SUPPLEMENT TO THE PROSPECTUSES
OF
EVERGREEN SELECT MONEY MARKET FUND
EVERGREEN SELECT TREASURY MONEY MARKET FUND
(THE "FUNDS")
For Evergreen Select Money Market Fund and Evergreen Select Treasury Money
Market Fund:
Effective March 4, 1998, the section of each of the prospectuses
entitled Additional Purchase Information under "PURCHASE AND REDEMPTION OF
SHARES - HOW TO BUY SHARES" is supplemented to read as follows with respect to
purchases of shares of the Funds:
Shares purchased via telephone will receive the dividend declared on
that day if the telephone order is placed by 3:00 p.m. for Evergreen Select
Money Market Fund, and by 3:30 p.m. for Evergreen Select Treasury Money Market
Fund, and federal funds are received the same day by 4:00 p.m. (Eastern time).
April 7, 1998