X0202 4 2004-09-01 0 0001156826 ARCHSTONE SMITH TRUST ASN 0001136856 HOLMES NED S 55 WAUGH DRIVE HOUSTON TX 77007 0 0 0 1 Trustee Common shares of beneficial interest 2004-09-01 4 M 0 5000 30.95 A 29707 D Common shares of beneficial interest 2004-09-01 4 M 0 5000 30.95 A 34707 D Common shares of beneficial interest 9554 D Option-to-buy 22.5938 2004-09-01 4 M 0 5000 22.5938 D 2009-06-16 Common shares 5000 10000 D Option-to-buy 22.5625 2004-09-01 4 M 0 5000 22.5625 D 2010-05-17 Common shares 5000 5000 D Total direct includes 10,707 units in the Issuer's Deferred Compensation Plan and 6000 Restricted Share Units issued pursuant to Issuer's Equity Plan for Outside Trustees Total indirect includes 4000 in family limited partnership and 5554 held in trust for children Options were granted on 6/16/99 and vested at the rate of 25% a year for 4 years beginning on 6/16/00 Options were granted on 5/17/00 and vested at the rate of 25% a year for 4 years beginning on 5/17/01 Erin McMahon, Attorney-in-Fact on behalf of Ned Holmes 2004-09-03