% Crop Marks
.5 setlinewidth
/markl 9 def
/whitel 4 def
/top 72 def
/bottom 122 def
/left 45 def
/right 45 def
%horizontals
left markl sub whitel sub wp$y wp$top sub moveto markl 0 rlineto
wp$x right sub left sub whitel 2 mul add 0 rmoveto markl 0
rlineto
left markl sub whitel sub bottom moveto markl 0 rlineto
wp$x right sub left sub whitel 2 mul add 0 rmoveto markl 0
rlineto
%verticals
left bottom markl sub whitel sub moveto 0 markl rlineto
0 wp$y wp$top sub bottom sub whitel 2 mul add rmoveto 0 markl
rlineto
wp$x right sub bottom markl sub whitel sub moveto 0 markl
rlineto
0 wp$y wp$top sub bottom sub whitel 2 mul add rmoveto 0 markl
rlineto
stroke
FEDERATED INCOME TRUST
Institutional Shares
Supplement to Prospectus dated March 31, 1994
Please delete the second paragraph of the section entitled "General
Information" on page 3 of the prospectus and replace it with the following:
"Institutional Shares ("Shares") are sold primarily to
accounts for which financial institutions act in a
fiduciary or agency capacity, or other accounts where
the financial institution maintains master accounts
with an aggregate investment of at least $400 million
in certain funds which are advised or distributed by
affiliates of Federated Investors. Shares are also
made available to financial intermediaries, public,
and private organizations. An investment in the fund
serves as a convenient means of accumulating an interest in a pro
fessionally managed, diversified portfolio of U.S. government securities.
A minimum initial investment of $25,000 over a 90-day period is required."
September 22, 1994
FEDERATED SECURITIES CORP.
Distributor
A subsidiary of Federated
Investors
Federated Investors Tower
Pittsburgh, PA 15222-3779
314199100
G00621-01-A (9/94)