FEDERATED STOCK TRUST
SUPPLEMENT TO PROSPECTUS DATED DECEMBER 31, 1995
A. Effective June 21, 1996, Scott Schermerhorn assumed the portfolio
management of Federated Stock Trust. Therefore, please add the following
biography of Mr. Schermerhorn as the third paragraph under the sub-section
entitled "Adviser's Background" which begins on page 6 of the prospectus
and continues on page 7.
"Scott B. Schermerhorn has been the Trust's portfolio manager since
June 1996. Mr. Schermerhorn joined Federated Investors in 1996 as a Vice
President of the Trust's investment adviser. From 1990 through 1996, Mr.
Schermerhorn was a Senior Vice President and Senior Investment Officer at J
W Seligman & Co., Inc. Mr. Schermerhorn received his M.B.A. in Finance and
International Business from Seton Hall University."
B. Effective July 15, 1996, Timothy E. Keefe is no longer associated with
Federated Stock Trust. Therefore, please delete the biography of Mr. Keefe
which is found on page 7 of the prospectus under the sub-section entitled
"Adviser's Background."
C. Peter R. Anderson has been a portfolio manager for the Trust since 1982
and will continue in that capacity.
July 19, 1996
FEDERATED INVESTORS
Federated Investors Tower
Pittsburgh, PA 15222-3779
Federated Securities Corp. is the distributor of the Fund
and is a subsidiary of Federated Investors.
Cusip 313900102
G01406-02 (7/96)
