FEDERATED INCOME TRUST
INSTITUTIONAL SHARES
INSTITUTIONAL SERVICE SHARES
Supplement to Prospectuses dated March 31, 1995
Please delete the biography of James D. Roberge under the sub-
heading Advisers Background and replace it with the
following:
Edward J. Tiedge has been the Trusts portfolio
manager since October 1995. Mr. Tiedge joined
Federated Investors in 1993 as an Investment Analyst
and has been an Assistant Vice President of the
Trusts investment adviser since 1995. Mr. Tiedge
served as Director of Investments at Duquesne Light
Company from 1990 to 1993. Mr. Tiedge is a Chartered
Financial Analyst and received his M.S. in Industrial
Administration from Carnegie Mellon University.
Kathleen M. Foody-Malus has been a portfolio manager for the
Trust since April 1990 and will continue in that capacity.
September 30, 1995
FEDERATED SECURITIES CORP.
Distributor
A subsidiary of Federated
Investors
Federated Investors Tower
Pittsburgh, PA 15222-3779
CUSIP 314199100
CUSIP 314199209
G00621-02 (9/95)