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Dreyfus Institutional Short Term Treasury Fund Supplement dated February 1, 1999 to the Statement of Additional Information dated February 1, 1999 The following replaces the third sentence of the fourth full paragraph of the section of the Fund's Statement of Additional Information entitled: "Management Agreement." As of January 28, 1999, each Fund's portfolio managers are: Messrs. Michael Hoeh, Roger King, John Koerber, C. Matthew Olson, and Gerald Thunelius.
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