-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 DNH2vAnOzUqI5+1qkK4heltS2EwrV1JJck5LQl37E6m8V51ZWlXZB/A5avlvJ1W4
 RQoFnNyjllR4xXNJ7wVsKQ==

<SEC-DOCUMENT>0001181431-05-027004.txt : 20050510
<SEC-HEADER>0001181431-05-027004.hdr.sgml : 20050510
<ACCEPTANCE-DATETIME>20050510173217
ACCESSION NUMBER:		0001181431-05-027004
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20050506
FILED AS OF DATE:		20050510
DATE AS OF CHANGE:		20050510

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SHERREN CHARLES W JR
		CENTRAL INDEX KEY:			0001228480

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12254
		FILM NUMBER:		05818165

	BUSINESS ADDRESS:	
		STREET 1:		SAUL CENTERS INC
		STREET 2:		7501 WISCONSIN AVE.
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20814

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SAUL CENTERS INC
		CENTRAL INDEX KEY:			0000907254
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				521833074
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		8401 CONNECTICUT AVE
		CITY:			CHEVY CHASE
		STATE:			MD
		ZIP:			20815
		BUSINESS PHONE:		3019866207

	MAIL ADDRESS:	
		STREET 1:		8401 CONNECTICUT AVE
		CITY:			CHEVY CHASE
		STATE:			MD
		ZIP:			20815
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd78436.xml
<DESCRIPTION>EMPLOYEE STOCK PURCHASE
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24.
<SEQUENCE>2
<FILENAME>rrd66929_75360.htm
<DESCRIPTION>POWER OF ATTORNEY
</DOCUMENT>
</SUBMISSION>