries: The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL Tel: 01481 745338 This information is provided by RNS The company news service from the London Stock Exchange

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