<PAGE>
NUVEEN
NUVEEN CONNECTICUT
TRADITIONAL UNIT TRUST 283 891
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.13 - 5.34% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.19 - 5.46% - Dependable Income
DATE OF DEPOSIT: September 18, 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 24.3 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.96 to $97.97 depending on the purchase amount
Cusip 67064X 190 monthly payment plan
Numbers 67064X 208 quarterly payment plan
67064X 216 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 86%
AA 14
---------
100%
Registration Registered in Connecticut
</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 28.6%
2016-19 14.3%
2020-23 14.3%
2024+ 42.8%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 09/17/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.13%
Tax Equivalent Yield 8.41%
Treasury Bonds
Yield 6.94%
Tax Equivalent Yield 7.27%
Corporate Bonds
Yield 7.99%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 09/16/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 8/31/96. ASSUMES 39.0%
FEDERAL AND STATE INCOME TAX RATE AND A 4.5% 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 CONNECTICUT 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 State of Connecticut, General Obligation Bonds (1996 Series B), 5.125% Due AA- Aa
8/15/12. 2006 at 100
500,000 State of Connecticut, Health and Educational Facilities Authority, Revenue AAA --
Bonds, Bridgeport Hospital Issue, Series C, 5.375% Due 7/1/25. (Connie Lee
Insured.) 2006 at 102
500,000 State of Connecticut, Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Kent School Issue, Series B, 5.40% Due 7/1/23. (MBIA Insured.) 2005 at 101
500,000 State of Connecticut, Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Trinity College Issue, Series E, 5.875% Due 7/1/26. (MBIA Insured.) 2006 at 102
500,000 State of Connecticut, Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Yale-New Haven Hospital Issue, Series H, 5.70% Due 7/1/25. (MBIA
Insured.) 2006 at 102
500,000 Connecticut Municipal Electric Energy Cooperative, Power Supply System AAA Aaa
Revenue Bonds, 1993 Series A, 5.00% Due 1/1/18. (MBIA Insured.) 2004 at 102
500,000 Town of Hamden, Connecticut, General Obligation Bonds, 5.50% Due 8/15/15. AAA Aaa
(MBIA Insured.) 2006 at 101
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 09/17/96.
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 $ 100.96 4.90 % 5.13% 5.19% 5.16% 5.22% 5.18% 5.24 %
500 / $50,000 100.80 4.75 5.14 5.19 5.17 5.22 5.19 5.24
1,000 / $100,000 100.53 4.50 5.15 5.22 5.18 5.25 5.20 5.27
2,500 / $250,000 100.27 4.25 5.17 5.23 5.20 5.26 5.22 5.28
5,000 / $500,000 99.49 3.50 5.21 5.30 5.24 5.32 5.26 5.35
10,000 / $1,000,000 98.98 3.00 5.23 5.33 5.26 5.36 5.28 5.38
25,000 / $2,500,000 98.47 2.50 5.26 5.37 5.29 5.40 5.31 5.42
50,000 / $5,000,000 97.97 2.00 5.29 5.41 5.32 5.44 5.34 5.46
</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 31.0% 34.0% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
5.13 % 7.43% 7.77% 8.41% 8.92 %
5.14 7.45 7.79 8.43 8.94
5.15 7.46 7.80 8.44 8.96
5.17 7.49 7.83 8.48 8.99
5.21 7.55 7.89 8.54 9.06
5.23 7.58 7.92 8.57 9.10
5.26 7.62 7.97 8.62 9.15
5.29 7.67 8.02 8.67 9.20
</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
11/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 11/15/96 $ .6183
Monthly plan 12/15/96 .4314 $ 5.1792
Quarterly plan 2/15/97 1.3023
5/15/97 1.3023 5.2112
Semi-annual plan 5/15/97 2.6136
11/15/97 2.6136 5.2302
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.03 = 98.980
investment offering price # of units
(as of and accrued purchased
09/17/96) interest
98.980 X $5.1792 = $512.64
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN CALIFORNIA NUVEEN
INSURED UNIT TRUST 273 891
- --------------------------------------------------------------------------------
<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 18, 1996
ESTIMATED CURRENT RETURN:
5.21 - 5.42%
ESTIMATED LONG-TERM RETURN:
5.28 - 5.55%
</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 25.5 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.70 to $97.72 depending on the purchase amount
Cusip 67065A 108 monthly payment plan
Numbers 67065A 116 quarterly payment plan
67065A 124 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)
2016-19 17.4%
2020-23 37.4%
2024+ 45.2%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 09/17/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.21%
Tax Equivalent Yield 8.98%
Treasury Bonds
Yield 6.94%
Tax Equivalent Yield 7.65%
Corporate Bonds
Yield 7.99%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 09/16/96 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 Statewide Communities Development Authority, Certificates of 2005 at 102 AAA Aaa
Participation (Sutter Health Obligated Group), 6.00% Due 8/15/25.
310,000 California State University, Sacramento Student Union Refunding Revenue 2005 at 102 AAA Aaa
Bonds, Series C, 5.625% Due 3/1/21.
100,000 San Diego State University (California), Student Union Revenue Bonds, 2004 at 102 AAA Aaa
Series B, 6.125% Due 11/1/24.
110,000 Encinitas Union School District (San Diego County, California), General No Optional AAA Aaa
Obligation Bonds, Election of 1996, Series 1996, 0.00% Due 8/1/16. Call
(Original issue discount bonds delivered on or about August 22, 1996 at a
price of 31.668% of principal amount.)
175,000 The City of Los Angeles, California, Wastewater System Revenue Bonds, 2004 at 102 AAA Aaa
Series 1994-A, 5.875% Due 6/1/24.
305,000 County of Orange, California, 1996 Recovery Certificates of Participation, 2006 at 102 AAA Aaa
Series A, 6.00% Due 7/1/26.
500,000 Palm Desert Financing Authority, California, Tax Allocation Revenue Bonds 2005 at 102 AAA Aaa
(Project Area No. 1, As Amended), Series 1995, 5.85% Due 4/1/25.
500,000 Saddleback Community College District (Orange County, California), 2006 at 102 AAA Aaa
Certificates of Participation (1996 Capital Improvement Financing Project),
5.50% Due 6/1/21. (Original issue discount bonds delivered on or about June
4, 1996 at a price of 94.555% of principal amount.)
500,000 Sunnyvale Elementary School District (Santa Clara County, California), 1996 2004 at 101 AAA Aaa
General Obligation Bonds, Series 1996A, 5.70% Due 9/1/20.
500,000 City of Walnut Creek, California, Certificates of Participation, Refunding 2004 at 102 AAA Aaa
Series 1994 (John Muir Medical Center), 5.00% Due 2/15/16.
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 10 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 09/17/96.
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 $ 100.70 4.90 % 5.21% 5.28% 5.25% 5.30% 5.26% 5.32 %
500 / $50,000 100.55 4.75 5.22 5.28 5.25 5.31 5.27 5.33
1,000 / $100,000 100.28 4.50 5.24 5.31 5.27 5.34 5.29 5.36
2,500 / $250,000 100.02 4.25 5.25 5.32 5.28 5.35 5.30 5.37
5,000 / $500,000 99.24 3.50 5.29 5.38 5.32 5.41 5.34 5.43
10,000 / $1,000,000 98.73 3.00 5.32 5.42 5.35 5.45 5.37 5.47
25,000 / $2,500,000 98.23 2.50 5.34 5.46 5.38 5.49 5.40 5.51
50,000 / $5,000,000 97.72 2.00 5.37 5.49 5.41 5.53 5.42 5.55
</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>
5.21 % 7.95% 8.34% 8.98% 9.47 %
5.22 7.97 8.35 9.00 9.49
5.24 8.00 8.38 9.03 9.53
5.25 8.02 8.40 9.05 9.55
5.29 8.08 8.46 9.12 9.62
5.32 8.12 8.51 9.17 9.67
5.34 8.15 8.54 9.21 9.71
5.37 8.20 8.59 9.26 9.76
</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
11/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 11/15/96 $ .6269
Monthly plan 12/15/96 .4374 $ 5.2499
Quarterly plan 2/15/97 1.3203
5/15/97 1.3203 5.2819
Semi-annual plan 5/15/97 2.6496
11/15/97 2.6496 5.3009
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
09/17/96) interest
99.235 X $5.2499 = $520.97
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN NEW YORK NUVEEN
INSURED UNIT TRUST 258 891
- --------------------------------------------------------------------------------
<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 18, 1996
ESTIMATED CURRENT RETURN:
5.14 - 5.35%
ESTIMATED LONG-TERM RETURN:
5.18 - 5.46%
</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 24.3 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.56 to $98.55 depending on the purchase amount
Cusip 67102K 259 monthly payment plan
Numbers 67102K 267 quarterly payment plan
67102K 275 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)
2014-17 28.6%
2018-21 28.5%
2022-25 14.3%
2026+ 28.6%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 09/17/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.14%
Tax Equivalent Yield 8.64%
Treasury Bonds
Yield 6.94%
Tax Equivalent Yield 7.47%
Corporate Bonds
Yield 7.99%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 09/16/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 8/31/96. 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.
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>
----------------------------------------------------------------------------------------------------------------
$ 500,000 Dormitory Authority of the State of New York, City University System 2006 at 102 AAA Aaa
Consolidated Third General Resolution Bonds, 1996 Series 2, 6.00% Due
7/1/26.
500,000 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.)
500,000 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.
500,000 New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, 2005 at 102 AAA Aaa
Series 1995B, 5.125% Due 4/1/15. (Original issue discount bonds delivered
on or about November 28, 1995 at a price of 94.65% of principal amount.)
500,000 The City of New York, New York, General Obligation Bonds, Fiscal 1997 2006 at 101 AAA Aaa
Series C, 6.00% Due 2/1/22. 1/2
500,000 New York City (New York), Municipal Water Finance Authority, Water and 2006 at 101 AAA Aaa
Sewer System Revenue Bonds, Fiscal 1996 Series B, 5.75% Due 6/15/26.
(Original issue discount bonds delivered on or about May 16, 1996 at a
price of 93.892% of principal amount.)
500,000 Triborough Bridge and Tunnel Authority (New York), General Purpose Revenue No Optional AAA Aaa
Bonds, Series 1994A, 4.75% Due 1/1/14. Call
----------------------------------------------------------------------------------------------------------------
$ 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 09/17/96.
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 $ 101.56 4.90 % 5.14% 5.18% 5.17% 5.22% 5.19% 5.24 %
500 / $50,000 101.40 4.75 5.15 5.18 5.18 5.23 5.20 5.24
1,000 / $100,000 101.13 4.50 5.16 5.21 5.20 5.25 5.21 5.27
2,500 / $250,000 100.87 4.25 5.18 5.22 5.21 5.26 5.23 5.28
5,000 / $500,000 100.08 3.50 5.22 5.29 5.25 5.32 5.27 5.35
10,000 / $1,000,000 99.57 3.00 5.25 5.32 5.28 5.36 5.30 5.38
25,000 / $2,500,000 99.06 2.50 5.27 5.36 5.30 5.40 5.32 5.42
50,000 / $5,000,000 98.55 2.00 5.30 5.40 5.33 5.44 5.35 5.46
</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 33.0% 36.0% 40.5% 44.0%
<C> <S> <C> <C> <C> <C>
5.14 % 7.67% 8.03% 8.64% 9.18 %
5.15 7.69 8.05 8.66 9.20
5.16 7.70 8.06 8.67 9.21
5.18 7.73 8.09 8.71 9.25
5.22 7.79 8.16 8.77 9.32
5.25 7.84 8.20 8.82 9.38
5.27 7.87 8.23 8.86 9.41
5.30 7.91 8.28 8.91 9.46
</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
11/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 11/15/96 $ .6235
Monthly plan 12/15/96 .4350 $ 5.2229
Quarterly plan 2/15/97 1.3131
5/15/97 1.3131 5.2549
Semi-annual plan 5/15/97 2.6352
11/15/97 2.6352 5.2739
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.63 = 98.396
investment offering price # of units
(as of and accrued purchased
09/17/96) interest
98.396 X $5.2229 = $513.91
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
