Holding(s) in Company

AXA Property Trust Ld
01 June 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Axa Property Trust Limited

2. Name of shareholder having a major interest

The Monks Investment Trust PLC

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

As 2

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Not disclosed

5. Number of shares / amount of stock acquired

5,000,000

6. Percentage of issued class

5.000

7. Number of shares / amount of stock disposed

n/a

8. Percentage of issued class

n/a

9. Class of security

Ordinary

10. Date of transaction

23/05/05

11. Date company informed

31/05/05

12. Total holding following this notification

5,000,000

13. Total percentage holding of issued class following this notification

5.000

14. Any additional information

n/a

15. Name of contact and telephone number for queries

Company Secretary, 01481 745338

16. Name and signature of authorised company official responsible for making
this notification


17. Date of notification

01/06/05

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