Cohen & Steers Asia Pacific Realty Shares, Inc.

Exhibit (l)

Xxxxx & Steers Asia Pacific Realty Shares, Inc.

000 Xxxx Xxxxxx

New York, New York 10017

July    , 2006

Xxxxx & Steers Capital Management, Inc.

000 Xxxx Xxxxxx

New York, New York 10017

Dear Sirs:

Xxxxx & Steers Asia Pacific Realty Shares, Inc. (the “Fund”) hereby accepts your offer to purchase 100 Class A shares, 100 Class C shares and 8,550 Class I shares, each at a price of $11.46 per share for an aggregate purchase price of $100,275. This agreement is subject to the understanding that you have no present intention of selling or redeeming the shares so acquired.

Sincerely,

Xxxxx & Steers Asia Pacific Realty Shares, Inc.

By:

Accepted:

Xxxxx & Steers Capital Management, Inc.

By: