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SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant [X]
Filed by a party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement [ ] Confidential, for Use of the
Commission Only (as permitted by
Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[x] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
EQUITY RESIDENTIAL PROPERTIES TRUST
- --------------------------------------------------------------------------------
(Name of Registrant as Specified in Its Charter)
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of filing fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and
0-11.
(1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transactions applies:
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
filing fee is calculated and state how it was determined):
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid:
[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
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[EQUITY RESIDENTIAL LOGO]
TWO NORTH RIVERSIDE PLAZA
CHICAGO, ILLINOIS 60606
IMPORTANT REMINDER
Dear Equity Residential Properties Trust Shareholder:
The special meeting of shareholders of Equity Residential Properties Trust
("EQR") will take place on Thursday, October 15, 1998. THIS LETTER IS TO REMIND
YOU THAT YOUR VOTE IS IMPORTANT TO US NO MATTER HOW MANY SHARES YOU OWN.
As detailed in the proxy statement previously mailed to you, we are seeking
your vote to approve, among other things, the tax free merger of Merry Land &
Investment Company, Inc. ("Merry Land") with EQR. Once the merger becomes
effective, shareholders of Merry Land will become shareholders of EQR.
The merger represents an opportunity for EQR to continue to build an
integrated network of properties across the country. The acquisition of Merry
Land will solidify EQR's leadership position in the multifamily property
industry and EQR as one of the largest publicly traded multifamily REITs (based
on the aggregate market value of its outstanding equity capitalization). The
Merry Land properties will also expand the geographic focus of EQR's operations
in the southern United States. With the addition of Merry Land's 118 apartment
properties, EQR will own 656 apartment properties consisting of 187,543 units.
YOUR BOARD OF TRUSTEES HAS APPROVED THE MERGER AND BELIEVES THE MERGER IS
IN THE BEST INTEREST OF EQR AND ITS SHAREHOLDERS, AND RECOMMENDS THAT ALL
SHAREHOLDERS VOTE FOR APPROVAL OF THE MERGER.
To date your proxy has not been received. We encourage you to read
carefully the joint proxy statement previously mailed to you and vote promptly
using the enclosed duplicate proxy form. If it is convenient, you may also vote
by telephone or the Internet. Simply follow the instructions included with this
letter.
REMEMBER A FAILURE TO VOTE WILL HAVE THE SAME EFFECT AS A VOTE AGAINST THE
MERGER SINCE THE MERGER PROPOSAL REQUIRES THE APPROVAL OF MORE THAN 50% OF THE
OUTSTANDING EQR COMMON SHARES.
If you need another copy of the joint proxy statement or have any
questions, please contact our proxy solicitor, MacKenzie Partners, Inc., toll
free at (800) 322-2885 or (212) 929-5500 (call collect).
We appreciate your prompt attention to voting your shares and thank you for
your continued interest in your company.
Sincerely,
/s/ Douglas Crocker II
Douglas Crocker II,
Chief Executive Officer, President and
Trustee
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INSTRUCTIONS FOR VOTING BY TELEPHONE
- Call the 800 telephone number located in the upper left of
the enclosed proxy
- Use your 12 digit control number which is located above
Proposal 1 to access the voting menu
INSTRUCTIONS FOR VOTING VIA THE INTERNET
- Contact www.PROXYVOTE.com
- Use your 12 digit control number which is located above
Proposal 1 to access the voting screen
If you have any questions, or need assistance in voting your
shares,
please contact our proxy solicitor, MacKenzie Partners, Inc. at
(800) 322-2885 (toll-free) or (212) 929-5500 (call collect).
