May 28, 1996
DREYFUS TREASURY PRIME CASH MANAGEMENT
SUPPLEMENT TO PROSPECTUS
DATED JULY 3, 1995
AS REVISED OCTOBER 4, 1995
THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "HOW TO BUY FUND
SHARES":
The Fund's net asset value per share is determined as of 5:00 p.m.,
New York time/2:00 p.m., California time, on each day the New York Stock
Exchange is open for business.
A telephone order placed in New York will become effective at the
price determined at 5:00 p.m., New York time, and the shares purchased will
receive the dividend on Fund shares declared on that day if such order is
placed by 5:00 p.m., New York time, and Federal Funds are received by the
Custodian by 6:00 p.m., New York time, on that day. A telephone order placed
in California will become effective at the price determined at 2:00 p.m.,
California time, and the shares purchased will receive the dividend on Fund
shares declared on that day if such order is placed by 12:00 Noon, California
time, and Federal Funds are received by the Sub-custodian by 3:00 p.m.,
California time, on that day.
THE FOLLOWING INFORMATION SUPERSEDES ANY CONTRARY INFORMATION
CONTAINED IN THE SECTION OF THE FUND'S PROSPECTUS ENTITLED "HOW TO REDEEM
FUND SHARES":
If a request for redemption is received in proper form in New York by
5:00 p.m., New York time, or in Los Angeles by 2:00 p.m., California time,
the proceeds of the redemption, if transfer by wire is requested, ordinarily
will be transmitted in Federal Funds on the same day and the shares will not
receive the dividend declared on that day.
761/674s052896
May 28, 1996
DREYFUS TREASURY PRIME CASH MANAGEMENT
Supplement to Statement of Additional Information
Dated July 3, 1995
The following information supplements or replaces the information
contained in the following indicated section of the Fund's Statement of
Additional Information:
REDEMPTION OF FUND SHARES
Ordinarily, the Fund will initiate payment for shares redeemed
pursuant to this procedure on the same business day if Dreyfus
Institutional Services Division receives the redemption request in proper
form at its New York Office by 5:00 p.m., New York time, or at its Los
Angeles office by 2:00 p.m., California time, on such day; otherwise the
Fund will initiate payment on the next business day.
