FEDERATED SHORT-TERM U.S. GOVERNMENT TRUST
Supplement to Prospectus and Statement of Additional Information, as
appropriate, dated February 28, 1999
At the March 22, 1999 shareholder meeting, shareholders approved the following:
(1) Elected seven Trustees.
(2) Ratified the selection of the Trust's independent
auditors.
(3) Made non-fundamental the Trust's fundamental investment
policy regarding acquiring voting securities.
(4) Approved an amendment and restatement to the Trust's
Declaration of Trust to require the approval of a
"1940 Act" majority of shareholders in the event of
the sale and conveyance of the assets of the Trust to
another trust or corporation.
(5) Approved an Agreement and Plan of Reorganization
between the Trust and Money Market Obligations Trust,
on behalf of its series, Federated Short-Term U.S.
Government 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.
March 22, 1999
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Federated Investors
Federated Securities Corp., Distributor
Federated Investors, Inc.
Federated Investors Tower
1001 Liberty Avenue
Pittsburgh, PA 15222-3779
www.federatedinvestors.com
Cusip 313905101
G02546-03 (3/99)
