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)
April 8, 1998 (March 31, 1998)
ENTERTAINMENT PROPERTIES TRUST
(Exact name of Registrant as specified in its charter)
Maryland 43-179877
(State or other jurisdiction (Commission (I.R.S. Employer
of Incorporation) 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)
<PAGE>
ITEM 5. OTHER EVENTS
Entertainment Properties Trust (the "Company") issued a
press release on March 31, 1998, a copy of which is attached
hereto as Exhibit 99 and is incorporated herein by reference,
announcing the addition of a second Chicago area megaplex theatre
property.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibits. The following Exhibits are filed with this report:
Exhibit No. Description
99 Press Release, issued March 31, 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: April 8, 1998
EXHIBIT 99
PRESS RELEASE
FOR IMMEDIATE RELEASE
CONTACT: Jonathan B. Weis
Director of Corporate Communications
Entertainment Properties Trust
(816) 472-1700
ENTERTAINMENT PROPERTIES TRUST ANNOUNCES ADDITION OF SECOND
CHICAGO AREA MEGAPLEX THEATRE PROPERTY
KANSAS CITY, MO. (March 31, 1998) Entertainment Properties
Trust (NYSE:EPR), a real estate investment trust that owns
entertainment-related properties, today announced it has
purchased the Cantera 30 megaplex theatre and associated real
estate from American Multi-Cinema Inc. (AMC), a subsidiary of AMC
Entertainment Inc. AMC will continue to operate the theatre
under a sale/leaseback transaction.
The addition brings to 14 the number of megaplex theatre
properties EPR has acquired since the company became publicly
traded in November of 1997. The Cantera 30 megaplex is located
in Warrenville, IL, and is the second megaplex theatre property
EPR owns in the Chicago area. Earlier this month, EPR purchased
the South Barrington 30 megaplex theatre property.
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.
