UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 --------------- Date of Report (Date of earliest event reported) : May 15, 2006 GOVERNMENT TRUST 2-F (Exact name of registrant as specified in its charter) Illinois 33-25441 36-6915817 - ------------------------- ----------- ------------------- (State or Other Jurisdiction (Commission (IRS Employer of Incorporation ) File Number) Identification No.) JP Morgan Trust Company, N.A. (formerly Bank One Trust Company, N.A.), Trustee 227 West Monroe St., Suite 2600, Chicago, Illinois 60606 - ------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (312) 267-5071 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events. Attached hereto as Exhibit 99.1 are copies of the reports to holders of Government Trust Certificates Class 2-F, dated May 15, 2006. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GOVERNMENT TRUST CERTIFICATES By: JPMorgan Trust Company, N.A. (formerly Bank One Trust Company, N.A.) Not in its individual capacity but solely as Trustee on behalf of the Trust 2-F. By: /s/ Vanessa F. Williams ------------------------------------ Vanessa F. Williams Trust Officer Date: May 17, 2006 <page> Exhibit 99.1 REPORTS TO HOLDERS OF GOVERNMENT TRUST JPMorgan Trust Company, N.A. Institutional Trust Services 227 West Monroe Street Suite 2600 Chicago, IL 60606 1-800-524-9472 May 15, 2006 To The Holders of Government Trust Certificates Zero Coupon Class 2-F In accordance with Section 4.1 of the Declaration of Trust ("Trust"), JP Morgan Trust Company formerly (Bank One Trust Company, N.A.), as Trustee and not in its individual capacity ("Trustee"), hereby provides the holders of the above-mentioned certificates this Semi-annual Report relating to the May 15, 2006 Certificate Payment Date. Any capitalized terms used herein shall have the meaning assigned to them in the Trust. 1. The aggregate dollar amount distributed to holders of Class 2-F Certificates: $102,858,568.68. 2. The Principal Balance of the Class 2-F Note after the May 3, 2006 Note Payment Date: $471,828,000.00. 3. The Deficient amount of the Note Payment: $-0- Neither a delinquency in payment under any of the Notes nor an Event of Default has occurred and is continuing. I, Vanessa F. Williams, a Responsible Officer of the Trustee, to the best of my knowledge and belief, certify that this Semi-annual Report is complete and accurate. /s/ Vanessa Williams --------------------------------- Vanessa Williams Trust Officer For JP Morgan Trust Company, NA (formerly Bank One Trust Company), as Trustee and not in its individual capacity.