EX-99.AUDIT CONSENT 5 auditconsent.txt Exhibit (j) under Form N-1A Exhibit 23 under Item 601/ Reg. S-K Consent of Ernst & Young LLP, Independent Auditors We consent to the references to our firm under the caption "Financial Highlights" in the Galaxy-BKB Shares Prospectus for Massachusetts Municipal Cash Trust and "Independent Auditors" in the Galaxy-BKB Shares Statement of Additional Information for Massachusetts Municipal Cash Trust in Post-Effective Amendment Number 66 to the Registration Statement (Form N-1A, No. 33-31602) of Money Market Obligations Trust, and to the incorporation by reference therein of our report dated December 10, 2003 on the financial statements and financial highlights of Massachusetts Municipal Cash Trust-Galaxy-BKB Shares included in the Annual Report to Shareholders for the fiscal year ended October 31, 2003. ERNST & YOUNG LLP Boston, Massachusetts February 23, 2004