GOLDMAN SACHS MONEY MARKET FUNDS
GOLDMAN SACHS -- INSTITUTIONAL LIQUID ASSETS
GOLDMAN SACHS FINANCIAL SQUARE FUNDS
STATEMENT OF ADDITIONAL INFORMATION
ILA UNITS
ILA ADMINISTRATION UNITS
ILA SERVICE UNITS
ILA CLASS B UNITS
ILA CLASS C UNITS
CASH MANAGEMENT SHARES
FST SHARES
FST ADMINISTRATION SHARES
FST SERVICE SHARES
FST PREFERRED SHARES
Supplement dated October 6, 1999 to
Statement of Additional Information dated May 1, 1999
Effective as of the date of this supplement, the above referenced Statement of
Additional Information is revised to reflect that the Institutional Liquid
Assets Federal Portfolio and the Financial Square Federal Fund are not permitted
to invest in the securities of other investment companies. In addition, the
Institutional Liquid Assets Prime Obligations Portfolio and the Financial Square
Prime Obligations Fund are not permitted to invest in reverse repurchase
agreements.
