MONEY MARKET TRUST
SUPPLEMENT TO PROSPECTUS DATED SEPTEMBER 30, 1999
At a special meeting of shareholders to be held on November 17, 1999,
shareholders of the above-named Trust will be asked to vote on the
changes described below. If approved by shareholders, these changes
will take effect on or after December 1, 1999. Shareholders will be
notified if any of these changes are not approved at the special
meeting or any adjournment thereof. Please keep this supplement for
your records.
Shareholders will be asked to consider the following proposals:
(1) To elect four Trustees.
(2) To approve amendments to, and a restatement of, the
Trust's Declaration of Trust:
(a) To require the approval of a majority of the
outstanding voting shares in the event of the sale
and conveyance of the assets of the Trust to
another trust or corporation; and
(b) To permit the Board of Trustees to liquidate assets
of the Trust, its series or classes, and distribute
the proceeds of such assets to the holders of such
shares representing such interests, without seeking
shareholder approval.
(3) To approve a proposed Agreement and Plan of Reorganization
between the Trust and Money Market Obligations Trust, on
behalf of its series, Money Market Trust (the "New Fund"),
whereby the New Fund would acquire all of the assets of
the Trust in exchange for shares of the New Fund to be
distributed PRO RATA by the Trust to its shareholders in
complete liquidation and termination of the Trust.
To transact such other business as may properly come
before the special meeting of shareholders or any adjournment thereof.
October 15, 1999
Federated Investors
Federated Securities Corp., Distributor
Federated Investors, Inc.
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, PA 15222-3779
Cusip 609900105
G02724-02
