Elme Communities — Director's Dealing 2005

Mar 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2005-03-01

Reporting Person: OSNOS DAVID M (Trustee)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-01	Common Stock	M	2000	$21.3440	Acquired	12800.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-01	NQO - 2000 Trustee	$21.34	M	2000	Disposed	2010-12-15	Common Stock (2000.00)	Direct