X0202 4 2006-05-31 0 0001156826 ARCHSTONE SMITH TRUST ASN 0001136856 HOLMES NED S 9200 E. PANORAMA CIRCLE SUITE 400 ENGLEWOOD CO 80112 0 0 0 1 Trustee Common Shares of Beneficial Interest 2006-05-31 4 A 0 125 48.35 A 49845 D Common Shares of Beneficial Interest 9554 I Held by family partnership and child Dividend reinvestment on fees which were previously deferred into shares units pursuant to Issuer's Deferred Compensation Plan. Direct total includes 13,986 units in Issuer's Deferred Compensation Plan and 10,000 Restricted Stock Units issued pursuant to Issuer's Equity Plan for Outside Trustees Erin McMahon, Attorney-in-Fact on behalf of Ned Holmes 2006-06-02