<PAGE>
NUVEEN
NUVEEN MARYLAND
TRADITIONAL UNIT TRUST 314 857
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.31 - 5.53% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.36 - 5.63% - Dependable Income
DATE OF DEPOSIT: April 16, 1996 - Diversified Portfolios
- Investment Grade 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 26.9 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.44 to $97.47 depending on the purchase amount
Cusip 67102E 345 monthly payment plan
Numbers 67102E 352 quarterly payment plan
67102E 360 semi-annual payment plan
Ratings of As rated by Standard & Poor's, a division of The McGraw
Portfolio Hill Companies
or Moody's Investors Service, Inc.
AAA 57%
AA 29
A 14
---------
100%
Registration Registered in Maryland
</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)
2016-18 14.3%
2019-21 14.3%
2022-24 51.7%
2025+ 19.7%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 04/15/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.70%
Tax Equivalent Yield 5.31%
Treasury Bonds
Pre-Tax 7.14%
Tax Equivalent Yield 6.78%
Corporate Bonds
Yield 7.62%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 39.0% FEDERAL AND STATE INCOME TAX
RATE AND A 5.0% 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 3/31/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS MARYLAND TRADITIONAL UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, AAA Aaa
Maryland General Hospital Issue, Series 1994, 6.20% Due 7/1/24. (MBIA
Insured.) 2004 at 102
500,000 Anne Arundel County, Maryland, General Obligation Bonds, Consolidated Water AA+ Aa
and Sewer Series, 1996, 2006 at 101
310M-5.00% Due 9/1/24, (Original issue discount bonds delivered on or about
March 20, 1996 at a price of 93.528% of principal amount.)
190M-5.00% Due 9/1/25. (Original issue discount bonds delivered on or about
March 20, 1996 at a price of 93.434% of principal amount.)
500,000 Anne Arundel County, Maryland, Pollution Control Revenue Refunding Bonds A A2
(Baltimore Gas and Electric Company Project), Series 1994, 6.00% Due
4/1/24. 2004 at 102
500,000 City of Baltimore, Maryland (Mayor and City Council of Baltimore), Project AAA Aaa
and Refunding Revenue Bonds (Water Projects), Series 1994-A, 5.00% Due
7/1/24. (Original issue discount bonds delivered on or about February 24,
1994 at a price of 94.055% of principal amount.)(FGIC Insured.) No Optional
Call
500,000 City of Gaithersburg, Maryland, Hospital Facilities Refunding and AAA Aaa
Improvement Revenue Bonds (Shady Grove Adventist Hospital), Series 1995,
6.00% Due 9/1/21. (FSA Insured.) 2005 at 102
500,000 Harford County, Maryland, Consolidated Public Improvement Bonds, Series AA- Aa
1996, 5.00% Due 3/1/16. (General Obligation Bonds.) 2006 at 102
500,000 Howard County, Maryland, Metropolitan District Bonds, 1996 Series A AA+ Aaa
(General Obligation Bonds.), 5.80% Due 2/15/26. 2005 at 101
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 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 04/15/96.
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 $.04. 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 $ 100.44 4.90 % 5.31% 5.36% 5.34% 5.39% 5.36% 5.41 %
500 / $50,000 100.28 4.75 5.32 5.37 5.35 5.40 5.37 5.42
1,000 / $100,000 100.02 4.50 5.33 5.39 5.37 5.42 5.39 5.44
2,500 / $250,000 99.76 4.25 5.35 5.41 5.38 5.44 5.40 5.46
5,000 / $500,000 98.98 3.50 5.39 5.47 5.42 5.50 5.44 5.52
10,000 / $1,000,000 98.47 3.00 5.42 5.50 5.45 5.53 5.47 5.55
25,000 / $2,500,000 97.97 2.50 5.45 5.54 5.48 5.57 5.50 5.59
50,000 / $5,000,000 97.47 2.00 5.47 5.58 5.51 5.61 5.53 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 31.5% 34.5% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
5.31 % 7.75% 8.11% 8.70% 9.23%
5.32 7.77 8.12 8.72 9.25
5.33 7.78 8.14 8.74 9.27
5.35 7.81 8.17 8.77 9.30
5.39 7.87 8.23 8.84 9.37
5.42 7.91 8.27 8.89 9.43
5.45 7.96 8.32 8.93 9.48
5.47 7.99 8.35 8.97 9.51
</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
06/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 6/15/96 $ .6669
Monthly plan 7/15/96 .4446 $ 5.3354
Quarterly plan 8/15/96 .8940
11/15/96 1.3410 5.3674
Semi-annual plan 11/15/96 2.2440
5/15/97 2.6928 5.3864
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.48 = 99.522
investment offering price # of units
(as of and accrued purchased
04/15/96) interest
99.522 X $5.3354 = $530.99
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN INTERMEDIATE
INSURED UNIT TRUST 84 857
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
4.64 - 4.79% - Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
4.56 - 4.86% - Diversified Portfolios
DATE OF DEPOSIT: April 16, 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 income tax but may
be subject to state and local tax. Capital gains
are taxable.
Total Principal $5,000,000 in 50,000 units
Average Life 10.0 years
Call Protection Earliest ordinary optional call is 2006
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.58 to $99.61 depending on the purchase amount
Cusip 67093J 253 monthly payment plan
Numbers 67093J 261 quarterly payment plan
67093J 279 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 all states
</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>
- --------------------------------------------------------------------------------
PORTFOLIO INCOME DIVERSIFICATION
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
California 9.6 % Connecticut 10.6 % Florida 17.4 %
Hawaii 10.3 Illinois 10.6 Indiana 9.8
Michigan 10.8 New York 11.1 Pennsylvania 9.8
</TABLE>
<TABLE>
<S> <C>
MATURITY DATES (Descrtiption of Chart)
2005 26%
2006 74%
The earliest ordinary optional call date is 2006
YIELD COMPARISON AS OF 04/15/96*
(Descrition of Yield Comparison Chart)
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Nuveen UIT
Pre-Tax 7.25%
Tax Equivalent Yield 4.64%
Treasury Bonds
Pre-Tax 6.79%
Tax Equivalent Yield 6.45%
Corporate Bonds
Yield 7.03%
</TABLE>
*COMPARES TRUST WITH 10-YEAR TREASURY NOTES AND LEHMAN BROTHERS INVESTMENT
GRADE CORPORATE BOND INDEX WITH A MATURITY OF 12.36 YEARS. ASSUMES 36.0%
FEDERAL AND 5.0% STATE INCOME TAX RATES. TREASURY NOTES ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY NOTES, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE CORPORATE BOND INDEX IS CALCULATED AS OF
3/31/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS INTERMEDIATE 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>
----------------------------------------------------------------------------------------------------------------
$ 500,000 State Public Works Board of the State of California, Lease Revenue No Optional AAA Aaa
Refunding Bonds (Department of Corrections), 1993 Series C (Del Norte), Call
4.75% Due 12/1/05.
500,000 State of Connecticut, General Obligation Bonds (1993 Series B), 5.25% Due No Optional AAA Aaa
9/15/06. Call
500,000 Bay County, Florida, Pollution Control Revenue Refunding Bonds, Series 1996 No Optional AAA Aaa
(Gulf Power Company Project), 5.25% Due 4/1/06. (When issued.) Call
300,000 Orange County, Florida, Tourist Development Tax Refunding Revenue Bonds, No Optional AAA Aaa
Series 1994A, 5.55% Due 10/1/05. Call
500,000 State of Hawaii, General Obligation Bonds of 1996, Series CL, 5.10% Due No Optional AAA Aaa
3/1/06. Call
100,000 Metropolitan Pier and Exposition Authority (Illinois), McCormick Place No Optional AAA Aaa
Expansion Project Bonds, Series 1994B, 0.00% Due 6/15/06. (Original issue Call
discount bonds delivered on or about June 23, 1994 at a price of 48.688% of
principal amount.)
500,000 Public Building Commission of Chicago (Illinois), Building Revenue Bonds, No Optional AAA Aaa
Series A of 1993 (Board of Education of the City of Chicago), 5.25% Due Call
12/1/06. (General Obligation Bonds.)
500,000 Hamilton Southeastern Consolidated School Building Corporation, Hamilton AAA Aaa
County, Indiana, First Mortgage Bonds, Series 1996,
250M-4.85% Due 1/15/06, No Optional
Call
250M-4.85% Due 7/15/06. 2006 at 102
(General Obligation Bonds.)
500,000 City of Detroit (Michigan), Downtown Development Authority, Tax Increment No Optional AAA Aaa
Refunding Bonds (Development Area No. 1 Projects), Series 1996B, 5.35% Due Call
7/1/06. (When issued.)
500,000 The City of New York (New York), General Obligation Bonds, Fiscal 1996 No Optional AAA Aaa
Series J, 5.50% Due 2/15/06. Call
500,000 North Wales Water Authority (Montgomery County, Pennsylvania), Water No Optional AAA Aaa
Revenue Bonds, Series of 1995, 4.85% Due 11/1/05. Call
100,000 Tumwater School District No. 33, Thurston County, Washington, General No Optional AAA Aaa
Obligation Bonds, 1996, Series B, 0.00% Due 12/1/06. (Original issue Call
discount bonds delivered on or about February 1, 1996 at a price of 56.74%
of principal amount.)
----------------------------------------------------------------------------------------------------------------
$ 5,000,000 TOTAL 12 BONDS FROM 10 STATES
</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 04/15/96.
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 $.04. 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 $ 101.58 3.90 % 4.64% 4.56% 4.67% 4.59% 4.69% 4.61 %
500 / $50,000 101.37 3.70 4.65 4.59 4.68 4.62 4.70 4.64
1,000 / $100,000 101.16 3.50 4.66 4.62 4.69 4.65 4.71 4.67
2,500 / $250,000 100.90 3.25 4.67 4.64 4.71 4.67 4.73 4.69
5,000 / $500,000 100.64 3.00 4.69 4.68 4.72 4.71 4.74 4.73
10,000 / $1,000,000 100.38 2.75 4.70 4.71 4.73 4.74 4.75 4.76
25,000 / $2,500,000 100.12 2.50 4.71 4.75 4.74 4.78 4.76 4.80
50,000 / $5,000,000 99.61 2.00 4.74 4.81 4.77 4.84 4.79 4.86
</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 28.0% 31.0% 36.0% 39.6%
<C> <S> <C> <C> <C> <C>
4.64 % 6.44% 6.72% 7.25% 7.68%
4.65 6.46 6.74 7.27 7.70
4.66 6.47 6.75 7.28 7.72
4.67 6.49 6.77 7.30 7.73
4.69 6.51 6.80 7.33 7.76
4.70 6.53 6.81 7.34 7.78
4.71 6.54 6.83 7.36 7.80
4.74 6.58 6.87 7.41 7.85
</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
06/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 6/15/96 $ .5895
Monthly plan 7/15/96 .3930 $ 4.7168
Quarterly plan 8/15/96 .7914
11/15/96 1.1871 4.7488
Semi-annual plan 11/15/96 1.9860
5/15/97 2.3832 4.7678
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.62 = 98.405
investment offering price # of units
(as of and accrued purchased
04/15/96) interest
98.405 X $4.7168 = $464.16
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NEW YORK
INSURED UNIT TRUST 249 857
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.40 - 5.62% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.44 - 5.71% - Diversified Portfolios
DATE OF DEPOSIT: April 16, 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 26.2 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.85 to $98.84 depending on the purchase amount
Cusip 67101K 763 monthly payment plan
Numbers 67101K 771 quarterly payment plan
67101K 789 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)
2014-18 15.0%
2019-23 45.0%
2024-28 25.0%
2029+ 15.0%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 04/15/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 9.08%
Tax Equivalent Yield 5.40%
Treasury Bonds
Pre-Tax 7.30%
Tax Equivalent Yield 6.78%
Corporate Bonds
Yield 7.62%
</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 3/31/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<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>
----------------------------------------------------------------------------------------------------------------
$ 750,000 The Port Authority of New York and New Jersey, Consolidated Bonds, One 2005 at 101 AAA Aaa
Hundredth Series, 5.75% Due 6/15/30.
750,000 Dormitory Authority of the State of New York, Leake and Watts Services, 2004 at 102 AAA Aaa
Inc., Insured Revenue Bonds, Series 1994, 6.00% Due 7/1/23.
750,000 Dormitory Authority of the State of New York, University of Rochester, 2004 at 102 AAA Aaa
Strong Memorial Hospital Revenue Bonds, Series 1994, 5.50% Due 7/1/21.
(Original issue discount bonds delivered on or about March 30, 1994 at a
price of 93.75% of principal amount.)
750,000 Dormitory Authority of the State of New York, State University Educational 2004 at 100 AAA Aaa
Facilities Revenue Bonds, Series 1994B, 5.75% Due 5/15/24. (Original issue
discount bonds delivered on or about September 13, 1994 at a price of
91.125% of principal amount.)
500,000 New York State Thruway Authority, General Revenue Bonds, Series C, 6.00% 2005 at 102 AAA Aaa
Due 1/1/25.
750,000 The City of New York, New York, General Obligation Bonds, Fiscal 1996 2006 at 101 AAA Aaa
Series G, 5.75% Due 2/1/14. (Original issue discount bonds delivered on or 1/2
about January 9, 1996 at a price of 94.421% of principal amount.)
750,000 New York City (New York), Municipal Water Finance Authority, Water and 2004 at 101 AAA Aaa
Sewer System Revenue Bonds, Fixed Rate Fiscal 1994 Series B, 5.50% Due
6/15/19.
----------------------------------------------------------------------------------------------------------------
$ 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 04/15/96.
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 $ 101.85 4.90 % 5.40% 5.44% 5.43% 5.47% 5.45% 5.48 %
500 / $50,000 101.69 4.75 5.41 5.44 5.44 5.47 5.46 5.49
1,000 / $100,000 101.42 4.50 5.42 5.47 5.45 5.50 5.47 5.52
2,500 / $250,000 101.16 4.25 5.44 5.48 5.47 5.51 5.49 5.53
5,000 / $500,000 100.37 3.50 5.48 5.54 5.51 5.57 5.53 5.59
10,000 / $1,000,000 99.86 3.00 5.51 5.58 5.54 5.61 5.56 5.63
25,000 / $2,500,000 99.34 2.50 5.54 5.62 5.57 5.65 5.59 5.67
50,000 / $5,000,000 98.84 2.00 5.56 5.66 5.60 5.69 5.62 5.71
</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>
5.40 % 8.06% 8.44% 9.08% 9.64%
5.41 8.07 8.45 9.09 9.66
5.42 8.09 8.47 9.11 9.68
5.44 8.12 8.50 9.14 9.71
5.48 8.18 8.56 9.21 9.79
5.51 8.22 8.61 9.26 9.84
5.54 8.27 8.66 9.31 9.89
5.56 8.30 8.69 9.34 9.93
</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
06/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 6/15/96 $ .6871
Monthly plan 7/15/96 .4581 $ 5.5000
Quarterly plan 8/15/96 .9216
11/15/96 1.3824 5.5320
Semi-annual plan 11/15/96 2.3115
5/15/97 2.7738 5.5510
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.90 = 98.135
investment offering price # of units
(as of and accrued purchased
04/15/96) interest
98.135 X $5.5000 = $539.74
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
