Entertainment Properties Trust Announces Fourth-Quarter Cash Dividend of $0.42 Per Share

Business Wire, Dec 16, 1999

KANSAS CITY, Mo.--(BUSINESS WIRE)--Dec. 15, 1999--

Entertainment Properties Trust (NYSE:EPR), a real estate investment trust (REIT) specializing in the acquisition and ownership of entertainment-related properties, announced today that its Board of Trustees has approved a cash dividend of $0.42 a share for the fourth quarter of 1999.

The dividend is payable January 14, 2000, to shareholders of record as of December 31, 1999. The company has 14,935,851 shares of beneficial interest outstanding.

Since becoming publicly traded in November of 1997, EPR has acquired more than $490 million in theatre and related properties throughout the United States which are operated by such first-run movie exhibitors as AMC Entertainment, Loews Cineplex Entertainment Consolidated Theatres, Muvico Entertainment, Regal Cinemas and Edwards Theatres.

Entertainment Properties Trust company contact: Jon Weis, 1200 Main Street, Suite 3250, Kansas City, Missouri 64105; 888-EPR-REIT; fax: 816-472-5794. The company web site is at www.eprkc.com.