Holding(s) in Company

AXA Property Trust Ld
13 August 2007



TR-1(i): notification of major interests in shares

+----------------------------------------------+------------------------------+
|1. Identity of the issuer or the underlying   |           AXA Prop           |
|issuer of existing shares to which voting     |                              |
|rights are attached(ii):                      |                              |
+----------------------------------------------+----------------------+-------+
|2. Reason for the notification (please tick the appropriate box or   |       |
|boxes)                                                               |       |
+---------------------------------------------------------------------+-------+
|An acquisition or disposal of voting rights                          |       |
+---------------------------------------------------------------------+-------+
|An acquisition or disposal of financial instruments which may result |       |
|in the acquisition of shares already issued to which voting rights   |       |
|are attached                                                         |       |
+---------------------------------------------------------------------+-------+
|An event changing the breakdown of voting rights                     |       |
+---------------------------------------------------------------------+-------+
|Other (please specify):____Disclosure for purposes of                |       |
|transparency_______                                                  |       |
+----------------------------------------------+----------------------+-------+
|3. Full name of person(s) subject to the      | AXA S.A, 25 Avenue Matignon, |
|notification obligation(iii):                 | 75008 Paris and its group of |
|                                              |          companies           |
+----------------------------------------------+------------------------------+
|4. Full name of shareholder(s) (if different  |             N/A              |
|from 3.)(iv):                                 |                              |
+----------------------------------------------+------------------------------+
|5. Date of the transaction (and date on which |        02 August 2007        |
|the threshold is crossed or reached if        |                              |
|different)(v):                                |                              |
+----------------------------------------------+------------------------------+
|6. Date on which issuer notified:             |        03 August 2007        |
+----------------------------------------------+------------------------------+
|7. Threshold(s) that is/are crossed or        |             29%              |
|reached:                                      |                              |
+----------------------------------------------+------------------------------+
|8. Notified details:                          |                              |
+----------------------------------------------+----------------------+-------+
+----------------------------------------------+----------------------+-------+







+---------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                              |
+-----------+---------------------+-----------------------------------------------+
|Class/type |Situation previous to|Resulting situation after the triggering       |
|of shares  |the Triggering       |transaction(vii)                               |
|           |transaction (vi)     |                                               |
|if possible+----------+----------+----------+--------------------+---------------+
|using the  |Number of |Number of |Number of |Number of voting    |% of voting    |
|ISIN CODE  |Shares    |Voting    |shares    |rights ix           |rights         |
|           |          |Rights    +----------+----------+---------+------+--------+
|           |          |viii      |Direct    |Direct x  |Indirect |Direct|Indirect|
|           |          |          |          |          |xi       |      |        |
+-----------+----------+----------+----------+----------+---------+------+--------+
|  B06T260  |30,044,119|30,004,119|28,544,119|28,544,119|    0    |28.54 |  0.00  |
+-----------+----------+----------+----------+----------+---------+------+--------+

+----------------------------------------------------------------------------------+
|B: Financial Instruments                                                          |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction xii                          |
+----------------+-----------+-------------------+--------------------+------------+
|Type of         |Expiration |Exercise/          |Number of voting    |% of voting |
|financial       |date xiii  |Conversion Period/ |rights that may be  |rights      |
|instrument      |           |Date xiv           |acquired if the     |            |
|                |           |                   |instrument is       |            |
|                |           |                   |exercised/          |            |
|                |           |                   |converted.          |            |
+----------------+-----------+-------------------+--------------------+------------+
|                |           |                   |                    |            |
+----------------+-----------+-------------------+--------------------+------------+

+-------------------------------------------------------------------------------+
|Total (A+B)                                                                    |
+--------------------------------------+----------------------------------------+
|Number of voting rights               |% of voting rights                      |
+--------------------------------------+----------------------------------------+
|              28,544,119              |                 28.54%                 |
+--------------------------------------+----------------------------------------+








+------------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the      |
|financial instruments are effectively held, if applicable xv:                       |
+------------------------------------------------------------------------------------+
|+----------------------------------+---------------------+-------------------------+|
||Name of the Company/Fund          |Number of Shares     |% of issued share capital||
|+----------------------------------+---------------------+-------------------------+|
||LLXPTY Direct                     |14,200,000           |14.20000                 ||
|+----------------------------------+---------------------+-------------------------+|
||LPMTPY Direct                     |14,200,000           |14.20000                 ||
|+----------------------------------+---------------------+-------------------------+|
||Sun Life Pensions Management Ltd  |4,500                |0.00450                  ||
||                                  |                     |                         ||
||Direct                            |                     |                         ||
|+----------------------------------+---------------------+-------------------------+|
||Sun Life Unit Assurance Ltd Direct|19,803               |0.01980                  ||
||                                  |                     |                         ||
||FTSE All Share Tracker            |                     |                         ||
|+----------------------------------+---------------------+-------------------------+|
||Sun Life Pensions Management      |94,304               |0.09430                  ||
||Direct                            |                     |                         ||
||                                  |                     |                         ||
||FTSE All Share Tracker            |                     |                         ||
|+----------------------------------+---------------------+-------------------------+|
||AXA Winterthur Direct             |25,512               |0.02551                  ||
|+----------------------------------+---------------------+-------------------------+|
||                      Total Direct|           28,544,119|                 28.54412||
||                                  |                     |                         ||
||                    Total Indirect|                    0|                  0.00000||
|+----------------------------------+---------------------+-------------------------+|
||                             TOTAL|           28,544,119|                 28.54412||
|+----------------------------------+---------------------+-------------------------+|
+------------------------------------------------------------------------------------+

+-----------------------------------------------------------------------------+
|Proxy Voting:                                                                |
+------------------------------------------------+----------------------------+
|10. Name of the proxy holder:                   |N/A                         |
+------------------------------------------------+----------------------------+
|11. Number of voting rights proxy holder will   |N/A                         |
|cease to hold:                                  |                            |
+------------------------------------------------+----------------------------+
|12. Date on which proxy holder will cease to    |N/A                         |
|hold voting rights:                             |                            |
+------------------------------------------------+----------------------------+

+--------------------------------+--------------------------------------------+
|13. Additional information:     |N/A                                         |
+--------------------------------+--------------------------------------------+
|14. Contact name:               |Dave Sauvarin                               |
+--------------------------------+--------------------------------------------+
|15. Contact telephone number:   |01481 745529                                |
+--------------------------------+--------------------------------------------+




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