CENTENNIAL MONEY MARKET TRUST
497, 2000-04-06
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                          CENTENNIAL MONEY MARKET TRUST
                      Supplement dated April 1, 2000 to the
                          Prospectus dated May 14, 1999


1.  As of the date of this Prospectus, Class Y shares are not available.

2. The first three  sentences of the third  paragraph  under the heading:  How
the Trusts are Managed on Page 9 of the prospectus are revised as follows.


Portfolio  Managers.  The portfolio  manager of Centennial  Money Market Trust
and  Centennial  Government  Trust  is  Carol  E.  Wolf.  She  is  the  person
principally   responsible  for  the  day-to-day   management  of  the  Trust's
portfolio.  She has had this  responsibility  since June, 1990 and July, 1988,
respectively.  She  is a  Vice  President  of  OppenheimerFunds,  Inc.  and an
officer and portfolio manager of other funds for which OppenheimerFunds,  Inc.
or the Manager or an affiliate serves as investment advisor.

















April 1, 2000                                                 PS0154.007




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