<PAGE>
NUVEEN CALIFORNIA NUVEEN
INSURED UNIT TRUST 272 888
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
All bonds in this Unit Trust are insured by MBIA For the tax-sensitive, conservative investor.
Insurance Corporation. As a result, the bonds are - Double Tax-Free
rated Aaa by Moody's Investors Service, Inc. and - Dependable Income
both the bonds and the Units are rated AAA by - Diversified Portfolios
Standard & Poor's, the highest rating given by - Top-Rated Municipal Bonds
each agency. DATE OF DEPOSIT: September 9, 1996
ESTIMATED CURRENT RETURN:
5.28 - 5.49%
ESTIMATED LONG-TERM RETURN:
5.39 - 5.66%
</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 25.7 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.56 to $97.58 depending on the purchase amount
Cusip 67064W 853 monthly payment plan
Numbers 67064W 861 quarterly payment plan
67064W 879 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in California
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2012-15 4.3%
2016-19 14.3%
2020-23 45.7%
2024+ 35.7%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 09/06/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.28%
Tax Equivalent Yield 9.10%
Treasury Bonds
Yield 7.15%
Tax Equivalent Yield 7.88%
Corporate Bonds
Yield 7.99%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 09/05/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 8/31/96. ASSUMES 42.0%
FEDERAL AND STATE INCOME TAX RATE AND A 9.30% STATE INCOME TAX RATE. TREASURY
BONDS ARE SUBJECT TO FEDERAL BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE
GENERALLY SUBJECT TO BOTH. TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE
GUARANTEED BY THE U.S. GOVERNMENT.
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 CALIFORNIA INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 California State University, Sacramento Student Union Refunding Revenue 2005 at 102 AAA Aaa
Bonds, Series C, 5.625% Due 3/1/21.
500,000 Cathedral City (California), Public Financing Authority, 1995 Tax 2005 at 102 AAA Aaa
Allocation Revenue Bonds, Series A (Cathedral City Redevelopment Projects),
5.50% Due 8/1/17.
500,000 Redevelopment Agency of the City of El Paso De Robles (San Luis Obispo 2006 at 102 AAA Aaa
County, California), Paso Robles Redevelopment Project, 1996 Tax Allocation
Refunding Bonds, 5.625% Due 7/1/21. (When issued.)
150,000 Encinitas Union School District (San Diego County, California), General No Optional AAA Aaa
Obligation Bonds, Election of 1996, Series 1996, 0.00% Due 8/1/12. Call
(Original issue discount bonds delivered on or about August 22, 1996 at a
price of 40.506% of principal amount.)
500,000 Los Angeles County, California, Metropolitan Transportation Authority Sales 2006 at 101 AAA Aaa
Tax Revenue Bonds, Proposition A-First Tier Senior-Series 1996-A, 6.00% Due
7/1/26.
250,000 The City of Los Angeles, California, Wastewater System Revenue Bonds, 2004 at 102 AAA Aaa
Series 1994-A, 5.875% Due 6/1/24.
500,000 County of Madera, California, Certificates of Participation (Valley 2005 at 102 AAA Aaa
Children's Hospital Project), Series 1995, 6.125% Due 3/15/23.
500,000 County of Orange, California, 1996 Recovery Certificates of Participation, 2006 at 102 AAA Aaa
Series A, 6.00% Due 7/1/26.
100,000 Sacramento Municipal Utility District (California), Electric Revenue Bonds, 2006 at 102 AAA Aaa
1996 Series J, 5.50% Due 8/15/21.
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 9 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 09/06/96.
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 $ 100.56 4.90 % 5.28% 5.39% 5.31% 5.42% 5.33% 5.43 %
500 / $50,000 100.40 4.75 5.29 5.39 5.32 5.42 5.34 5.44
1,000 / $100,000 100.14 4.50 5.30 5.42 5.33 5.45 5.35 5.47
2,500 / $250,000 99.88 4.25 5.32 5.43 5.35 5.46 5.37 5.48
5,000 / $500,000 99.10 3.50 5.36 5.49 5.39 5.52 5.41 5.54
10,000 / $1,000,000 98.59 3.00 5.38 5.53 5.42 5.56 5.44 5.58
25,000 / $2,500,000 98.08 2.50 5.41 5.57 5.45 5.60 5.46 5.62
50,000 / $5,000,000 97.58 2.00 5.44 5.61 5.47 5.64 5.49 5.66
</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 34.5% 37.5% 42.0% 45.0%
<C> <S> <C> <C> <C> <C>
5.28 % 8.06% 8.45% 9.10% 9.60 %
5.29 8.08 8.46 9.12 9.62
5.30 8.09 8.48 9.14 9.64
5.32 8.12 8.51 9.17 9.67
5.36 8.18 8.58 9.24 9.75
5.38 8.21 8.61 9.28 9.78
5.41 8.26 8.66 9.33 9.84
5.44 8.31 8.70 9.38 9.89
</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 $ .3242
Monthly plan 11/15/96 .4422 $ 5.3089
Quarterly plan 11/15/96 .4449
2/15/97 1.3347 5.3409
Semi-annual plan 11/15/96 .4464
5/15/97 2.6784 5.3599
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.60 = 99.403
investment offering price # of units
(as of and accrued purchased
09/06/96) interest
99.403 X $5.3089 = $527.72
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN OHIO NUVEEN
INSURED UNIT TRUST 137 888
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
All bonds in this Unit Trust are insured by MBIA For the tax-sensitive, conservative investor.
Insurance Corporation. As a result, the bonds are - Double Tax-Free
rated Aaa by Moody's Investors Service, Inc. and - Dependable Income
both the bonds and the Units are rated AAA by - Diversified Portfolios
Standard & Poor's, the highest rating given by - Top-Rated Municipal Bonds
each agency. DATE OF DEPOSIT: September 9, 1996
ESTIMATED CURRENT RETURN:
5.29 - 5.50%
ESTIMATED LONG-TERM RETURN:
5.34 - 5.61%
</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 27.4 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.45 to $97.48 depending on the purchase amount
Cusip 67102G 282 monthly payment plan
Numbers 67102G 290 quarterly payment plan
67102G 308 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 Ohio
</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)
2015-19 28.6%
2020-24 14.3%
2025-29 42.8%
2030+ 14.3%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 09/06/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.29%
Tax Equivalent Yield 8.97%
Treasury Bonds
Yield 7.15%
Tax Equivalent Yield 7.73%
Corporate Bonds
Yield 7.99%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 09/05/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 8/31/96. ASSUMES 41.0%
FEDERAL AND STATE INCOME TAX RATE AND A 7.5% 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.
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 OHIO 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 Ohio, Ohio Air Quality Development Authority, Air Quality 2005 at 102 AAA Aaa
Development Revenue Refunding Bonds, 1995 Series (The Dayton Power and
Light Company Project), 6.10% Due 9/1/30.
500,000 State of Ohio, Turnpike Revenue Bonds, 1996 Series A, Issued by the Ohio 2006 at 102 AAA Aaa
Turnpike Commission, 5.50% Due 2/15/26. (Original issue discount bonds
delivered on or about June 20, 1996 at a price of 93.50% of principal
amount.)
500,000 County of Cuyahoga, Ohio, Hospital Improvement and Refunding Revenue Bonds, 2006 at 102 AAA Aaa
Series 1996A (University Hospitals Health System, Inc. Project), 5.625% Due
1/15/26.
500,000 City of Dayton, Ohio, Airport Revenue Refunding Bonds, Series 1995 (James 2005 at 101 AAA Aaa
M. Cox Dayton International Airport), 5.25% Due 12/1/15.
500,000 County of Mahoning, Ohio, Hospital Improvement Revenue Bonds, Series 1995 2005 at 102 AAA Aaa
(Western Reserve Care System Project), 5.50% Due 10/15/25.
500,000 Marysville (Ohio), Exempted Village School District, General Obligation 2005 at 101 AAA Aaa
School Improvement Bonds, 5.75% Due 12/1/23.
500,000 Upper Arlington City School District, Franklin County, Ohio, School 2006 at 101 AAA Aaa
Building Improvement Bonds, 5.125% Due 12/1/19. (General Obligation Bonds.)
----------------------------------------------------------------------------------------------------------------
$ 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 09/06/96.
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 $ 100.45 4.90 % 5.29% 5.34% 5.32% 5.37% 5.34% 5.39 %
500 / $50,000 100.29 4.75 5.29 5.35 5.33 5.38 5.35 5.40
1,000 / $100,000 100.03 4.50 5.31 5.37 5.34 5.40 5.36 5.42
2,500 / $250,000 99.77 4.25 5.32 5.39 5.35 5.42 5.37 5.44
5,000 / $500,000 98.99 3.50 5.36 5.45 5.40 5.48 5.42 5.50
10,000 / $1,000,000 98.48 3.00 5.39 5.49 5.42 5.52 5.44 5.54
25,000 / $2,500,000 97.98 2.50 5.42 5.52 5.45 5.55 5.47 5.57
50,000 / $5,000,000 97.48 2.00 5.45 5.56 5.48 5.59 5.50 5.61
</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 32.5% 36.0% 41.0% 44.0%
<C> <S> <C> <C> <C> <C>
5.29 % 7.84% 8.27% 8.97% 9.45 %
5.29 7.84 8.27 8.97 9.45
5.31 7.87 8.30 9.00 9.48
5.32 7.88 8.31 9.02 9.50
5.36 7.94 8.38 9.08 9.57
5.39 7.99 8.42 9.14 9.63
5.42 8.03 8.47 9.19 9.68
5.45 8.07 8.52 9.24 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
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 $ .3242
Monthly plan 11/15/96 .4422 $ 5.3097
Quarterly plan 11/15/96 .4449
2/15/97 1.3347 5.3417
Semi-annual plan 11/15/96 .4467
5/15/97 2.6802 5.3607
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.49 = 99.512
investment offering price # of units
(as of and accrued purchased
09/06/96) interest
99.512 X $5.3097 = $528.38
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN PENNSYLVANIA NUVEEN
INSURED UNIT TRUST 216 888
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
All bonds in this Unit Trust are insured by MBIA For the tax-sensitive, conservative investor.
Insurance Corporation. As a result, the bonds are - Double Tax-Free
rated Aaa by Moody's Investors Service, Inc. and - Dependable Income
both the bonds and the Units are rated AAA by - Diversified Portfolios
Standard & Poor's, the highest rating given by - Top-Rated Municipal Bonds
each agency. DATE OF DEPOSIT: September 9, 1996
ESTIMATED CURRENT RETURN:
5.26 - 5.48%
ESTIMATED LONG-TERM RETURN:
5.33 - 5.60%
</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 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.73 to $97.75 depending on the purchase amount
Cusip 6706H8 704 monthly payment plan
Numbers 6706H8 712 quarterly payment plan
6706H8 720 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)
2015-17 27.0%
2018-20 28.6%
2021-23 30.1%
2024-26 0.0%
2027+ 14.3%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 09/06/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.26%
Tax Equivalent Yield 8.48%
Treasury Bonds
Yield 7.15%
Tax Equivalent Yield 7.36%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.99%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 09/05/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 8/31/96. 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.
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 Pennsylvania Higher Educational Facilities Authority (Commonwealth of Penn- 2006 at 101 AAA Aaa
sylvania), The University of Pennsylvania Health Services, Revenue Bonds,
Series A of 1996, 5.75% Due 1/1/22.
420,000 State Public School Building Authority (Commonwealth of Pennsylvania), 2005 at 100 AAA Aaa
College Revenue Bonds (Westmoreland County Community College Project),
Series F of 1995, 5.50% Due 10/15/15.
400,000 Township of Bensalem, Bucks County, Pennsylvania, General Obligation Bonds, 2006 at 100 AAA Aaa
Series of 1996, 5.75% Due 12/1/16.
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.
155,000 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 City of Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, 2005 at 102 AAA Aaa
Series 1995, 5.60% Due 8/1/18.
400,000 Pittsburgh (Pennsylvania), Water and Sewer Authority, Water and Sewer 2005 at 100 AAA Aaa
System First Lien Revenue Bonds, Series A of 1995, 5.60% Due 9/1/22.
500,000 West Mifflin Sanitary Sewer Municipal Authority (Allegheny County, 2006 at 100 AAA Aaa
Pennsylvania), Guaranteed Sewer Revenue Bonds, Series of 1996, 5.75% Due
8/1/20.
125,000 Municipal Authority of Westmoreland County (Westmoreland County, No Optional AAA Aaa
Pennsylvania), Municipal Service Revenue Bonds, Series C of 1993, 0.00% Due Call
8/15/16. (Original issue discount bonds delivered on or about November 9,
1993 at a price of 27.816% of principal amount.)
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 9 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 09/06/96.
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 $ 100.73 4.90 % 5.26% 5.33% 5.30% 5.35% 5.31% 5.37 %
500 / $50,000 100.57 4.75 5.27 5.33 5.30 5.36 5.32 5.38
1,000 / $100,000 100.30 4.50 5.29 5.36 5.32 5.39 5.34 5.41
2,500 / $250,000 100.04 4.25 5.30 5.37 5.33 5.40 5.35 5.42
5,000 / $500,000 99.26 3.50 5.34 5.44 5.37 5.47 5.39 5.48
10,000 / $1,000,000 98.75 3.00 5.37 5.47 5.40 5.50 5.42 5.52
25,000 / $2,500,000 98.25 2.50 5.40 5.51 5.43 5.54 5.45 5.56
50,000 / $5,000,000 97.75 2.00 5.42 5.55 5.46 5.58 5.48 5.60
</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 30.0% 33.0% 38.0% 41.5%
<C> <S> <C> <C> <C> <C>
5.26 % 7.51% 7.85% 8.48% 8.99 %
5.27 7.53 7.87 8.50 9.01
5.29 7.56 7.90 8.53 9.04
5.30 7.57 7.91 8.55 9.06
5.34 7.63 7.97 8.61 9.13
5.37 7.67 8.01 8.66 9.18
5.40 7.71 8.06 8.71 9.23
5.42 7.74 8.09 8.74 9.26
</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 $ .3238
Monthly plan 11/15/96 .4416 $ 5.3024
Quarterly plan 11/15/96 .4443
2/15/97 1.3329 5.3344
Semi-annual plan 11/15/96 .4461
5/15/97 2.6766 5.3534
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.77 = 99.235
investment offering price # of units
(as of and accrued purchased
09/06/96) interest
99.235 X $5.3024 = $526.18
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
