To:                      Company Announcements
    Date:                  29 January 2016
    Company:           AXA Property Trust Limited
    Subject:              Total Voting Rights (Directors Interests)

    Following the recent announcement on 18 January 2016 in respect of the Sixth
    Compulsory Partial Redemption of Shares, the Company announces that the
    Director listed below has the following beneficial interests in the Company:

    Director Name          Beneficial Interest in  Beneficial Interest in 
                           AXA Property Trust      AXA Property Trust     
                           Limited following the   Limited prior to       
                           Compulsory Partial      Compulsory Partial     
                           Redemption of Shares    Redemption of Shares   
                                                                          
    Charles Hunter         23,848* Ordinary Shares 31,463 Ordinary Shares 

    * Inclusive of shares held by spouse (3,049) and daughter (2,729)

    All Enquiries:

    Sharon Williams
    Northern Trust International Fund Administration Services (Guernsey) Limited
    Tel: +44 (0) 1481 745436