TAX-FREE OBLIGATIONS FUND
(A Portfolio of Money Market Obligations Trust)
Institutional Shares and Institutional Service Shares
Supplement to Statement of Additional Information dated November 30, 1994
1. Under the section entitled "Investing in Restricted Securities" on page
3, please delete the first paragraph and insert the following information:
"The Fund will not invest more than 10% of its total assets in
securities subject to restrictions on resale under federal securities
law, except for restricted securities determined to be liquid under
criteria established by the Trustees."
April 3, 1995
FEDERATED SECURITIES CORP.
Distributor
A subsidiary of Federated Investors
Federated Investors Tower
Pittsburgh, PA 15222-3779
60934N401
60934N880
G01028-01 (4/95)
