X0101 4 2003-05-20 0 0001156826 ARCHSTONE SMITH TRUST ASN 0001136856 HOLMES NED S 0 0 0 1 Trustee Common Shares of Beneficial Interest 2003-05-20 4 A 0 2000 24.29 A 19745 D Total direct includes 7,745 units in Issuer's Deferred Compensation Plan and 4,000 Restricted Share Units issued pursuant to Issuer's Equity Plan for Outside Trustees, 2,000 of which were issued on 5/21/02 and vest 25% a year over 4 years, and 2,000 of which were issued on 5/j20/03 and vest 33.33% a year over 3 years. Indirect total includes 4,000 shares held in family partnerships and 5,554 shares held in trust for children. Erin McMahon, Attorney-in-Fact on behalf of Ned Holmes 2003-05-21