NAV Announcement as at 31 March 2019

30^th May 2019

AXA Property Trust Limited

Net Asset Value 31^st March 2019 (Unaudited)

The Directors are pleased to present the following unaudited Net Asset Value of the Company as at 31^st March 2019.

FUND NAME	NAV PER SHARE	NET ASSET VALUE (£000s)	NAV DATE
AXA Property Trust Limited	46.25 pence	9,600	31st March 2019

The unaudited Net Asset Value as at 31st December 2018 and prior to the redemption of £1.20 million (5.13 pence per share) made on 28th January 2019 was £10.836 million (46.30 pence per share). 

Company website:

retail.axa-im.co.uk/axa-property-trust

All Enquiries:

Director
Blake Nixon
Tel: [phone]

Financial Adviser and Broker
Shore Capital
Robert Finlay
Tel: [phone]

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court,
Les Banques
St Peter Port
Guernsey
GY1 3QL

Investment Manager 
AXA Investment Managers UK Limited
Broker Services
7 Newgate Street
London EC1A 7NX
United Kingdom