Exhibit (a) (ii) under Form N-1A
                                            Exhibit 3(i) under Item 601/Reg. S-K

                          INTERMEDIATE MUNICIPAL TRUST

                                Amendment No. 12
                                     to the
                               Amended & Restated
                              DECLARATION OF TRUST

                               Dated April 2, 1999


     THIS Declaration of Trust is amended as follows:

     Strike the first paragraph of Section 5 of Article III from the Declaration
of Trust and substitute in its place the following:

     Section  5.  Establishment  and  Designation  of Series  or Class.  Without
     limiting the authority of the Trustees set forth in Article XII, Section 8,
     inter alia, to establish and designate any additional Series or Class or to
     modify the rights and  preferences  of any  existing  Series or Class,  the
     Series  and  Classes  of the  Trust  shall  be,  and  are  established  and
     designated as:

                     Federated Intermediate Municipal Trust
                              Institutional Shares
                                 Class Y Shares.

     The undersigned  hereby certify that the  above-stated  Amendment is a true
and correct  Amendment to the  Declaration of Trust,  as adopted by the Board of
Trustees at a meeting on the 22nd day of August,  2003,  to become  effective on
September 30, 2003.

     WITNESS the due execution hereof this 22nd day of August, 2003.


               /s/ John F. Donahue /s/ Lawrence D. Ellis, M.D.
                   John F. Donahue Lawrence D. Ellis, M.D.


               /s/ Thomas G. Bigley /s/ Peter E. Madden
                   Thomas G. Bigley Peter E. Madden


               /s/ John T. Conroy, Jr. /s/ Charles F. Mansfield, Jr.
                   John T. Conroy, Jr. Charles F. Mansfield, Jr.


               /s/ Nicholas P. Constantakis /s/ John E. Murray, Jr.
                   Nicholas P. Constantakis John E. Murray, Jr.


               /s/ John F. Cunningham /s/ Marjorie P. Smuts
                   John F. Cunningham Marjorie P. Smuts


               /s/ J. Christopher Donahue /s/ John S. Walsh
                   J. Christopher Donahue John S. Walsh