<PAGE>
NUVEEN
NUVEEN COLORADO
INSURED UNIT TRUST 65 886
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
4.99 - 5.20% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.03 - 5.30% - Diversified Portfolios
DATE OF DEPOSIT: August 23, 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 24.2 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.57 to $98.56 depending on the purchase amount
Cusip 6706E9 465 monthly payment plan
Numbers 6706E9 473 quarterly payment plan
6706E9 481 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 Colorado
</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)
2012-14 28.6%
2015-17 14.3%
2018-20 0.0%
2021-23 14.3%
2024+ 42.8%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 08/22/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 4.99%
Tax Equivalent Yield 8.18%
Treasury Bonds
Yield 6.84%
Tax Equivalent Yield 7.20%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.84%
</TABLE>
*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 7/31/96.
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 COLORADO 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 Colorado Health Facilities Authority, Hospital Revenue Bonds (The 2006 at 101 AAA Aaa
Children's Hospital Association Project), Series 1996, 5.25% Due 10/1/26.
500,000 School District No. 12, Adams County, Colorado (Adams Twelve Five Star 2005 at 100 AAA Aaa
Schools), General Obligation Bonds, Series 1995C, 5.60% Due 12/15/12.
500,000 City of Colorado Springs, Colorado, Utilities System Improvement and 2004 at 100 AAA Aaa
Refunding Revenue Bonds, Series 1994A, 5.125% Due 11/15/23.
500,000 City and County of Denver, Colorado, Airport System Revenue Bonds, Series 2006 at 101 AAA Aaa
1996A, 5.50% Due 11/15/25. (Original issue discount bonds delivered on or
about March 28, 1996 at a price of 93.497% of principal amount.)
500,000 Roaring Fork School District No. Re-1, Garfield, Pitkin and Eagle Counties, 2005 at 102 AAA Aaa
Colorado, General Obligation Refunding Bonds, Series 1995, 5.20% Due
12/15/14.
500,000 Summit School District RE-1, Summit County, Colorado, General Obligation 2006 at 100 AAA Aaa
Refunding and Improvement Bonds, Series 1996A, 5.10% Due 12/1/15.
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 08/22/96.
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 $ 101.57 4.90 % 4.99% 5.03% 5.02% 5.06% 5.04% 5.08 %
500 / $50,000 101.41 4.75 5.00 5.04 5.03 5.06 5.05 5.08
1,000 / $100,000 101.14 4.50 5.01 5.06 5.04 5.09 5.06 5.11
2,500 / $250,000 100.88 4.25 5.03 5.07 5.06 5.10 5.08 5.12
5,000 / $500,000 100.09 3.50 5.07 5.13 5.10 5.16 5.12 5.18
10,000 / $1,000,000 99.58 3.00 5.09 5.17 5.12 5.20 5.14 5.22
25,000 / $2,500,000 99.07 2.50 5.12 5.21 5.15 5.24 5.17 5.26
50,000 / $5,000,000 98.56 2.00 5.14 5.25 5.18 5.28 5.20 5.30
</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>
4.99 % 7.28% 7.62% 8.18% 8.68 %
5.00 7.30 7.63 8.20 8.70
5.01 7.31 7.65 8.21 8.71
5.03 7.34 7.68 8.25 8.75
5.07 7.40 7.74 8.31 8.82
5.09 7.43 7.77 8.34 8.85
5.12 7.47 7.82 8.39 8.90
5.14 7.50 7.85 8.43 8.94
</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
10/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 10/15/96 $ .5350
Monthly plan 11/15/96 .4224 $ 5.0701
Quarterly plan 11/15/96 .4251
2/15/97 1.2753 5.1021
Semi-annual plan 11/15/96 .4266
5/15/97 2.5596 5.1211
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.64 = 98.386
investment offering price # of units
(as of and accrued purchased
08/22/96) interest
98.386 X $5.0701 = $498.83
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN FLORIDA
INSURED UNIT TRUST 233 886
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.04 - 5.25% - Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.14 - 5.40% - Diversified Portfolios
DATE OF DEPOSIT: August 23, 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 28.2 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.90 to $96.95 depending on the purchase amount
Cusip 6706H4 794 monthly payment plan
Numbers 6706H4 802 quarterly payment plan
6706H4 810 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)
2012-15 2.9%
2016-19 0.0%
2020-23 14.3%
2024+ 82.8%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 08/22/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.04%
Tax Equivalent Yield 7.88%
Treasury Bonds
Yield 6.84%
Tax Equivalent Yield
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 7/31/96.
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 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 State of Florida, Department of Transportation, Turnpike Revenue Bonds, 2005 at 101 AAA Aaa
Series 1995A, 5.625% Due 7/1/25.
500,000 Dade County, Florida, Aviation Revenue Bonds, Series 1996B, 5.60% Due 2006 at 102 AAA Aaa
10/1/26.
400,000 The School Board of Dade County, Florida, Certificates of Participation, 2006 at 101 AAA Aaa
Series 1996B, 5.60% Due 8/1/26. (When issued.)
500,000 City of Lakeland, Florida, Hospital Revenue Refunding Bonds (Lakeland 2006 at 102 AAA Aaa
Regional Medical Center Project), Series 1996, 5.25% Due 11/15/25.
500,000 Orlando Utilities Commission (Florida), Water and Electric Subordinated 2004 at 101 AAA Aaa
Revenue Refunding Bonds, Series 1994A, 5.00% Due 10/1/20.
100,000 City of Sunrise, Florida, Utility System Refunding Revenue Bonds, Series No Optional AAA Aaa
1993, 0.00% Due 10/1/12. (Original issue discount bonds delivered on or Call
about June 1, 1993 at a price of 33.736% of principal amount.)
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 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 08/22/96.
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 $ 99.90 4.90 % 5.04% 5.14% 5.07% 5.17% 5.09% 5.19 %
500 / $50,000 99.75 4.75 5.05 5.15 5.08 5.18 5.10 5.20
1,000 / $100,000 99.49 4.50 5.06 5.17 5.09 5.20 5.11 5.22
2,500 / $250,000 99.23 4.25 5.07 5.19 5.11 5.22 5.13 5.23
5,000 / $500,000 98.46 3.50 5.11 5.24 5.15 5.27 5.17 5.29
10,000 / $1,000,000 97.95 3.00 5.14 5.28 5.17 5.31 5.19 5.33
25,000 / $2,500,000 97.45 2.50 5.17 5.31 5.20 5.35 5.22 5.36
50,000 / $5,000,000 96.95 2.00 5.19 5.35 5.23 5.38 5.25 5.40
</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 28.0% 31.0% 36.0% 39.6%
<C> <S> <C> <C> <C> <C>
5.04 % 7.00% 7.30% 7.88% 8.34 %
5.05 7.01 7.32 7.89 8.36
5.06 7.03 7.33 7.91 8.38
5.07 7.04 7.35 7.92 8.39
5.11 7.10 7.41 7.98 8.46
5.14 7.14 7.45 8.03 8.51
5.17 7.18 7.49 8.08 8.56
5.19 7.21 7.52 8.11 8.59
</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
10/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 10/15/96 $ .5312
Monthly plan 11/15/96 .4194 $ 5.0356
Quarterly plan 11/15/96 .4221
2/15/97 1.2663 5.0676
Semi-annual plan 11/15/96 .4236
5/15/97 2.5416 5.0866
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 99.97 = 100.030
investment offering price # of units
(as of and accrued purchased
08/22/96) interest
100.030 X $5.0356 = $503.71
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NEW JERSEY
INSURED UNIT TRUST 211 886
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.04 - 5.24% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.06 - 5.32% - Diversified Portfolios
DATE OF DEPOSIT: August 23, 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 27.2 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.46 to $97.49 depending on the purchase amount
Cusip 6706LA 589 monthly payment plan
Numbers 6706LA 597 quarterly payment plan
6706LA 605 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)
2016-18 5.7%
2019-21 28.5%
2022-24 8.6%
2025+ 57.2%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 08/22/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.04%
Tax Equivalent Yield 8.40%
Treasury Bonds
Yield 6.84%
Tax Equivalent Yield 7.31%
Corporate Bonds
Yield 7.84%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 40.0% 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 7/31/96.
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, University of 2005 at 101 AAA Aaa
Medicine and Dentistry of New Jersey Issue, Series 1995 B, 5.25% Due
12/1/21.
500,000 New Jersey Educational Facilities Authority, Revenue Bonds, Trenton State 2006 at 101 AAA Aaa
College Issue, Series 1996 A, 5.10% Due 7/1/21.
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.)
300,000 School Bonds of the Board of Education of the Township of Branchburg, In 2007 at 100 AAA Aaa
the County of Somerset, New Jersey, 5.625% Due 2/1/23. (General Obligation
Bonds.)
500,000 The Delaware River and Bay Authority (Delaware and New Jersey), Revenue 2006 at 102 AAA Aaa
Bonds, Series 1996, 5.25% Due 1/1/26.
200,000 The Mercer County Improvement Authority (Mercer County, New Jersey), 2006 at 102 AAA Aaa
Revenue Refunding Bonds (Ewing Board of Education Lease Project, Series
1996), 5.00% Due 11/15/16.
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 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 08/22/96.
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 $ 100.46 4.90 % 5.04% 5.06% 5.07% 5.09% 5.09% 5.11 %
500 / $50,000 100.30 4.75 5.05 5.06 5.08 5.09 5.10 5.11
1,000 / $100,000 100.04 4.50 5.06 5.09 5.09 5.12 5.11 5.14
2,500 / $250,000 99.78 4.25 5.07 5.10 5.10 5.13 5.12 5.15
5,000 / $500,000 99.01 3.50 5.11 5.16 5.14 5.19 5.16 5.21
10,000 / $1,000,000 98.50 3.00 5.14 5.20 5.17 5.23 5.19 5.24
25,000 / $2,500,000 97.99 2.50 5.17 5.23 5.20 5.26 5.22 5.28
50,000 / $5,000,000 97.49 2.00 5.19 5.27 5.22 5.30 5.24 5.32
</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>
5.04 % 7.41% 7.75% 8.40% 8.92 %
5.05 7.43 7.77 8.42 8.94
5.06 7.44 7.78 8.43 8.96
5.07 7.46 7.80 8.45 8.97
5.11 7.51 7.86 8.52 9.04
5.14 7.56 7.91 8.57 9.10
5.17 7.60 7.95 8.62 9.15
5.19 7.63 7.98 8.65 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
10/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 10/15/96 $ .5339
Monthly plan 11/15/96 .4215 $ 5.0616
Quarterly plan 11/15/96 .4242
2/15/97 1.2726 5.0936
Semi-annual plan 11/15/96 .4260
5/15/97 2.5560 5.1126
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.53 = 99.472
investment offering price # of units
(as of and accrued purchased
08/22/96) interest
99.472 X $5.0616 = $503.49
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
