Director/PDMR Shareholding

To: Company Announcements

Date: 23 June 2010

Company: AXA Property Trust Limited

Subject: Directors/PDMR Dealings

Pursuant to Listing Rule DTR 3.1, AXA Property Trust Limited announces that the following beneficial holding of ordinary shares was acquired by Miss Amelia Pamela Saunders Hunter, a connected person to Mr Charles Hunter, a Director of the Company, on 21 June 2010.

4,737 ordinary shares at 47.49p representing 0.004737% of the Company's issued share capital. The shares are registered in the name of Hargreaves Lansdown.

Mr Hunter is the beneficial holder of a total of 6,200 ordinary shares representing 0.0062% of the Company's issued share capital.

All enquiries:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

Tel : 01481 745604

Fax : 01481 745085