Holding(s) in Company

AXA Property Trust Ld
02 April 2008


To: RNS

From: AXA Property Trust

Date: 2 April 2008


Listing Rule 15


AXA Property Trust Limited announces its ten largest investments, including all
investment with a value greater than 5% of its gross assets, as at 31 March
2008:

       Country      Location                            Status        % of total
                                                                      assets


1      Germany      Phoenix Centre, Fuerth              Completed     11.3%

2      Germany      Bahnhofstrasse, Rothenburg          Completed     10.6%
                    ob der Tauber

3      Italy        Multiplex, Curno, Bergamo           Completed     7.9%

4      Italy        SS Bergamina, Agnadello             Completed     7.0%

5      Germany      Am Birkfeld, Dasing                 Completed     4.8%

6      Netherlands  Smakterweg, Venray                  Completed     4.5%

7      Germany      Industriestrasse, Montabaur -       Completed     4.4%
                    Heiligenroth

8      Germany      Bahnhofstrasse, Karben              Completed     4.4%

9      Germany      Ruednitzer Chausse, Bernau          Completed     3.9%

10     Germany      Nuernberger Strasse, Treuchtlingen  Completed     3.3%



All Enquiries:


The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL


Tel: [phone]






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