Elme Communities — Director's Dealing 2004

Dec 16, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2004-12-14

Reporting Person: DERRICK JOHN M JR (Trustee)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-14	Common Stock	A	400	$33.4400	Acquired	9413.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-14	NQO - 2004 Trustee	$33.09	A	2000	Acquired	2014-12-13	Common Stock (2000.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	804.0000	Indirect

Footnotes

F1: Granted pursuant to the Washington Real Estate Investment Trust Share Grant Plan.