<PAGE>
NUVEEN
NUVEEN MARYLAND
TRADITIONAL UNIT TRUST 316 872
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.29 - 5.51% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.35 - 5.62% - Dependable Income
DATE OF DEPOSIT: June 26, 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 26.3 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.55 to $97.57 depending on the purchase amount
Cusip 67102E 402 monthly payment plan
Numbers 67102E 410 quarterly payment plan
67102E 428 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 72%
AA 14
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)
2014-17 14.3%
2018-21 14.3%
2022-25 42.9%
2026+ 28.5%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 06/25/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.67%
Tax Equivalent Yield 5.29%
Treasury Bonds
Pre-Tax 7.42%
Tax Equivalent Yield 7.05%
Corporate Bonds
Yield 7.94%
</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 5/31/96.
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 Washington Metropolitan Area Transit Authority (District of Columbia), AAA Aaa
Gross Revenue Transit Refunding Bonds, Series 1993, 5.25% Due 7/1/14. (FGIC
Insured.) 2004 at 102
500,000 Maryland Health and Higher Educational Facilities Authority, Parking AAA Aaa
Revenue Bonds, The Johns Hopkins Medical Institutions Parking Facilities
Issue, Series 1996, 5.50% Due 7/1/26. (AMBAC Insured.) 2006 at 102
500,000 Anne Arundel County, Maryland, General Obligation Bonds, Consolidated Water AA+ Aa
and Sewer Series, 1996, 5.00% Due 9/1/23. (Original issue discount bonds
delivered on or about March 20, 1996 at a price of 93.627% of principal
amount.) 2006 at 101
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 Howard County, Maryland, Metropolitan District Bonds, 1996 Series A AA+ Aaa
(General Obligation Bonds.), 5.80% Due 2/15/26. 2005 at 101
500,000 City of Takoma Park, Maryland, Hospital Facilities Refunding and AAA Aaa
Improvement Revenue Bonds (Washington Adventist Hospital), Series 1995,
6.00% Due 9/1/21. (FSA Insured.) 2005 at 102
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1995 (General AAA Aaa
Obligation Bonds.), 5.375% Due 7/1/22. (Original issue discount bonds
delivered on or about May 4, 1995 at a price of 93.916% of principal
amount.)(MBIA Insured.) 2005 at 101
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 06/25/96.
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 $.07. 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 $ 100.55 4.90 % 5.29% 5.35% 5.32% 5.38% 5.34% 5.40 %
500 / $50,000 100.39 4.75 5.30 5.36 5.33 5.38 5.35 5.40
1,000 / $100,000 100.13 4.50 5.32 5.38 5.35 5.41 5.37 5.43
2,500 / $250,000 99.86 4.25 5.33 5.39 5.36 5.42 5.38 5.44
5,000 / $500,000 99.09 3.50 5.37 5.45 5.40 5.48 5.42 5.50
10,000 / $1,000,000 98.58 3.00 5.40 5.49 5.43 5.52 5.45 5.54
25,000 / $2,500,000 98.07 2.50 5.43 5.53 5.46 5.56 5.48 5.58
50,000 / $5,000,000 97.57 2.00 5.45 5.57 5.49 5.60 5.51 5.62
</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 tax
UNIT TRUST bracket)
RETURN 31.5% 34.5% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
5.29 % 7.72% 8.08% 8.67% 9.20 %
5.30 7.74 8.09 8.69 9.22
5.32 7.77 8.12 8.72 9.25
5.33 7.78 8.14 8.74 9.27
5.37 7.84 8.20 8.80 9.34
5.40 7.88 8.24 8.85 9.39
5.43 7.93 8.29 8.90 9.44
5.45 7.96 8.32 8.93 9.48
</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
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .5173
Monthly plan 9/15/96 .4434 $ 5.3222
Quarterly plan 11/15/96 1.3383
2/15/97 1.3383 5.3542
Semi-annual plan 11/15/96 1.3428
5/15/97 2.6856 5.3732
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.62 = 99.383
investment offering price # of units
(as of and accrued purchased
06/25/96) interest
99.383 X $5.3222 = $528.94
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN VIRGINIA
TRADITIONAL UNIT TRUST 310 872
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.35 - 5.56% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.41 - 5.70% - Dependable Income
DATE OF DEPOSIT: June 26, 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 24.6 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $98.43 to $95.52 depending on the purchase amount
Cusip 6706LB 223 monthly payment plan
Numbers 6706LB 231 quarterly payment plan
6706LB 249 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 41%
AA 41
A 18
---------
100%
Registration Registered in Virginia
</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)
2014-2017 29.9%
2018-2021 27.2%
2022-2025 28.6%
2026+ 14.3%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 06/25/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.84%
Tax Equivalent Yield 5.35%
Treasury Bonds
Pre-Tax 7.48%
Tax Equivalent Yield 7.05%
Corporate Bonds
Yield 7.94%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 39.5% FEDERAL AND STATE INCOME TAX
RATE AND A 5.75% 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 5/31/96.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS VIRGINIA 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 Capital Region Airport Commission, Richmond (Virginia), International AAA Aaa
Airport Projects, Airport Revenue Bonds, Series 1995A, 5.625% Due 7/1/25.
(AMBAC Insured.) 2005 at 102
500,000 Fairfax County (Virginia), Water Authority, Water Refunding Revenue Bonds, AA- Aa
Series 1992, 6.00% Due 4/1/22. 2007 at 102
430,000 Norfolk Redevelopment and Housing Authority (Virginia), Educational AA Aa
Facility Revenue Bonds (State Board for Community Colleges-Tidewater
Community College Downtown Campus), Series of 1995, 5.875% Due 11/1/15. 2005 at 102
120,000 Pittsylvania County, Virginia, General Obligation School Bonds, Series of A A
1995, 5.50% Due 2/1/16. 2006 at 102
450,000 City of Richmond, Virginia, General Obligation Public Improvement Refunding AAA Aaa
Bonds, Series 1995B, 5.00% Due 1/15/21. (FGIC Insured.) 2006 at 102
500,000 City of Roanoke, Virginia, General Obligation Public Improvement Bonds, AA Aa
Series 1994, 5.25% Due 8/1/19. 2004 at 102
500,000 Upper Occoquan Sewage Authority (Virginia), Regional Sewerage System AAA Aaa
Revenue Bonds, Series of 1995A, 4.75% Due 7/1/29. (Original issue discount
bonds delivered on or about January 9, 1996 at a price of 91.422% of
principal amount.)(MBIA Insured.) 2006 at 100
500,000 Industrial Development Authority of Washington County (Virginia), Hospital -- A
Facility First Mortgage Revenue Refunding Bonds (Johnston Memorial
Hospital), Series 1995, 6.00% Due 7/1/14. 2005 at 102
----------------------------------------------------------------------------------------------------------------
$ 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 06/25/96.
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 $.07. 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 $ 98.43 4.90 % 5.35% 5.41% 5.38% 5.45% 5.40% 5.47 %
500 / $50,000 98.28 4.75 5.35 5.42 5.39 5.46 5.41 5.48
1,000 / $100,000 98.02 4.50 5.37 5.45 5.40 5.48 5.42 5.50
2,500 / $250,000 97.77 4.25 5.38 5.46 5.41 5.50 5.43 5.52
5,000 / $500,000 97.01 3.50 5.42 5.52 5.46 5.56 5.48 5.58
10,000 / $1,000,000 96.51 3.00 5.45 5.56 5.48 5.60 5.50 5.62
25,000 / $2,500,000 96.01 2.50 5.48 5.60 5.51 5.64 5.53 5.66
50,000 / $5,000,000 95.52 2.00 5.51 5.64 5.54 5.68 5.56 5.70
</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 tax
UNIT TRUST bracket)
RETURN 32.0% 35.0% 39.5% 43.0%
<C> <S> <C> <C> <C> <C>
5.35 % 7.87% 8.23% 8.84% 9.39 %
5.35 7.87 8.23 8.84 9.39
5.37 7.90 8.26 8.88 9.42
5.38 7.91 8.28 8.89 9.44
5.42 7.97 8.34 8.96 9.51
5.45 8.01 8.38 9.01 9.56
5.48 8.06 8.43 9.06 9.61
5.51 8.10 8.48 9.11 9.67
</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
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .5113
Monthly plan 9/15/96 .4383 $ 5.2611
Quarterly plan 11/15/96 1.3230
2/15/97 1.3230 5.2931
Semi-annual plan 11/15/96 1.3275
5/15/97 2.6550 5.3121
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 98.50 = 101.522
investment offering price # of units
(as of and accrued purchased
06/25/96) interest
101.522 X $5.2611 = $534.12
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NEW JERSEY
INSURED UNIT TRUST 208 872
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.34 - 5.56% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.39 - 5.67% - Diversified Portfolios
DATE OF DEPOSIT: June 26, 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 25.8 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.45 to $97.48 depending on the purchase amount
Cusip 6706LA 498 monthly payment plan
Numbers 6706LA 506 quarterly payment plan
6706LA 514 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 Jersey
</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)
2013-16 35.7%
2017-20 0.00%
2021-24 7.1%
2025-28 42.9%
2029+ 14.3%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 06/25/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.90%
Tax Equivalent Yield 5.34%
Treasury Bonds
Pre-Tax 7.53%
Tax Equivalent Yield 7.05%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.94%
</TABLE>
*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 6.37% 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 5/31/96.
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 JERSEY 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 New Jersey Economic Development Authority, Insured Revenue Bonds 2005 at 102 AAA Aaa
(Educational Testing Service Issue), Series 1995A, 6.00% Due 5/15/25.
500,000 New Jersey Educational Facilities Authority, Revenue Bonds, Rowan College 2006 at 101 AAA Aaa
of New Jersey Issue, Series 1996 E, 5.875% Due 7/1/13.
500,000 New Jersey Educational Facilities Authority, Revenue Bonds, University of 2005 at 101 AAA Aaa
Medicine and Dentistry of New Jersey Issue, Series 1995 B, 5.25% Due
12/1/14.
500,000 The Port Authority of New York and New Jersey Consolidated Bonds, One 2006 at 101 AAA Aaa
Hundred Fourth Series, 4.75% Due 1/15/26. (Original issue discount bonds
delivered on or about February 14, 1996 at a price of 91.788% of principal
amount.)
250,000 New Jersey Transportation Trust Fund Authority, Transportation System 2006 at 102 AAA Aaa
Bonds, 1996 Series A, 5.125% Due 12/15/14.
250,000 The Essex County Improvement Authority (Essex County, New Jersey), County 2006 at 102 AAA Aaa
of Essex Guaranteed Revenue Refunding Bonds, Series 1996 (County College
Project), 5.35% Due 12/1/24. (General Obligation Bonds.)
500,000 The Essex County Improvement Authority (Essex County, New Jersey), County 2005 at 102 AAA Aaa
of Essex General Obligation Lease Revenue Bonds, Series 1995 (Gibraltar
Building Project), 5.95% Due 12/1/25.
500,000 The Pollution Control Financing Authority of Salem County (New Jersey), 2004 at 102 AAA Aaa
Pollution Control Revenue Refunding Bonds, 1994 Series C (Public Service
Electric and Gas Company Project), 6.20% Due 8/1/30.
----------------------------------------------------------------------------------------------------------------
$ 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 06/25/96.
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 $.07. 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 $ 100.45 4.90 % 5.34% 5.39% 5.37% 5.42% 5.39% 5.44 %
500 / $50,000 100.29 4.75 5.35 5.40 5.38 5.43 5.40 5.45
1,000 / $100,000 100.03 4.50 5.36 5.43 5.40 5.45 5.41 5.47
2,500 / $250,000 99.77 4.25 5.38 5.44 5.41 5.47 5.43 5.49
5,000 / $500,000 98.99 3.50 5.42 5.50 5.45 5.53 5.47 5.55
10,000 / $1,000,000 98.48 3.00 5.45 5.54 5.48 5.57 5.50 5.59
25,000 / $2,500,000 97.98 2.50 5.48 5.58 5.51 5.61 5.53 5.63
50,000 / $5,000,000 97.48 2.00 5.50 5.62 5.54 5.65 5.56 5.67
</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 tax
UNIT TRUST bracket)
RETURN 32.0% 35.0% 40.0% 43.5%
<C> <S> <C> <C> <C> <C>
5.34 % 7.85% 8.22% 8.90% 9.45 %
5.35 7.87 8.23 8.92 9.47
5.36 7.88 8.25 8.93 9.49
5.38 7.91 8.28 8.97 9.52
5.42 7.97 8.34 9.03 9.59
5.45 8.01 8.38 9.08 9.65
5.48 8.06 8.43 9.13 9.70
5.50 8.09 8.46 9.17 9.73
</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
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .5215
Monthly plan 9/15/96 .4470 $ 5.3651
Quarterly plan 11/15/96 1.3491
2/15/97 1.3491 5.3971
Semi-annual plan 11/15/96 1.3536
5/15/97 2.7072 5.4161
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.52 = 99.482
investment offering price # of units
(as of and accrued purchased
06/25/96) interest
99.482 X $5.3651 = $533.73
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>