Elme Communities — Director's Dealing 2007

May 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2007-05-11

Reporting Person: Cederdahl James Bradley (Managing Dir.- Prop. Mngmt.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-11	Common Stock	M	3831	$24.85	Acquired	7417.1758	Direct
2007-05-11	Common Stock	S	1300	$37.65	Disposed	6117.1758	Direct
2007-05-11	Common Stock	S	1081	$37.66	Disposed	5036.1758	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-11	Incentive Stock Option (right to buy)	$24.85	M	3831	Disposed	2011-12-17	Common Stock (3831)	Direct