SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K


                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported):
                                  JUNE 22, 2004


                         ENTERTAINMENT PROPERTIES TRUST
               ---------------------------------------------------
               (Exact name of company as specified in its charter)


         MARYLAND                      1-13561                  43-1790877
----------------------------   ------------------------   ----------------------
(State or other jurisdiction   (Commission file number)        IRS Employer
     of incorporation)                                    Identification Number)

          30 WEST PERSHING ROAD, SUITE 201, KANSAS CITY, MISSOURI 64108
          -------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)


                                 (816) 472-1700
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


                                 NOT APPLICABLE
          (Former name or former address if changed since last report)









ITEM 5.  OTHER EVENTS

     On June 22, 2004,  Entertainment  Properties  Trust ("EPR") entered into an
underwriting   agreement  (the   "Underwriting   Agreement")  with  J.P.  Morgan
Securities  Inc.  and  RBC  Capital  Markets  Corporation  (the  "Underwriters")
pursuant to which the Underwriters  agreed to purchase an aggregate of 1,000,000
of EPR's common shares of beneficial  interest (the  "Shares").  The offering is
scheduled to close on June 28, 2004.

     On June 23, 2004,  EPR filed with the  Commission a prospectus  supplement,
dated  June  22,  2004,  with  respect  to  the  offering,  supplementing  EPR's
prospectus  dated  March  26,  2004,  which  is  part  of  a  "universal  shelf"
Registration  Statement  on Form  S-3  (No.  333-113626)  filed  by EPR with the
Commission.  On June 23, 2004, EPR filed the  Underwriting  Agreement as Exhibit
1.1 to a current  report on Form 8-K. The Shares have been  approved for listing
on the New York Stock Exchange.


ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

(c)  Exhibits

     EXHIBIT NO.    DOCUMENT

     5.2            Opinion  of  Sonnenschein  Nath  &  Rosenthal  LLP as to the
                    legality  of  the  Shares  to  be  issued  pursuant  to  the
                    Underwriting Agreement.

SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                           Entertainment Properties Trust


Date: June 25, 2004                     By:  /s/ Fred L. Kennon
                                           ----------------------------------
                                           Fred L. Kennon
                                           Vice President, Treasurer and
                                           Chief Financial Officer