FEDERATED STOCK TRUST____________________________________________
Supplement to Prospectus dated December 31, 1998 (Reprinted January 29, 1999)
Effective October 1, 1999, Kevin R. McCloskey has been added as a Portfolio
Manager for this Fund. Accordingly, please add the following biographical
information under the section entitled "Who Manages the Fund?" on page 10.
"Kevin R. McCloskey
Kevin R. McCloskey was named a portfolio manager of the Fund in October 1999.
Mr. McCloskey joined Federated in 1999 as a Portfolio Manager and is a Vice
President of the Fund's Adviser. From September 1994 to July 1999, he served as
a portfolio manager, and from January 1994 to September 1994, he served as an
investment/quantitative analyst at Killian Asset Management Corporation. Mr.
McCloskey is a Chartered Financial Analyst. He earned his M.B.A. with
concentrations in investment management and quantitative methods from the
University of Dayton."
Michael P. Donnelly remains as Portfolio Manager of the Fund.
October 1, 1999
Federated Securities Corp., Distributor
Federated Investors, Inc.
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, PA 15222-3779
1-800-341-7400
Cusip 313900102
G 01406-8(10/99)
509625
