FEDERATED GOVERNMENT INCOME SECURITIES, INC.
Class A Shares
SUPPLEMENT TO PROSPECTUS DATED APRIL 30, 1997
Effective August 1, 1997, the program allowing an exemption from the
front-end sales charge for purchases of Class A Shares of the Fund
with proceeds from redemptions of unaffiliated investment companies
(the "NAV Exchange Program") will be discontinued. Please delete all
references to the NAV Exchange Program where they appear in the Fund's
prospectus. Of course, other exemptions from the sales charge may
apply. See the section entitled "Reducing or Eliminating the Sales
Charge."
July 30, 1997
[GRAPHIC OMITTED]
Cusip 313912206
G00772-07 (7/97)