EX-99.77B ACCT LTTR

Report of Independent Registered Public
Accounting Firm

To the Shareholders and Board of Directors
of
The Money Market Obligations Trust
In planning and performing our audits of the
financial statements of Automated
Government Cash Reserves and U.S.
Treasury Cash Reserves (collectively, the
?Funds?) (two of the portfolios constituting
Money Market Obligations Trust) as of and
for the year ended April 30, 2009, in
accordance with the standards of the Public
Company Accounting Oversight Board
(United States), we considered the Funds?
internal control over financial reporting,
including controls over safeguarding
securities, as a basis for designing our
auditing procedures for the purpose of
expressing our opinion on the financial
statements and to comply with the
requirements of Form N-SAR, but not for
the purpose of expressing an opinion on the
effectiveness of the Funds? internal control
over financial reporting. Accordingly, we
express no such opinion.
The management of the Funds is responsible
for establishing and maintaining effective
internal control over financial reporting. In
fulfilling this responsibility, estimates and
judgments by management are required to
assess the expected benefits and related
costs of controls. The Funds? internal
control over financial reporting is a process
designed to provide reasonable assurance
regarding the reliability of financial
reporting and the preparation of financial
statements for external purposes in
accordance with generally accepted
accounting principles. A company?s internal
control over financial reporting includes
those policies and procedures that (1) pertain
to the maintenance of records that, in
reasonable detail, accurately and fairly
reflect the transactions and dispositions of
the assets of the company; (2) provide
reasonable assurance that transactions are
recorded as necessary to permit preparation
of financial statements in accordance with
generally accepted accounting principles,
and that receipts and expenditures of the
company are being made only in accordance
with authorizations of management and
directors of the company; and (3) provide
reasonable assurance regarding prevention
or timely detection of unauthorized
acquisition, use or disposition of a
company?s assets that could have a material
effect on the financial statements.
Because of its inherent limitations, internal
control over financial reporting may not
prevent or detect misstatements. Also,
projections of any evaluation of
effectiveness to future periods are subject to
the risk that controls may become
inadequate because of changes in conditions,
or that the degree of compliance with the
policies or procedures may deteriorate.
A deficiency in internal control over
financial reporting exists when the design or
operation of a control does not allow
management or employees, in the normal
course of performing their assigned
functions, to prevent or detect misstatements
on a timely basis. A material weakness is a
deficiency, or a combination of deficiencies,
in internal control over financial reporting,
such that there is a reasonable possibility
that a material misstatement of the Funds?
annual or interim financial statements will
not be prevented or detected on a timely
basis.
Our consideration of the Funds? internal
control over financial reporting was for the
limited purpose described in the first
paragraph and would not necessarily
disclose all deficiencies in internal control
that might be material weaknesses under
standards established by the Public Fund
Accounting Oversight Board (United
States). However, we noted no deficiencies
in the Funds? internal control over financial
reporting and its operation, including
controls over safeguarding securities, that
we consider to be a material weakness as
defined above as of April 30, 2009.
This report is intended solely for the
information and use of management and the
Board of Trustees of the Funds and the
Securities and Exchange Commission and is
not intended to be and should not be used by
anyone other than these specified parties.




			/s/ Ernst & Young
LLP



Boston, Massachusetts
June 12, 2009

EX-99.77E LEGAL

SUB-ITEM 77E:  LEGAL PROCEEDINGS

Since October 2003, Federated and related entities (collectively,
"Federated"), and various Federated funds ("Funds"), have been
named as defendants in several class action lawsuits now pending
in the United States District Court for the District of Maryland. The
lawsuits were purportedly filed on behalf of people who purchased,
owned and/or redeemed shares of Federated-sponsored mutual funds
during specified periods beginning November 1, 1998. The suits are
generally similar in alleging that Federated engaged in illegal and
improper trading practices including market timing and late trading
in concert with certain institutional traders, which allegedly caused
financial injury to the mutual fund shareholders. These lawsuits
began to be filed shortly after Federated?s first public announcement
that it had received requests for information on shareholder trading
activities in the Funds from the SEC, the Office of the New York
State Attorney General ("NYAG"), and other authorities. In that
regard, on November 28, 2005, Federated announced that it had
reached final settlements with the SEC and the NYAG with respect
to those matters. Specifically, the SEC and NYAG settled
proceedings against three Federated subsidiaries involving
undisclosed market timing arrangements and late trading. The SEC
made findings: that Federated Investment Management Company
(?FIMC?), an SEC-registered investment adviser to various Funds,
and Federated Securities Corp., an SEC-registered broker-dealer and
distributor for the Funds, violated provisions of the Investment
Advisers Act and Investment Company Act by approving, but not
disclosing, three market timing arrangements, or the associated
conflict of interest between FIMC and the funds involved in the
arrangements, either to other fund shareholders or to the funds?
board; and that Federated Shareholder Services Company, formerly
an SEC-registered transfer agent, failed to prevent a customer and
a Federated employee from late trading in violation of provisions of
the Investment Company Act. The NYAG found that such conduct
violated provisions of New York State law. Federated entered into
the settlements without admitting or denying the regulators? findings.
As Federated previously reported in 2004, it has already paid
approximately $8.0 million to certain funds as determined by an
independent consultant. As part of these settlements, Federated
agreed to pay disgorgement and a civil money penalty in the
aggregate amount of an additional $72 million and, among other
things, agreed that it would not serve as investment adviser to any
registered investment company unless (i) at least 75% of the fund?s
directors are independent of Federated, (ii) the chairman of each
such fund is independent of Federated, (iii) no action may be
taken by the fund?s board or any committee thereof unless
approved by a majority of the independent trustees of the fund or
committee, respectively, and (iv) the fund appoints a ?senior officer?
who reports to the independent trustees and is responsible for
monitoring compliance by the fund with applicable laws and
fiduciary duties and for managing the process by which
management fees charged to a fund are approved. The settlements
are described in Federated?s announcement which, along with
previous press releases and related communications on those
matters, is available in the "About Us" section of Federated?s
website at FederatedInvestors.com.
Federated entities have also been named as defendants in several
additional lawsuits that are now pending in the United States
District Court for the Western District of Pennsylvania, alleging,
among other things, excessive advisory and Rule 12b-1 fees.
The Board of the Funds retained the law firm of Dickstein Shapiro
LLP to represent the Funds in each of the lawsuits described in
the preceding two paragraphs. Federated and the Funds, and their
respective counsel, have been defending this litigation, and none of
the Funds remains a defendant in any of the lawsuits (though
some could potentially receive any recoveries as nominal
defendants). Additional lawsuits based upon similar allegations may
be filed in the future. The potential impact of these lawsuits, all of
which seek unquantified damages, attorneys? fees, and expenses,
and future potential similar suits is uncertain. Although we do not
believe that these lawsuits will have a material adverse effect on
the Funds, there can be no assurance that these suits, ongoing
adverse publicity and/or other developments resulting from the
regulatory investigations will not result in increased Fund
redemptions, reduced sales of Fund shares, or other adverse
consequences for the Funds.