<PAGE>
NUVEEN
NUVEEN CALIFORNIA
INSURED UNIT TRUST 263 854
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.29 - 5.51% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.32 - 5.58% - Diversified Portfolios
DATE OF DEPOSIT: March 29, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $5,000,000 in 50,000 units
Average Life 28.3 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.09 to $97.13 depending on the purchase amount
Cusip 67064W 580 monthly payment plan
Numbers 67064W 598 quarterly payment plan
67064W 606 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in California
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2021-22 10.0%
2023-24 45.0%
2025 45.0%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 03/28/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 9.12%
Tax Equivalent Yield 5.29%
Treasury Bonds
Pre-Tax 7.41%
Tax Equivalent Yield 6.72%
Corporate Bonds
Yield 7.41%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 42.0% FEDERAL AND STATE INCOME TAX
RATE AND A 9.30% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 2/29/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS CALIFORNIA INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 750,000 State of California, Various Purpose General Obligation Refunding Bonds, 2006 at 101 AAA Aaa
5.625% Due 9/1/24.
750,000 State of California, Department of Water Resources, Central Valley Project, 2005 at 101 AAA Aaa
Water System Revenue Bonds, Series O, 4.75% Due 12/1/25. (Original issue
discount bonds delivered on or about December 20, 1995 at a price of
91.786% of principal amount.)
500,000 East Bay Municipal Utility District (Alameda and Contra Costa Counties, 2006 at 100 AAA Aaa
California), Wastewater System Subordinated Revenue/Refunding Bonds, Series
1996, 4.75% Due 6/1/21. (Original issue discount bonds delivered on or
about February 15, 1996 at a price of 91.468% of principal amount.)
750,000 La Quinta Redevelopment Agency (Riverside County, California), 2005 at 102 AAA Aaa
Redevelopment Project Areas No. 1 and 2, 1995 Housing Tax Allocation Bonds,
6.00% Due 9/1/25.
750,000 The City of Los Angeles, California, Wastewater System Revenue Bonds, 2004 at 102 AAA Aaa
Series 1994-A, 5.875% Due 6/1/24.
750,000 County of Madera, California, Certificates of Participation (Valley 2005 at 102 AAA Aaa
Children's Hospital Project), Series 1995, 6.125% Due 3/15/23.
750,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1996 (General 2006 at 101 AAA Aaa
Obligation Bonds.), 5.40% Due 7/1/25. 1/2
----------------------------------------------------------------------------------------------------------------
$ 5,000,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 03/28/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.06. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 100.09 4.90 % 5.29% 5.32% 5.32% 5.35% 5.34% 5.37 %
500 / $50,000 99.94 4.75 5.30 5.33 5.33 5.36 5.35 5.38
1,000 / $100,000 99.68 4.50 5.31 5.35 5.35 5.38 5.36 5.40
2,500 / $250,000 99.42 4.25 5.33 5.36 5.36 5.39 5.38 5.41
5,000 / $500,000 98.64 3.50 5.37 5.42 5.40 5.45 5.42 5.47
10,000 / $1,000,000 98.13 3.00 5.40 5.46 5.43 5.49 5.45 5.51
25,000 / $2,500,000 97.63 2.50 5.42 5.50 5.46 5.53 5.48 5.55
50,000 / $5,000,000 97.13 2.00 5.45 5.53 5.49 5.56 5.51 5.58
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by
UNIT TRUST tax bracket)
RETURN 34.5% 37.5% 42.0% 45.0%
<C> <S> <C> <C> <C> <C>
5.29 % 8.08% 8.46% 9.12% 9.62%
5.30 8.09 8.48 9.14 9.64
5.31 8.11 8.50 9.16 9.65
5.33 8.14 8.53 9.19 9.69
5.37 8.20 8.59 9.26 9.76
5.40 8.24 8.64 9.31 9.82
5.42 8.27 8.67 9.34 9.85
5.45 8.32 8.72 9.40 9.91
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
05/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 5/15/96 $ .4707
Monthly plan 6/15/96 .4413 $ 5.2962
Quarterly plan 8/15/96 1.3320
11/15/96 1.3320 5.3282
Semi-annual plan 11/15/96 2.6730
5/15/97 2.6730 5.3472
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.15 = 99.850
investment offering price # of units
(as of and accrued purchased
03/28/96) interest
99.850 X $5.2962 = $528.83
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN GEORGIA
INSURED UNIT TRUST 50 854
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.14 - 5.35% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.17 - 5.45% - Diversified Portfolios
DATE OF DEPOSIT: March 29, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 23.5 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.10 to $98.11 depending on the purchase amount
Cusip 67101M 793 monthly payment plan
Numbers 67101M 801 quarterly payment plan
67101M 819 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in Georgia
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2015-17 28.6%
2018-20 41.1%
2021-23 25.4%
2024+ 4.9%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 03/28/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.57%
Tax Equivalent Yield 5.14%
Treasury Bonds
Pre-Tax 7.41%
Tax Equivalent Yield 6.72%
Corporate Bonds
Yield 7.41%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 40.0% FEDERAL AND STATE INCOME TAX
RATE AND A 6% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL BUT
NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 2/29/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS GEORGIA INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 440,000 Municipal Electric Authority of Georgia, Power Revenue Bonds, Series Z, No Optional AAA Aaa
5.50% Due 1/1/20. Call
500,000 City of Atlanta, Georgia, Water and Sewerage Revenue Bonds, Series 1993, 2004 at 102 AAA Aaa
4.75% Due 1/1/23. (Original issue discount bonds delivered on or about
October 21, 1993 at a price of 92.426% of principal amount.)
500,000 Chatham County School District (Georgia), General Obligation Refunding 2004 at 101 AAA Aaa
School Bonds, Series 1995B, 5.50% Due 8/1/20.
500,000 Clayton County and Clayton County Water Authority (Georgia), Water and 2006 at 102 AAA Aaa
Sewerage Refunding Revenue Bonds, Series 1996, 5.65% Due 5/1/15. (When
issued.)
390,000 Fulton County School District (Georgia), General Obligation Bonds, Series 2004 at 102 AAA Aaa
1993, 5.625% Due 1/1/21.
500,000 Development Authority of Fulton County (Georgia), Revenue Bonds (Clark 2006 at 102 AAA Aaa
Atlanta University Project), Series 1995, 5.375% Due 1/1/20.
500,000 Paulding County, Georgia, Water and Sewerage Revenue Bonds, Series 1996, 2005 at 102 AAA Aaa
5.80% Due 12/1/16. (When issued.)
170,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1996 (General 2006 at 101 AAA Aaa
Obligation Bonds.), 5.40% Due 7/1/25. 1/2
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 8 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 03/28/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.05. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 101.10 4.90 % 5.14% 5.17% 5.18% 5.20% 5.20% 5.22 %
500 / $50,000 100.94 4.75 5.15 5.18 5.18 5.21 5.20 5.23
1,000 / $100,000 100.68 4.50 5.17 5.20 5.20 5.23 5.22 5.25
2,500 / $250,000 100.42 4.25 5.18 5.22 5.21 5.25 5.23 5.27
5,000 / $500,000 99.64 3.50 5.22 5.28 5.25 5.31 5.27 5.33
10,000 / $1,000,000 99.12 3.00 5.25 5.32 5.28 5.35 5.30 5.37
25,000 / $2,500,000 98.62 2.50 5.27 5.36 5.31 5.39 5.33 5.41
50,000 / $5,000,000 98.11 2.00 5.30 5.40 5.33 5.43 5.35 5.45
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by
UNIT TRUST tax bracket)
RETURN 32.5% 35.0% 40.0% 43.0%
<C> <S> <C> <C> <C> <C>
5.14 % 7.61% 7.91% 8.57% 9.02%
5.15 7.63 7.92 8.58 9.04
5.17 7.66 7.95 8.62 9.07
5.18 7.67 7.97 8.63 9.09
5.22 7.73 8.03 8.70 9.16
5.25 7.78 8.08 8.75 9.21
5.27 7.81 8.11 8.78 9.25
5.30 7.85 8.15 8.83 9.30
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
05/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 5/15/96 $ .4575
Monthly plan 6/15/96 .4332 $ 5.2016
Quarterly plan 8/15/96 1.3077
11/15/96 1.3077 5.2336
Semi-annual plan 11/15/96 2.6262
5/15/97 2.6262 5.2526
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.15 = 98.863
investment offering price # of units
(as of and accrued purchased
03/28/96) interest
98.863 X $5.2016 = $514.25
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NEW YORK
INSURED UNIT TRUST 248 854
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.31 - 5.52% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.34 - 5.63% - Diversified Portfolios
DATE OF DEPOSIT: March 29, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $4,000,000 in 40,000 units
Average Life 25.4 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.90 to $97.92 depending on the purchase amount
Cusip 67101K 730 monthly payment plan
Numbers 67101K 748 quarterly payment plan
67101K 755 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in New York
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2017-19 30.0%
2020-22 30.0%
2023+ 40.0%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 03/28/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.92%
Tax Equivalent Yield 5.31%
Treasury Bonds
Pre-Tax 7.24%
Tax Equivalent Yield 6.72%
Corporate Bonds
Yield 7.41%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 40.5% FEDERAL AND STATE INCOME TAX
RATE AND A 7.125% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 2/29/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS NEW YORK INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 600,000 Dormitory Authority of the State of New York, University of Rochester, 2004 at 102 AAA Aaa
Strong Memorial Hospital Revenue Bonds, Series 1994, 5.90% Due 7/1/17.
400,000 Dormitory Authority of the State of New York, State University Educational 2004 at 102 AAA Aaa
Facilities Revenue Bonds, Series 1993C, 5.40% Due 5/15/23.
600,000 Dormitory Authority of the State of New York, Revenue Bonds, Upstate 2004 at 102 AAA Aaa
Community Colleges, Series 1994A, 5.70% Due 7/1/21.
600,000 New York Local Government Assistance Corporation (A Public Benefit 2004 at 101 AAA Aaa
Corporation of the State of New York), Series 1994A Bonds, 5.50% Due 1/2
4/1/23.
600,000 New York State Medical Care Facilities Finance Agency, Mental Health 2004 at 102 AAA Aaa
Services Facilities Improvement Revenue Bonds, 1993 Series F Refunding,
5.25% Due 2/15/19. (Original issue discount bonds delivered on or about
January 5, 1994 at a price of 93.77% of principal amount.)(General
Obligation Bonds.)
600,000 County of Broome, New York, Certificates of Participation (Public Safety 2004 at 102 AAA Aaa
Facility), Series 1994, 5.25% Due 4/1/22.
600,000 The City of New York (New York), General Obligation Bonds, Fiscal 1996 2006 at 101 AAA Aaa
Series F, 6.125% Due 2/1/25. 1/2
----------------------------------------------------------------------------------------------------------------
$ 4,000,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 03/28/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.06. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 100.90 4.90 % 5.31% 5.34% 5.34% 5.38% 5.36% 5.40 %
500 / $50,000 100.75 4.75 5.32 5.35 5.35 5.39 5.37 5.41
1,000 / $100,000 100.48 4.50 5.33 5.37 5.36 5.41 5.38 5.43
2,500 / $250,000 100.22 4.25 5.35 5.39 5.38 5.43 5.40 5.45
5,000 / $500,000 99.44 3.50 5.39 5.45 5.42 5.49 5.44 5.51
10,000 / $1,000,000 98.93 3.00 5.42 5.49 5.45 5.53 5.47 5.55
25,000 / $2,500,000 98.42 2.50 5.44 5.53 5.48 5.57 5.50 5.59
50,000 / $5,000,000 97.92 2.00 5.47 5.56 5.51 5.60 5.52 5.63
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by
UNIT TRUST tax bracket)
RETURN 33.0% 36.0% 40.5% 44.0%
<C> <S> <C> <C> <C> <C>
5.31 % 7.93% 8.30% 8.92% 9.48%
5.32 7.94 8.31 8.94 9.50
5.33 7.96 8.33 8.96 9.52
5.35 7.99 8.36 8.99 9.55
5.39 8.04 8.42 9.06 9.63
5.42 8.09 8.47 9.11 9.68
5.44 8.12 8.50 9.14 9.71
5.47 8.16 8.55 9.19 9.77
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
05/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 5/15/96 $ .4761
Monthly plan 6/15/96 .4464 $ 5.3587
Quarterly plan 8/15/96 1.3473
11/15/96 1.3473 5.3907
Semi-annual plan 11/15/96 2.7036
5/15/97 2.7036 5.4097
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.96 = 99.049
investment offering price # of units
(as of and accrued purchased
03/28/96) interest
99.049 X $5.3587 = $530.77
# of units annual income annual income
purchased per unit
(monthly plan)
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