<PAGE>
NUVEEN
NUVEEN FLORIDA
INSURED UNIT TRUST 227 862
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.39 - 5.60% - Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.49 - 5.75% - Diversified Portfolios
DATE OF DEPOSIT: May 7, 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. Capital
gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 28.5 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $97.75 to $94.86 depending on the purchase amount
Cusip 6706H4 612 monthly payment plan
Numbers 6706H4 620 quarterly payment plan
6706H4 638 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 Florida
</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)
2018-21 14.3%
2022-25 57.1%
2026+ 28.6%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 05/06/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.42%
Tax Equivalent Yield 5.39%
Treasury Bonds
Pre-Tax
Tax Equivalent Yield 7.06%
Corporate Bonds
Yield 7.84%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 36.0% FEDERAL 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 4/30/96.
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 FLORIDA 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 of Florida, State Board of Education, Public Education Capital Outlay 2005 at 101 AAA Aaa
Bonds, 1994 Series C, 5.60% Due 6/1/25. (General Obligation Bonds.)
500,000 City of Atlantic Beach, Florida, Utilities System Revenue Bonds, Series 2006 at 102 AAA Aaa
1996, 5.50% Due 10/1/25.
500,000 Dade County, Florida, Aviation Revenue Bonds, Series 1996B, 5.60% Due 2006 at 102 AAA Aaa
10/1/26.
500,000 Dade County, Florida, Water and Sewer System Revenue Bonds, Series 1995, 2005 at 102 AAA Aaa
5.50% Due 10/1/25. (Original issue discount bonds delivered on or about
October 19, 1995 at a price of 94.942% of principal amount.)
500,000 The School Board of Escambia County, Florida, Certificates of 2006 at 102 AAA Aaa
Participation, Series 1996-1, 5.50% Due 2/1/18.
500,000 St. Johns County, Florida, Water and Sewer Revenue and Refunding Bonds, 2006 at 102 AAA Aaa
Series 1996, 5.50% Due 6/1/26.
500,000 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 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 05/06/96.
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 $ 97.75 4.90 % 5.39% 5.49% 5.42% 5.52% 5.44% 5.54 %
500 / $50,000 97.60 4.75 5.39 5.50 5.43 5.52 5.45 5.54
1,000 / $100,000 97.34 4.50 5.41 5.52 5.44 5.55 5.46 5.57
2,500 / $250,000 97.09 4.25 5.42 5.53 5.46 5.56 5.48 5.58
5,000 / $500,000 96.33 3.50 5.47 5.59 5.50 5.62 5.52 5.64
10,000 / $1,000,000 95.84 3.00 5.49 5.63 5.53 5.66 5.55 5.68
25,000 / $2,500,000 95.34 2.50 5.52 5.67 5.56 5.70 5.58 5.72
50,000 / $5,000,000 94.86 2.00 5.55 5.70 5.58 5.73 5.60 5.75
</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>
5.39 % 7.49% 7.81% 8.42% 8.92%
5.39 7.49 7.81 8.42 8.92
5.41 7.51 7.84 8.45 8.96
5.42 7.53 7.86 8.47 8.97
5.47 7.60 7.93 8.55 9.06
5.49 7.63 7.96 8.58 9.09
5.52 7.67 8.00 8.63 9.14
5.55 7.71 8.04 8.67 9.19
</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 $ .3508
Monthly plan 7/15/96 .4386 $ 5.2650
Quarterly plan 8/15/96 .8826
11/15/96 1.3239 5.2970
Semi-annual plan 11/15/96 2.2140
5/15/97 2.6568 5.3160
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 97.79 = 102.259
investment offering price # of units
(as of and accrued purchased
05/06/96) interest
102.259 X $5.2650 = $538.39
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NEW YORK
INSURED UNIT TRUST 250 862
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.49 - 5.71% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.52 - 5.81% - Diversified Portfolios
DATE OF DEPOSIT: May 7, 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 23.9 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.11 to $97.15 depending on the purchase amount
Cusip 67101K 797 monthly payment plan
Numbers 67101K 805 quarterly payment plan
67101K 813 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)
2014-16 15.0%
2017-19 15.0%
2020-22 60.0%
2023+ 10.0%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 05/06/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 9.23%
Tax Equivalent Yield 5.49%
Treasury Bonds
Pre-Tax 7.60%
Tax Equivalent Yield 7.06%
Corporate Bonds
Yield 7.84%
</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 4/30/96.
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 Dormitory Authority of the State of New York, Mental Health Services 2006 at 102 AAA Aaa
Facilities Improvement Revenue Bonds, Series 1996B, 5.125% Due 8/15/21.
(Original issue discount bonds delivered on or about March 27, 1996 at a
price of 93.599% of principal amount.)(General Obligation Bonds.)
750,000 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.
750,000 New York State Energy Research and Development Authority, Gas Facilities 2006 at 102 AAA Aaa
Revenue Bonds, 1996 Series (The Brooklyn Union Gas Company Project), 5.50%
Due 1/1/21.
750,000 New York State Energy Research and Development Authority, Facilities 2005 at 102 AAA Aaa
Refunding Revenue Bonds, Series 1995 A (Consolidated Edison Company of New
York, Inc. Project), 6.10% Due 8/15/20.
500,000 Metropolitan Transportation Authority (New York), Commuter Facilities 2005 at 101 AAA Aaa
Subordinated Revenue Bonds, Series 1995-2 (Grand Central Terminal
Redevelopment Project), 5.70% Due 7/1/24.
750,000 The City of New York, New York, General Obligation Bonds, Fiscal 1996 2005 at 101 AAA Aaa
Series A, Subseries A-1, 6.50% Due 8/1/14.
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 05/06/96.
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 $ 100.11 4.90 % 5.49% 5.52% 5.52% 5.56% 5.54% 5.58 %
500 / $50,000 99.96 4.75 5.50 5.53 5.53 5.57 5.55 5.59
1,000 / $100,000 99.70 4.50 5.51 5.55 5.54 5.59 5.56 5.61
2,500 / $250,000 99.44 4.25 5.53 5.57 5.56 5.61 5.58 5.63
5,000 / $500,000 98.66 3.50 5.57 5.63 5.60 5.67 5.62 5.69
10,000 / $1,000,000 98.15 3.00 5.60 5.67 5.63 5.71 5.65 5.73
25,000 / $2,500,000 97.65 2.50 5.63 5.71 5.66 5.75 5.68 5.77
50,000 / $5,000,000 97.15 2.00 5.66 5.75 5.69 5.79 5.71 5.81
</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>
5.49 % 8.19% 8.58% 9.23% 9.80%
5.50 8.21 8.59 9.24 9.82
5.51 8.22 8.61 9.26 9.84
5.53 8.25 8.64 9.29 9.88
5.57 8.31 8.70 9.36 9.95
5.60 8.36 8.75 9.41 10.00
5.63 8.40 8.80 9.46 10.05
5.66 8.45 8.84 9.51 10.11
</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 $ .3662
Monthly plan 7/15/96 .4578 $ 5.4960
Quarterly plan 8/15/96 .9210
11/15/96 1.3815 5.5280
Semi-annual plan 11/15/96 2.3100
5/15/97 2.7720 5.5470
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.16 = 99.840
investment offering price # of units
(as of and accrued purchased
05/06/96) interest
99.840 X $5.4960 = $548.72
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN PENNSYLVANIA
INSURED UNIT TRUST 211 862
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.44 - 5.66% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.52 - 5.79% - Diversified Portfolios
DATE OF DEPOSIT: May 7, 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 26.5 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.93 to $96.97 depending on the purchase amount
Cusip 6706H8 555 monthly payment plan
Numbers 6706H8 563 quarterly payment plan
6706H8 571 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 Pennsylvania
</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)
2015-18 28.6%
2019-22 14.3%
2023-26 42.8%
2027+ 14.3%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 05/06/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.77%
Tax Equivalent Yield 5.44%
Treasury Bonds
Pre-Tax 7.26%
Tax Equivalent Yield 7.06%
Corporate Bonds
Yield 7.84%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 38.0% FEDERAL AND STATE INCOME TAX
RATE AND A 2.8% 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 4/30/96.
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 PENNSYLVANIA 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 School Building Authority (Commonwealth of Pennsylvania), 2006 at 100 AAA Aaa
College Revenue Bonds (Reading Area Community College Project), Series D of
1996, 5.50% Due 4/1/16. (Original issue discount bonds will be delivered on
or about May 15, 1996 at a price of 94.232% of principal amount.)(When
issued.)
500,000 Allegheny County Hospital Development Authority (Pennsylvania), Health 2005 at 102 AAA Aaa
Center Revenue Bonds, Series of 1995 (University of Pittsburgh Medical
Center System), 5.35% Due 12/1/15.
500,000 Lehigh County Industrial Development Authority, Pollution Control Revenue 2005 at 102 AAA Aaa
Refunding Bonds, 1995 Series A (Pennsylvania Power & Light Company
Project), 6.15% Due 8/1/29.
500,000 Lehigh County (Pennsylvania), General Purpose Authority, Hospital Revenue 2005 at 102 AAA Aaa
Bonds (Lehigh Valley Hospital), Series B of 1995, 5.625% Due 7/1/25.
500,000 Northampton County Industrial Development Authority (Pennsylvania), 2005 at 102 AAA Aaa
Pollution Control Revenue Refunding Bonds, 1995 Series A (Metropolitan
Edison Company Project), 6.10% Due 7/15/21.
500,000 Pittsburgh (Pennsylvania), Water and Sewer Authority, Water and Sewer 2005 at 100 AAA Aaa
System First Lien Revenue Bonds, Series A of 1995, 5.65% Due 9/1/25.
500,000 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 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 05/06/96.
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 $ 99.93 4.90 % 5.44% 5.52% 5.47% 5.55% 5.49% 5.57 %
500 / $50,000 99.77 4.75 5.45 5.52 5.48 5.55 5.50 5.57
1,000 / $100,000 99.51 4.50 5.46 5.55 5.50 5.58 5.51 5.60
2,500 / $250,000 99.25 4.25 5.48 5.56 5.51 5.59 5.53 5.61
5,000 / $500,000 98.48 3.50 5.52 5.62 5.55 5.65 5.57 5.67
10,000 / $1,000,000 97.97 3.00 5.55 5.66 5.58 5.69 5.60 5.71
25,000 / $2,500,000 97.47 2.50 5.58 5.70 5.61 5.73 5.63 5.75
50,000 / $5,000,000 96.97 2.00 5.61 5.74 5.64 5.77 5.66 5.79
</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 30.0% 33.0% 38.0% 41.5%
<C> <S> <C> <C> <C> <C>
5.44 % 7.77% 8.12% 8.77% 9.30%
5.45 7.79 8.13 8.79 9.32
5.46 7.80 8.15 8.81 9.33
5.48 7.83 8.18 8.84 9.37
5.52 7.89 8.24 8.90 9.44
5.55 7.93 8.28 8.95 9.49
5.58 7.97 8.33 9.00 9.54
5.61 8.01 8.37 9.05 9.59
</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 $ .3624
Monthly plan 7/15/96 .4530 $ 5.4367
Quarterly plan 8/15/96 .9114
11/15/96 1.3671 5.4687
Semi-annual plan 11/15/96 2.2860
5/15/97 2.7432 5.4877
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 99.98 = 100.020
investment offering price # of units
(as of and accrued purchased
05/06/96) interest
100.020 X $5.4367 = $543.78
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
