FEDERATED INTERMEDIATE GOVERNMENT TRUST
Institutional Shares and Institutional Service Shares
Supplement to Prospectuses dated March 31, 1994
Please be advised that Roger A. Early resigned from his position
as a co-portfolio manager of Federated Intermediate Government
Trust on July 15, 1994. Accordingly, please delete the last
paragraph, referring to Mr. Early, under the subsection entitled
"Adviser's Background" on page 5 of the Prospectuses. In
addition, please note that Susan M. Nason remains as the Fund's
portfolio manager.
October 31, 1994
FEDERATED SECURITIES CORP.
Distributor
A subsidiary of Federated Investors
Federated Investors Tower
Pittsburgh, PA 15222-3779
CMR410067
314200106
314200205
006636 (10/94)