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NOTIFICATION UNDER CHAPTER 14 OF BURSA SECURITIES' LISTING REQUIREMENTS ON DEALING IN SECURITIES

AXIS REAL ESTATE INVESTMENT TRUST

Type

Announcement
SubjectNOTIFICATION UNDER CHAPTER 14 OF BURSA SECURITIES' LISTING REQUIREMENTS ON DEALING IN SECURITIES

Contents :

Pursuant to Chapter 14 of the Bursa Securities’ Listing Requirements on Dealing in Securities, Axis REIT Managers Berhad ("ARMB" or "Company"), the management company of Axis Real Estate Investment Trust ("AREIT") wishes to announce that the Company had received notification(s) from the following Director in relation to the dealings in units, the details are as follows:-

Name of Director/Principal Officer
Date of Transaction
Total No. of units Acquired/Disposed
% of Issued units
Total Consideration
(RM)
Direct
Indirect
Direct
Indirect
Dato' Mohamed Salleh Bajuri
4/8/2005 -
20/9/2005
(50,000)
(300,000)*
0.02
0.15*
Please refer to remarks mentioned hereinbelow

*Deemed interested through his shareholdings in PAMS Holdings Sdn Bhd, PAMS Corporation Sdn Bhd and the interest of the spouse.

Remarks:-

Detail of movement of the Director’s dealing in units:-


Number of units
Direct
Number of units
Indirect
Total Consideration
(RM)
Number of units acquired
500,000
-
(692,470.00)
Number of units
disposed
(150,000)
-
248,562.30
Number of units
transferred from his direct interest
to his spouse
(100,000)
100,000
-
Number of units transferred from his direct interest to PAMS Holdings Sdn Bhd and PAMS Corporation Sdn Bhd
(200,000)
200,000
298,705.00
Total No. of units Acquired/ Disposed
--------------
50,000
========
---------------
300,000
=========


Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced20 Dec 2005  
CategoryGeneral Announcement
Reference NoCC-051220-42F8B



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