EPR PROPERTIES — Director's Dealing 2010

Mar 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTERTAINMENT PROPERTIES TRUST (epr)
CIK: 0001045450
Period of Report: 2010-03-01

Reporting Person: SILVERS GREGORY K (VP, COO and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-01	Common Shares of Beneficial Interest	J	0	—	Acquired	17452	Indirect
2010-03-01	Common Shares of Beneficial Interest	D	13435	$39	Disposed	186559	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-01	Option to Purchase Common Shares of Beneficial Interest	$	J	0	Acquired		Common Shares of Beneficial Interest ()	Direct

Footnotes

F1: These shares or options have already been reported and do not reflect any change.

F2: Pursuant to the Promissory Note dated January 3, 2002, payable by Mr.Silvers to the Company, Mr. Silvers paid off his Note by surrendering 13,435 common shares of beneficial interest in the Company at a value of $39.00 per share, which was the closing price of the shares on March 1, 2010.