LIBERTY U.S. GOVERNMENT MONEY MARKET TRUST
SUPPLEMENT TO PROSPECTUS DATED MAY 31, 1998
At a Special Meeting of Shareholders to be held on June 25, 1999, shareholders
of the Trust will be asked to vote on the changes described below. If approved
by shareholders, these changes will take effect as of July 1, 1999. Shareholders
will be notified if any of these changes are not approved. Please keep this
supplement for your records.
Shareholders will be asked to consider the following proposals:
1. To elect five Trustees;
2. To ratify the selection of the Trust's independent auditors;
3. To approve a proposed Agreement and Plan of Reorganization between the
Trust and Money Market Obligations Trust, on behalf of its series, Liberty
U.S. Government Money Market Trust (the "New Fund"), whereby the New Fund
would acquire all of the assets of the Trust in exchange for shares of the
New Fund to be distributed PRO RATA by the Trust to its shareholders in
complete liquidation and termination of the Trust;
4. To transact such other business as may properly come before the meeting or
any adjournment thereof.
April 27, 1999
Cusip 531485100
G02633-02 (4/99)
