Evergreen Select Money Market Trust · 497 · On 4/7/98

Filed On 4/7/98   ·   SEC File 333-37227   ·   Accession Number 907244-98-95

Definitive Material   ·   Rule 497
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 497         Evergreen Select Money Market Trust                    1      4K 

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SUPPLEMENT TO THE PROSPECTUSES
OF
EVERGREEN SELECT MONEY MARKET FUND
EVERGREEN SELECT TREASURY MONEY MARKET FUND 
 (THE "FUNDS")

For Evergreen Select Money Market Fund and Evergreen Select Treasury Money      
Market Fund:                                                                    

         Effective  March  4,  1998,  the  section  of each of the  prospectuses
entitled  Additional  Purchase  Information  under  "PURCHASE AND  REDEMPTION OF
SHARES - HOW TO BUY SHARES" is  supplemented  to read as follows with respect to
purchases of shares of the Funds:                                               

         Shares  purchased via telephone  will receive the dividend  declared on
that day if the  telephone  order is placed by 3:00 p.m.  for  Evergreen  Select
Money Market Fund, and by 3:30 p.m. for Evergreen  Select  Treasury Money Market
Fund, and federal funds are received the same day by 4:00 p.m. (Eastern time).  

April 7, 1998                                                                   

Dates Referenced Herein   and   Documents Incorporated By Reference

This 497 Filing		Date		Other Filings
		3/4/98
Filed On / Filed As Of		4/7/98
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