Elme Communities — Director's Dealing 2003

Aug 18, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2003-08-15

Reporting Person: MCKENZIE GEORGE F (Exec VP Real Estate)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-15	Common Stock	M	2684	$17.5935	Acquired	33625.5150	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-15	ISO	$17.59	M	2684	Disposed	2008-12-15	Common Stock (2684.00)	Direct