TRUST FOR U.S. TREASURY OBLIGATIONS
SUPPLEMENT TO PROSPECTUS DATED NOVEMBER 30, 1998
At a meeting to be held on March 22, 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 April 1, 1999, except Proposal 7, which
will occur on or after April 23, 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 proposals:
(1) To elect seven Trustees.
(2) To ratify the selection of the Trust's independent auditors.
(3) To make changes to the Trust's fundamental investment policies:
(a) To make non-fundamental, and to amend, the Trust's fundamental
investment policy regarding maturity of money market instruments;
(b) To amend the Trust's fundamental investment policy regarding borrowing
to permit the purchase of securities while borrowings are outstanding;
and
(c) To amend the Trust's fundamental investment policy regarding pledging
securities to permit the Trust to pledge assets to secure permitted
borrowings.
(4) To eliminate the Trust's fundamental investment policy regarding the
average maturity of securities in the Trust's portfolio.
(5) To approve a clarifying amendment to the Trust's Investment Advisory
Agreement to exclude Rule 12b-1 fees and shareholder service fees from the
expense cap.
(6) To approve an amendment and restatement to the Trust's Declaration of Trust
to require the approval of a "1940 Act" majority of the shareholders in the
event of the sale and conveyance of the assets of the Trust to another
trust or corporation.
(7) To approve a proposed Agreement and Plan of Reorganization between the
Trust and Money Market Obligations Trust, on behalf of its series, Trust
for U.S. Treasury Obligations (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.
January 21, 1999
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Federated Investors
Federated Securities Corp., Distributor
Federated Investors, Inc.
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, PA 15222-3779
www.federatedinvestors.com
Cusip 898334107
G02542-02 (1/99)
