FEDERATED STOCK TRUST
SUPPLEMENT TO PROSPECTUS DATED DECEMBER 31, 1996
On page 6 of the prospectus under the section entitled "Adviser's
Background" please delete the biography of Peter R. Anderson in its
entirety and insert the following as the fourth paragraph:
"Michael P. Donnelly will be a portfolio manager of the Trust
effective November 1997. Mr. Donnelly joined Federated in 1989 as
an Investment Analyst and has been a Vice President of the
Trust's adviser since 1994. He served as an Assistant Vice
President of the Trust's adviser from 1992 to 1994. Mr. Donnelly
is a Chartered Financial Analyst and received his M.B.A. from the
University of Virginia."
Scott B. Schermerhorn remains as a portfolio manager of the Trust.
October 24, 1997
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Cusip 313900102
G01406-04 (10/97)
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