Holding(s) in Company

AXA Property Trust Ld
28 March 2006


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Axa Property Trust Limited

2. Name of shareholder having a major interest

Merrill Lynch Investment Managers

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

Nutraco Nominees Limited 11,637,857
Nutraco Nominees Limited A/C Charty 2,061,200
Stamford Nominees 326,000
Other Name 250,000

5. Number of shares / amount of stock acquired

778,000

6. Percentage of issued class

0.778

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

24 March 2006

11. Date company informed

28 March 2006

12. Total holding following this notification

14,275,057

13. Total percentage holding of issued class following this notification

14.275

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

28 March 2006

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