LEASINVEST REAL EST. : Estate SCA: Disclosure of notification in accordance with the law of 02/05/2007

From a notification of 8 November 2013 by AXA SA - 25 avenue Matignon à 75008 Paris - it appears that an internal transfer of 377,725 shares took place within the companies of the Group AXA SA in Belgium on 7 November 2013.

AXA Belgium SA, previously shareholder of 1,431,883 Leasinvest Real Estate shares, has transferred 377,725 of those shares to AXA Holdings Belgium SA.

The number of shares of which disposes AXA Belgium SA is thus reduced to 1,054,158 shares.

This internal transfer of shares has no impact on the total number of voting rights on a consolidated basis of which the Group AXA SA disposes within Leasinvest Real Estate. The individual entities that dispose of voting rights have however changed.

The total number of voting rights remained unchanged: 1,431,883, or 29% of the total number of voting rights (denominator: 4,938,870). The total capital of Leasinvest Real Estate amounts to 54,314,744.64 EUR.

Entities within the AXA group that hold voting rights:

- AXA Holdings Belgium SA for 377,725 shares;

- AXA Belgium SA for 1,054,158 shares.

This transfer generated two crossings of threshold: the threshold of 5% was exceeded by AXA Holdings Belgium SA and AXA Belgium SA passed under the threshold of 25%.

Chain of control:

AXA Belgium SA is held for 96,93% by AXA Holdings Belgium SA and for 3,07% by AXA SA.

AXA Holdings Belgium SA is held for 100% by AXA SA.

The operational entities of the Group AXA comprising the insurance companies subsidiaries of AXA

act and exercise their voting rights on an independent basis of any other entity of the Group AXA

exercising activities of asset management, under the conditions of Article 11§2 of the Belgian law of 02/05/2007.