X0201 42004-01-16 0000913782 GABLES RESIDENTIAL TRUST GBP 0001186991 FITCH DAVID C/O GABLES RESIDENTIAL 777 YAMATO RD., SUITE 510 BOCA RATON FL 33431 0100SVP & Chief Investment OfficerCommon Shares of Beneficial Interest, $.01 par value2004-01-164A012000A17840DCommon Shares of Beneficial Interest, $.01 par value1000IBy Spouse Not applicable to stock grant awards.The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.Dawn H. Severt As Attorney in Fact2004-01-16