GOLDMAN SACHS MONEY MARKET TRUST
FINANCIAL SQUARE FUNDS
FST Shares
FST Administration Shares
FST Service Shares
FST Preferred Shares
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Supplement dated August 5, 1996 to
Prospectuses dated May 1, 1996
The second sentence under the section "Net Asset Value" will
be revised as follows:
The net asset value of Government Fund and Treasury
Obligations Fund is determined as of 5:00 p.m. New York time on
each Business Day.
The first sentence under the section "Distributions" will be
revised as follows:
All or substantially all of each Fund's net investment
income will be declared daily (as of 4:00 p.m. New York time for
each Fund other than Government Fund and Treasury Obligations
Fund and as of 5:00 p.m. New York time for Government Fund and
Treasury Obligations Fund) as a dividend and distributed to FST
Shareholders monthly.
Additionally, under "Distributions" the following will be
included:
The income declared as a dividend for the Treasury
Obligations Fund is based on estimates of net investment income for
the Fund. Actual income may differ from estimates, and
differences, if any, will be included in the calculation of
subsequent dividends.
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Parenthetical (1) and (2) under "Purchase of Shares" are
revised as follows:
If order is received by Goldman Sachs Dividends
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(1) In the case of Taxable Funds (except for Government Fund
and Treasury Obligations Fund)
By: 3:00 p.m. - N.Y. time Same Business Day
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After: 3:00 p.m. - N.Y. time Next Business Day
(2) In the case of Government Fund and Treasury Obligations
Fund
By: 5:00 p.m. - N.Y. time Same Business Day
- -----------------------------------------------------------------
After: 5:00 p.m. - N.Y. time Next Business Day
Parenthetical (1) and (2) under "Redemption of Shares -
Payment of Redemption Proceeds and Dividends" are revised as
follows:
Redemption Request
Received by Goldman Redemption Proceeds
Sachs Ordinarily Dividends
- -------------------- ------------------- ----------
(1) In the case of Taxable Funds (except for Government Fund
and Treasury Obligations Fund)
By: 3:00 p.m. - Wired Same Business Not earned on
N.Y. Time Day day request is
received
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After: 3:00 p.m. - Wired Next Business Earned on Day
N.Y. Time Day request is
received
(2) In the case of the Government Fund and Treasury
Obligations Fund
By: 5:00 p.m - Wired Same Business Not earned on
N.Y. Time Day Day request is
received
- -----------------------------------------------------------------
After: 5:00 p.m. - Wired Next Business Earned on Day
N.Y. Time Day request is
received