1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ----------------- SCHEDULE 14D-9 (RULE 14d-101) SOLICITATION/RECOMMENDATION STATEMENT UNDER SECTION 14(d)(4) OF THE SECURITIES EXCHANGE ACT OF 1934 AMENDMENT NO. 4 Entertainment Properties Trust -------------------------------------------------------------------------------- (Name of Subject Company) Entertainment Properties Trust -------------------------------------------------------------------------------- (Name of Person(s) Filing Statement) Common Shares of Beneficial Interest, par value $.01 per share -------------------------------------------------------------------------------- (Title of Class of Securities) 29380T105 -------------------------------------------------------------------------------- (CUSIP Number of Class of Securities) Gregory K. Silvers Entertainment Properties Trust 30 Pershing Road Union Station - Suite 201 Kansas City, Missouri 64108 (816) 472-1700 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notice and Communications on Behalf of the Person(s) Filing Statement) Copies to: Steven B. Stokdyk Sullivan & Cromwell 1888 Century Park East, Suite 2100 Los Angeles, California 90067 Telephone: (310) 712-6600 / / Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. 2 This Amendment No. 4 amends and supplements the Solicitation / Recommendation Statement on Schedule 14D-9 filed with the Securities and Exchange Commission on April 17, 2001, as amended (the "Schedule 14D-9") by Entertainment Properties Trust ("EPR"), relating to the partial tender offer by BRT Realty Trust to purchase up to 1,000,000 shares of EPR's common shares of beneficial interest, par value $.01 per share, at $18.00 per share. Capitalized terms used but not defined herein have the meanings ascribed to them in the Schedule 14D-9. ITEM 9. EXHIBITS. Exhibit No. Description (a)(5)(iii) Text of press release dated April 23, 2001 issued by EPR (incorporated herein by reference to EPR's definitive additional materials on Schedule 14A filed with the SEC on April 23, 2001). SIGNATURE After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. /s/ David Brain David Brain President and Chief Executive Officer April 23, 2001