Elme Communities — Director's Dealing 2006

May 16, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2006-05-15

Reporting Person: FRANKLIN LAURA M (S.V.P. Accounting)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-15	Common Stock	A	11000	$36.73	Acquired	53444.13	Direct

Footnotes

F1: Granted pursuant to the Washington Real Estate Investment Trust Share Grant Plan. 25% of shares become nonforfeitable one year from transaction date. An additional 25% of shares become nonforfeitable two years from transaction date. Fully vested 3 years from transaction (grant) date.