Elme Communities — Director's Dealing 2005

Apr 27, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2005-04-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-25	Common Stock	M	7500	$14.4688	Acquired	31568.4440	Indirect
2005-04-25	Common Stock	S	5000	$29.5000	Disposed	26568.4440	Indirect
2005-04-26	Common Stock	S	2500	$29.7500	Disposed	24068.4440	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-25	NQO - 1999 Officer	$14.47	M	7500	Disposed	2009-12-17	Common Stock (7500.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43069.9210	Direct