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                                  SCHEDULE 14A
                                 (RULE 14a-101)

                    INFORMATION REQUIRED IN PROXY STATEMENT
                            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-12

                         Entertainment Properties Trust
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                (Name of Registrant as Specified in Its Charter)

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    (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)(1) and
         0-11.

     (1) Title of each class of securities to which transaction applies:

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     (2) Aggregate number of securities to which transaction applies:

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     (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):

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     (4) Proposed maximum aggregate value of transaction:

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     (5) Total fee paid:

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     [ ] Fee paid previously with preliminary materials.
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     [ ] 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:

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     (2) Form, Schedule or Registration Statement No.:

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     (3) Filing Party:

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     (4) Date Filed:

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CONTACTS
Media:           Jon Weis                           (888) EPR-REIT
Shareholders:    MacKenzie Partners, Inc.           (800) 322-2885

                    EPR RECEIVES ANOTHER KEY ENDORSEMENT FOR
                         ITS TRUSTEE NOMINEE, SCOTT WARD

         KANSAS CITY, MISSOURI - May 4, 2001 - Entertainment Properties Trust
(NYSE: EPR) announced today that the company has received the endorsement of
Proxy Monitor in its current proxy contest with BRT Realty Trust.

         Proxy Monitor, a leading independent shareholder advocate and proxy
advisory firm, recommended that shareholders support EPR's nominee, Mr. Scott
Ward, for re-election to EPR's board of trustees. In recommending Mr. Ward,
Proxy Monitor stated that BRT's "lack of strategy leaves us unimpressed. We do
not believe BRT has made a very compelling case either against present
management or in support of its opposition candidate."

         David Brain, EPR's president and chief executive officer commented, "We
are very pleased to have received another important endorsement, this time from
Proxy Monitor. We believe that this is a vote of confidence for the EPR
management team and the strength of our candidate, Scott Ward."

         EPR shareholders are encouraged to indicate their support for Mr. Ward
and EPR's trustees by returning the BLUE proxy card today, voting for Scott
Ward, and ignoring any further correspondence from BRT Realty or Mr. Gould.
Shareholders who have questions about the upcoming annual meeting, the election
of the trustee or BRT's partial tender offer are encouraged to contact the
company's proxy solicitor, MacKenzie Partners at (800) 322-2885, or to call the
company directly at (888) EPR-REIT.

         EPR's 2001 annual meeting of shareholders will be held at 10:00 A.M. on
May 9, 2001 at the Leawood Town Center Theatre, in Leawood, Kansas.

                                      # # #

                  Entertainment Properties Trust is a specialty finance company
organized as a real estate investment trust (REIT) whose principal business
strategy is to acquire and develop a diversified portfolio of high-quality
properties leased to major 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. The Entertainment Properties Trust company
address is 30 Pershing Road, Suite 201, Kansas City, Missouri 64108.
888-EPR-REIT. FAX 816-472-5794. The company's website is located at
http://www.eprkc.com.