GOLDMAN SACHS MONEY MARKET TRUST
GOLDMAN SACHS-INSTITUTIONAL LIQUID ASSETS
ILA Units
ILA Administration Units
ILA Service Units
----------------------------------------------------------------
Supplement dated November 4, 1996 to
Prospectuses dated May 1, 1996
The following relates to the Federal and Treasury
Instruments Portfolios only:
The section under "Purchase of Units" is revised to include
the following:
If order is received
by Goldman Sachs Dividends Begin
- -------------------- ---------------
(2) In the case of the Treasury Instruments and Federal
Portfolios
By: 3:00 p.m. - N.Y. time Same Business Day
- -----------------------------------------------------------------
After: 3:00 p.m. - N.Y. time Next Business Day
The section under "Redemption of Units - Payment of
Redemption Proceeds and Dividends" is revised to include the
following:
Redemption Request Received Redemption Proceeds
by Goldman Sachs Ordinarily Dividends
- ---------------------------- ------------------- ---------
(2) In the case of the Treasury Instruments and Federal
Portfolios
By: 3:00 p.m. - N.Y. time Wired Same Business Day Not earned
on Day
request is
received
- -----------------------------------------------------------------
After: 3:00 p.m. - N.Y. time Wired Next Business Day Earned on
Day
request is
received