TRUST FOR SHORT-TERM U.S. GOVERNMENT SECURITIES
Supplement to Prospectus and Statement of Additional Information, as
appropriate, dated January 31, 1999
At the March 22, 1999 shareholder meeting, shareholders approved the following:
(1) Elected nine Trustees.
(2) Ratified the selection of the Trust's independent
auditors.
(3) Made changes to the Trust's fundamental investment
policies:
(a) Made non-fundamental, and amended, the Trust's
fundamental investment policy regarding maturity
of money market instruments; and
(b) Amended the Trust's fundamental investment
policy regarding pledging securities to permit
the Trust to pledge assets to secure permitted
borrowings.
(4) Approved a clarifying amendment to the Trust's
Investment Advisory Agreement to exclude Rule 12b-1
fees and shareholder service fees from the expense
cap.
(5) 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.
(6) Approved an Agreement and Plan of Reorganization
between the Trust and Money Market Obligations Trust,
on behalf of its series, Trust for Short-Term U.S.
Government Securities (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 898331103
G02545-03 (3/99)
