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Charles E. Smith Residential Realty Teleconference Scheduled for Thursday, Nov. 6, 1997

    ARLINGTON, Va., Oct. 29 /PRNewswire/ -- Charles E. Smith Residential
Realty, Inc. (NYSE: SRW) will report operating results for the third quarter
(ended Sept. 30, 1997) on Wednesday, Nov. 5, 1997.  You are invited to
participate in a teleconference on Thursday, Nov. 6, 1997, at 11 a.m. (Eastern
Time) to review the financial results.
    Ernest Gerardi, Jr., President and Chief Operating Officer, and Denny
Minami, Senior Vice President and Chief Financial Officer, will be on the call
and available to answer your questions.
    The quarterly news release will be distributed over PR Newswire and to the
Company's fax lists after the market closes on Nov. 5. If you would like to
participate in the teleconference, please call 1-800-633-8638 shortly before
11 a.m. on Thursday, Nov. 6, and identify yourself as a participant in the
Charles E. Smith Residential Realty teleconference.
    The call is expected to last no longer than 45 minutes. If you are unable
to join the call at 11 a.m., a replay will be available from 9 a.m. to 5 p.m.
(Eastern Time) on Friday, Nov. 7, 1997. To access this service, please call
1-800-835-2663 and ask for the Charles E. Smith Residential Realty
teleconference replay.
    Charles E. Smith Residential Realty, Inc. is a self-managed real estate
investment trust listed on the New York Stock Exchange (SRW).  The Company and
its subsidiaries and affiliates own, acquire, develop, and manage multi-family
residential properties; and in addition, provide a full range of real estate
services to other property owners.  The Company owns a portfolio of 18,236
apartment units and manages an additional 4,000+ units for other owners.  The
total market capitalization of the Company -- Charles E. Smith Residential
Realty, including its Operating Partnership -- is approximately $1.7 billion.
Investor information including press releases about Charles E. Smith
Residential Realty is available on the Company's Web site at:
http://www.smithreit.com, and also through PR Newswire's "Company News on
Call" by fax 800-758-5804, ext. 101271, or at: http://www.prnewswire.com.


SOURCE Charles E. Smith Residential Realty, Inc.




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CONTACT:
Investors: Bruce Snyder, 703-769-1029; or
Media: John Kurtz, 703-769-1153, both of Charles E. Smith
Residential Realty