Dividend Declaration

AXA Property Trust Ld
03 August 2005


To: Company Announcements
Date: 3 August 2005
Company: AXA Property Trust Limited

Subject: Dividend Declaration


Interim Dividend

AXA Property Trust Limited today announces its first interim dividend payment,
in respect of the financial period ending 30 June 2006, of 0.45 pence per share
as per the schedule below:

Ex-Dividend Date - 10 August 2005

Record Date - 12 August 2005

Pay Date - 26 August 2005

This is the first dividend payment by the Company since its launch on 23 May
2005.

All Enquiries:

The Company Secretary
Guernsey International Fund Managers Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel: [phone]
Fax: [phone]







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