Elme Communities — Director's Dealing 2006

Sep 14, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2006-09-12

Reporting Person: MCKENZIE GEORGE F (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-09-12	Common Stock	M	1000	$24.8450	Acquired	60720.0270	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-12	ISO - 2001 Officer & Management	$24.85	M	1000	Disposed	2011-12-17	Common Stock (1000.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25464.4120	Indirect

Footnotes

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