Dreyfus Cash Management Funds Daily Values as of Jan 1, 2012.

Princeton, N.J., December 30 (Bloomberg) -- The following are the closing values for the Dreyfus Cash Management Funds as of Jan 1, 2012.

Name of the Fund Daily Weekly Maturity Assets Cusip # Yield% Yield% <days> <000’s> ________________________________________________________________ ____ _____________________INSTITUTIONAL SHARES___________________________ 0288 Dreyfus Cash Management, Institutional Shares

26188J-20-6 0.05 0.05 22 22,829,839

(MILLRATE: .000002740)

0289 Dreyfus Government Cash Management, Institutional Shares

262006-20-8 0.00 0.00 48 20,540,941

(MILLRATE: .000000002)

0227 Dreyfus Government Prime Cash Management, Institutional Shares

262006-88-5 0.00 0.00 46 3,982,234

(MILLRATE: .000000002)

0521 Dreyfus Treasury & Agency Cash Management, Institutional Shares

261908-10-7 0.01 0.01 50 15,080,640

(MILLRATE: .000000548)

0761 Dreyfus Treasury Prime Cash Management, Institutional Shares

261941-10-8 0.00 0.00 53 18,755,950

(MILLRATE: .000000002)

0132 Dreyfus Municipal Cash Management Plus, Institutional Shares

261950-10-9 0.00 0.00 24 334,002

(MILLRATE: .000000002)

0264 Dreyfus Tax Exempt Cash Management Funds

26202K-20-5 0.00 0.00 27 2,091,126

(MILLRATE: .000000002)

0287 Dreyfus New York Municipal Cash Management, Institutional Shares

261954-10-1 0.00 0.00 25 289,799

(MILLRATE: .000000002)

0099 Dreyfus Institutional Cash Advantage Fund, Institutional Advantage Shares

26200V-10-4 0.05 0.06 29 18,196,618

(MILLRATE: .000002618)

6188 Dreyfus California AMT-Free Municipal Cash Management, Institutional Shares

26202K-70-0 0.00 0.00 22 176,985

(MILLRATE: .000000002)

________________________INVESTOR SHARES_____________________________ 0670 Dreyfus Cash Management, Investor Shares

26188J-30-5 0.00 0.00 22 3,042,384

(MILLRATE: .000000002)

0672 Dreyfus Government Cash Management, Investor Shares

262006-30-7 0.00 0.00 48 1,568,429

(MILLRATE: .000000002)

0610 Dreyfus Government Prime Cash Management, Investor Shares

262006-70-3 0.00 0.00 46 616,641

(MILLRATE: .000000002)

0673 Dreyfus Treasury & Agency Cash Management, Investor Shares

261908-20-6 0.01 0.01 50 2,282,670

(MILLRATE: .000000548)

0674 Dreyfus Treasury Prime Cash Management, Investor Shares

261941-20-7 0.00 0.00 53 4,426,359

(MILLRATE: .000000002)

0676 Dreyfus Municipal Cash Management Plus, Investor Shares

261950-20-8 0.00 0.00 24 271,297

(MILLRATE: .000000002)

0675 Dreyfus Tax Exempt Cash Management Funds

26202K-30-4 0.00 0.00 27 378,563

(MILLRATE: .000000002)

0677 Dreyfus New York Municipal Cash Management, Investor Shares

261954-20-0 0.00 0.00 25 221,107

(MILLRATE: .000000002)

0100 Dreyfus Institutional Cash Advantage Fund, Investor Advantage Shares

26200V-30-2 0.00 0.00 29 12,178

(MILLRATE: .000000002)

6189 Dreyfus California AMT-Free Municipal Cash Management, Investor Shares

26202K-80-9 0.00 0.00 22 224,477

(MILLRATE: .000000002)

_____________________ADMINISTRATIVE SHARES__________________________ 0566 Dreyfus Cash Management, Administrative Shares

26188J-40-4 0.00 0.00 22 990,370

(MILLRATE: .000000002)

0567 Dreyfus Government Cash Management, Administrative Shares

262006-40-6 0.00 0.00 48 1,096,517

(MILLRATE: .000000002)

0557 Dreyfus Government Prime Cash Management, Administrative Shares

262006-80-2 0.00 0.00 46 597,930

(MILLRATE: .000000002)

0568 Dreyfus Treasury & Agency Cash Management, Administrative Shares

261908-30-5 0.01 0.01 50 612,226

(MILLRATE: .000000548)

0582 Dreyfus Treasury Prime Cash Management, Administrative Shares

261941-30-6 0.00 0.00 53 583,102

(MILLRATE: .000000002)

0584 Dreyfus Municipal Cash Management Plus, Administrative Shares

261950-30-7 0.00 0.00 24 216,425

(MILLRATE: .000000002)

0583 Dreyfus Tax Exempt Cash Management Funds

26202K-40-3 0.00 0.00 27 73,023

(MILLRATE: .000000002)

0585 Dreyfus New York Municipal Cash Management, Administrative Shares

261954-30-9 0.00 0.00 25 20,470

(MILLRATE: .000000002)

0093 Dreyfus Institutional Cash Advantage Fund, Administrative Advantage Shares

26200V-20-3 0.00 0.00 29 738,394

(MILLRATE: .000000002)

6187 Dreyfus California AMT-Free Municipal Cash Management, Administrative Sh

26202K-88-2 0.00 0.00 22 2,153

(MILLRATE: .000000002)

_______________________SERVICE SHARES___________________________ 6183 Dreyfus Treasury & Agency Cash Management, Service Shares

261908-50-3 0.01 0.01 50 32,715

(MILLRATE: .000000548)

_______________________SELECT SHARES___________________________ 6184 Dreyfus Treasury & Agency Cash Management, Select Shares

261908-60-2 0.01 0.01 50 23,368

(MILLRATE: .000000548)

_______________________PARTICIPANT SHARES___________________________ 0596 Dreyfus Cash Management, Participant Shares

26188J-50-3 0.00 0.00 22 860,869

(MILLRATE: .000000002)

0597 Dreyfus Government Cash Management, Participant Shares

262006-50-5 0.00 0.00 48 263,427

(MILLRATE: .000000002)

0587 Dreyfus Government Prime Cash Management, Participant Shares

262006-60-4 0.00 0.00 46 226,546

(MILLRATE: .000000002)

0598 Dreyfus Treasury & Agency Cash Management, Participant Shares

261908-40-4 0.01 0.01 50 819,282

(MILLRATE: .000000548)

0592 Dreyfus Treasury Prime Cash Management, Participant Shares

261941-40-5 0.00 0.00 53 3,160,437

(MILLRATE: .000000002)

0594 Dreyfus Municipal Cash Management Plus, Participant Shares

261950-40-6 0.00 0.00 24 23,532

(MILLRATE: .000000002)

0593 Dreyfus Tax Exempt Cash Management Funds

26202K-50-2 0.00 0.00 27 15,656

(MILLRATE: .000000002)

0595 Dreyfus New York Municipal Cash Management, Participant Shares

261954-40-8 0.00 0.00 25 6,161

(MILLRATE: .000000002)

0094 Dreyfus Institutional Cash Advantage Fund, Participant Advantage Shares

26200V-40-1 0.00 0.00 29 223,854

(MILLRATE: .000000002)

6190 Dreyfus California AMT-Free Municipal Cash Management, Participant Shares

26202K-60-1 0.00 0.00 22 35,155

(MILLRATE: .000000002)

FOR FURTHER INFORMATION ON DREYFUS CASH MANAGEMENT FUNDS AND THE DREYFUS ELECTRONIC TRADING SYSTEM TYPE DREY AND HIT GO BUTTON. TO SPEAK TO A DREYFUS INSTITUTIONAL CLIENT ADMINISTRATOR, PLEASE CALL (800)346-3621 OR (718)895-1650.

Anibal Arrascue in the Bloomberg Princeton office. (609)279-5084

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