TRUST FOR U.S. TREASURY OBLIGATIONS
SUPPLEMENT TO PROSPECTUS DATED NOVEMBER 30, 1998
At a meeting to be held on March 29, 1999, shareholders of the Fund 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)
