PROSPECTUS SUPPLEMENT (TO PROPECTUS DATED MARCH 24, 1999) EQUITY RESIDENTIAL PROPERTIES TRUST 1,262,264 SHARES This prospectus supplement amends and replaces the table following the first paragraph under the heading "Selling Shareholders" on pages 6 and 7 of the prospectus dated March 24, 1999. The revised table sets forth the name of each selling shareholder , the number of common shares to be owned upon exchange of units of limited partnership interest by each selling shareholder (as described in the prospectus) and the number of common shares that may be offered by each selling shareholder. ---------------------------------- The date of this prospectus supplement is July 8, 1999 NUMBER OF COMMON SHARES OWNED AND NAME OF SELLING SHAREHOLDER OFFERED HEREBY --------------------------- -------------- TCF Residential Partnership, Ltd...................................... 182,011 (1) J. Ronald Terwilliger ................................................ 148,470 (2) CPM Investment Company, LLC........................................... 111,226 Lansing-Sierra Associates, L.P........................................ 90,445 Leonard W. Wood Family Limited Partnership............................ 87,705 (3) Susan A. Hoeksema..................................................... 81,962 CFP Residential, L.P. ................................................ 74,396 (1) Douglas Hoeksema...................................................... 72,500 Warren J. Durkin, Jr.................................................. 51,404 Taxman Family Limited Partnership..................................... 44,305 J. Ronald Terwilliger Grantor Trust................................... 23,378 (4) Randy J. Pace......................................................... 21,134 Edward O. Wood, Jr.................................................... 18,044 Mandel Properties Services, Inc....................................... 16,786 Christopher T. Carley................................................. 16,397 Speicher Family Trust................................................. 15,607 JRT Holdings, Inc..................................................... 14,245 (5) Trammell Crow Residential Company..................................... 11,476 Barry R. Mandel....................................................... 9,801 (6) Clifford Breining..................................................... 9,457 LWW Holdings, Inc..................................................... 8,796 (7) Guy Weill............................................................. 6,014 Bruce R. Fairty....................................................... 5,752 Terrence C. Golden.................................................... 5,742 Richard L. Michaux.................................................... 5,551 Edward A. Storey...................................................... 4,999 David J. Elwell....................................................... 4,333 Arthur Hill........................................................... 4,134 TCR-Glenlake Club Limited Partnership................................. 3,902 Ronald J. Gafford..................................................... 3,093 Dwight C. Baum and Hildegard E. Baum Trust............................ 3,007 John S. Carter........................................................ 3,007 Edwin K. Hoffman...................................................... 3,007 Kenneth McCormick..................................................... 3,007 Joel M. Goldfrank..................................................... 3,007 David Benjamin........................................................ 2,894 Dennis Fitzharris..................................................... 2,757 Robert M. Schaffner................................................... 2,327 Estate of Robert E. Springer.......................................... 2,068 J. Kevin Henderson.................................................... 1,581 John T. Dealy......................................................... 1,503 A. Eugene Kohn........................................................ 1,503 Peter E. Bronstein.................................................... 1,503 Steven A. Karpf....................................................... 1,503 (8) Arthur Hauspurg....................................................... 1,378 Peter Hauspurg........................................................ 1,378 Russell Pellicano..................................................... 1,378 William and Marta Ray................................................. 1,000 Balcones Club Associates.............................................. 989 NUMBER OF COMMON SHARES OWNED AND NAME OF SELLING SHAREHOLDER OFFERED HEREBY --------------------------- -------------- Donald E. Conover..................................................... 751 Thomas M. Yamin....................................................... 751 Royal Taxman.......................................................... 662 GT of Wisconsin, Inc.................................................. 662 Gary Taxman........................................................... 662 C. Ronald Blankenship................................................. 441 Marcus E. Bromley..................................................... 437 Lewis Topper.......................................................... 138 Hy Manton............................................................. 138 Philip Levy........................................................... 138 Jeffrey Gilbert....................................................... 138 Trammell S. Crow...................................................... 44 -------------- 1,196,824 (9) -------------- -------------- - ---------------------- (1) The general partner of TCF Residential Partnership, Ltd. is Mill Spring Holdings, Inc. The general partner of CFP Residential, L.P. is Crow Family, Inc. Harlan R. Crow is the Chief Executive Officer of each of Mill Spring Holdings, Inc. and Crow Family, Inc. (2) Does not include 23,378 shares that may be owned upon an exchange of units by the J. Ronald Terwilliger Grantor Trust, of which Mr. Terwilliger is the trustee, or 14,245 shares that may be owned upon an exchange of units by JRT Holdings, Inc., of which Mr. Terwilliger is the President. (3) Does not include 8,796 shares that may be owned upon an exchange of units by LWW Holdings, Inc. Leonard W. Wood is the President of each of the general partner of the Leonard W. Wood Family Partnership and LWW Holdings, Inc. (4) Does not include 148,470 shares that may be owned upon an exchange of units by J. Ronald Terwilliger, who is the trustee of the J. Ronald Terwilliger Grantor Trust. (5) Does not include 148,470 shares that may be owned upon an exchange of units by J. Ronald Terwilliger, who is the President of JRT Holdings, Inc. (6) Does not include 16,786 shares registered hereunder for the benefit of Mandel Property Services, Inc., of which Mr. Mandel is the sole shareholder and President. (7) Does not include 87,705 shares that may be owned upon an exchange of units by the Leonard W. Wood Family Limited Partnership. Leonard W. Wood is the President of each of the general partner of the Leonard W. Wood Family Limited Partnership and LWW Holdings, Inc. (8) Mr. Karpf has informed us that he also owns an additional 762 of our common shares. (9) We have been informed that the selling shareholders have sold 65,440 of the shares listed in the prospectus.