UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
1934
Date of Report (Date of earliest event reported) June 17, 1998
(June 15, 1998)
ENTERTAINMENT PROPERTIES TRUST
(Exact name of Registrant as specified in its charter)
Maryland 43-179877
(State or other jurisdiction (I.R.S. Employer
of Incorporation) (Commission File Number) Identification No.)
One Kansas City Place
1200 Main Street, Suite 3250, Kansas City, Missouri 64105
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (816) 472-1700
Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
Entertainment Properties Trust (the "Company") issued a
press release on June 15, 1998, a copy of which is attached
hereto as Exhibit 99 and is incorporated herein by reference,
announcing the second quarter dividend for 1998.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits. The following Exhibits are filed with this
report:
Exhibit No. Description
99 Press Release, issued June 15, 1998.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, hereunto duly authorized.
ENTERTAINMENT PROPERTIES TRUST
By: /s/ R. Scott Christian
R. Scott Christian, Treasurer
Date: June 17, 1998
EXHIBIT 99
PRESS RELEASE
FOR IMMEDIATE RELEASE
CONTACT: Jonathan B. Weis
Entertainment Properties Trust
Director of Corporate Communications
(816) 472-1700
Lee Page, Sturges + Word
(816) 221-7500
ENTERTAINMENT PROPERTIES TRUST ANNOUNCES
SECOND QUARTER DIVIDEND FOR 1998
KANSAS CITY, MO. (June 15, 1998) Entertainment
Properties Trust (EPR:NYSE), a Real Estate Investment Trust
(REIT) that owns entertainment-related properties, announced
today that its Board of Trustees has approved a cash
dividend of $5,544,785.00, or $.40 cents a share for the
second quarter of 1998. The record date for the dividend is
June 30, 1998. The dividend is payable July 10, 1998, to
shareholders of record.
Entertainment Properties Trust is a Real Estate
Investment Trust whose principal business strategy is to
acquire and develop a diversified portfolio of high-quality
properties leased to entertainment-related business
operators. The company's common shares of beneficial
interest are traded on the New York Stock Exchange under the
ticker symbol EPR.
Other than historical information, this press release
may include forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995 and
identified by words such as "continue," "believe," "may,"
"hope," "anticipate," "goal," "forecast" or comparable
terms. The Company's actual financial condition, results of
operations or business may vary materially from those
contemplated by such forward-looking statements and involve
various risks and uncertainties, including the Company's
initial dependence on a single tenant and lease guarantor
for its revenues and ability to make distributions,
potential conflicts of interest, competition from other
entities providing capital to the entertainment industry,
dependence on key personnel, operating risks in the
entertainment industry that may affect the operations of the
Company's tenants, tax risks, interest rates and
availability of debt financing, real estate investment risks
and other risks and uncertainties. Investors are cautioned
not to place undue reliance on such forward-looking
statements, and are encouraged to review the risk factors
identified in the Company's prospectus dated November 18,
1997 and in the Company's reports filed with the Securities
and Exchange Commission.
