Holding(s) in Company

AXA Property Trust Ld
14 September 2007



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

1. Identity of the issuer or the underlying issuer AXA Prop
of existing shares to which voting rights are      --------------------
attached(1):
-------------------------------
2. Reason for the notification (please tick the appropriate box or boxes)
                                                                            -------
--------------------------------------------
An acquisition or disposal of voting rights                                  x
--------------------------------------------                               -------
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           Quilter & Co Ltd
notification obligation(1):                        --------------------
-------------------------------
4. Full name of shareholder(s) (if different from  N/A
3.)(1):                                            --------------------
-------------------------------
5. Date of the transaction (and date on which the  12 September 2007
threshold is crossed or reached if different)(1):  --------------------
-------------------------------
6. Date on which issuer notified:                  14 September 2007
-------------------------------                    --------------------
7. Threshold(s) that is/are crossed or reached:           13%
-------------------------------                    --------------------
8. Notified details:                               Nominee Holdings
-------------------------------                    --------------------



A: Voting rights attached to shares
Class/   Situation previous to the   Resulting situation after the triggering
type of  Triggering transaction (1)  transaction(1)
shares
if
possible Number of    Number of      Number   Number of voting    % of voting
using    Shares       Voting Rights  of       rights ix           rights
the ISIN              viii           shares
CODE                                 Direct   Direct Indirect     Direct   Indirect
                                              x      xi
Ordinary
Shares

NPV      13,037,185          13.04%                  12,999,585               13.00%
B06T260

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

Total (A+B)
Number of voting rights                      % of voting rights

          12,999,585                               13.00%




9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable xv:

Proxy Voting:

10. Name of the proxy holder:                                             N/A

11. Number of voting rights proxy holder will cease to hold:              N/A

12. Date on which proxy holder will cease to hold voting rights:          N/A


13. Additional information:                          N/A

14. Contact name:                                    Dave Sauvarin

15. Contact telephone number:                        01481 745529


Annex Notification Of Major Interests In Shares xvi
A: Identity of the person or legal entity subject to the notification
obligation
Full name (including legal form for legal entities)             Quilter & Co
                                                                Ltd
Contact address (registered office for legal entities)          Citigroup
                                                                Quilter
                                                                St Helen's
                                                                1 Undershaft
                                                                London
                                                                EC3A 8BB
Phone number                                                    020 7662 6450
Other useful information (at least legal representative for
legal persons)

B: Identity of the notifier, if applicable xvii
Full name
Contact address
Phone number
Other useful information (e.g. functional relationship with the person or
legal entity subject to the notification obligation)

C: Additional information




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