UDR, Inc. — Director's Dealing 2005

Feb 14, 2005

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: UNITED DOMINION REALTY TRUST INC (UDR)
CIK: 0000074208
Period of Report: 2004-12-31

Reporting Person: SPANGLER THOMAS A (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-31	Common Stock	J	93	—	Acquired	1584	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30423	Direct

Footnotes

F1: Shares acquired through Dividend Reinvestment