Elme Communities — Director's Dealing 2006

Feb 28, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2006-02-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-24	Common Stock	M	10000	$14.4688	Acquired	56133.0270	Direct
2006-02-24	Common Stock	M	10000	$21.3440	Acquired	66133.0270	Direct
2006-02-24	Common Stock	S	20000	$33.2875	Disposed	46133.0270	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-24	NQO - 1999 Officer	$14.47	M	10000	Disposed	2009-12-17	Common Stock (10000.00)	Direct
2006-02-24	NQO - 2000 Officer	$21.34	M	10000	Disposed	2010-12-15	Common Stock (10000.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25464.4120	Indirect