Elme Communities — Director's Dealing 2005

Jun 9, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2005-06-07

Reporting Person: FITZGERALD BRIAN J (Mnging. Dir. -Leasing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-07	Common Stock	M	17469	$24.8450	Acquired	50133.2813	Direct
2005-06-07	Common Stock	S	17469	$32.1081	Disposed	32664.2813	Direct
2005-06-07	Common Stock	S	8185	$32.0227	Disposed	24479.2813	Direct
2005-06-07	Common Stock	M	18085	$25.6100	Acquired	42564.2813	Direct
2005-06-08	Common Stock	S	9900	$32.0151	Disposed	32664.2813	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-07	NQO - 2001 Officer	$24.85	M	17469	Disposed	2011-12-17	Common Stock (17469.00)	Direct
2005-06-07	NQO - 2002 Officer	$25.61	M	18085	Disposed	2012-12-16	Common Stock (18085.00)	Direct

Footnotes

F1: 50 % exercisable on this date. 100 % exercisable one year from this date.

F2: 50% exercisable on this date. 100% exercisable one year from this date.