EPR PROPERTIES — Director's Dealing 2011

Dec 27, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTERTAINMENT PROPERTIES TRUST (EPR)
CIK: 0001045450
Period of Report: 2011-12-23

Reporting Person: Brain David M. (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-23	Common Shares of Beneficial Interest	J	0	—	Acquired	1628	Indirect
2011-12-23	Common Shares of Beneficial Interest	S	6000	$44.4718	Disposed	469913	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-23	Option to Purchase Common Shares of Beneficial Interest	$	J	0	Acquired		Common Shares of Beneficial Interest ()	Direct

Footnotes

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