UNITED CASH MANAGEMENT INC
497, 2000-02-28
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SUPPLEMENT TO THE PROSPECTUS

United Cash Management, Inc.
  Waddell & Reed Money Market B Shares
  Waddell & Reed Money Market C Shares

The following information supplements and supersedes any contrary information
contained in the Prospectus:

Effective March 24, 2000, the Fund's Waddell & Reed Money Market B shares will
become subject to the contingent deferred sales charge and shareholder servicing
fee currently in effect for Waddell & Reed Money Market C shares, and Waddell &
Reed Money Market B shares will be redesignated as Waddell & Reed Money Market C
shares.  If you are a Waddell & Reed Money Market B shareholder of record at the
close of business on that date, your Waddell & Reed Money Market B shares will
automatically become Waddell & Reed Money Market C shares of the Fund.

After March 24, 2000, the Fund will no longer offer Waddell & Reed Money Market
B shares.



To be attached to the cover page of the Prospectus of United Cash Management,
Inc. Waddell & Reed Money Market B Shares and Waddell & Reed Money Market C
Shares dated September 20, 1999.

This Supplement is dated February 28, 2000.


WRS4010A

<PAGE>
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION


United Cash Management, Inc.

The following information supplements and supersedes any contrary information
contained in the Statement of Additional Information:

Effective March 24, 2000, the Fund's Waddell & Reed Money Market B shares will
become subject to the contingent deferred sales charge and shareholder servicing
fee currently in effect for Waddell & Reed Money Market C shares, and Waddell &
Reed Money Market B shares will be redesignated as Waddell & Reed Money Market C
shares.  If you are a Waddell & Reed Money Market B shareholder of record at the
close of business on that date, your Waddell & Reed Money Market B shares will
automatically become Waddell & Reed Money Market C shares of the Fund.

After March 24, 2000, the Fund will no longer offer Waddell & Reed Money Market
B shares.



To be attached to the cover page of the Statement of Additional Information of
United Cash Management, Inc. dated September 20, 1999.

This Supplement is dated February 28, 2000.



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