<PAGE>
NUVEEN FLORIDA NUVEEN
INSURED UNIT TRUST 235 894
- --------------------------------------------------------------------------------
<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 - 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: October 7, 1996
ESTIMATED CURRENT RETURN:
4.99 - 5.20%
ESTIMATED LONG-TERM RETURN:
5.08 - 5.35%
</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 27.0 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $98.81 to $95.89 depending on the purchase amount
Cusip 6706H4 851 monthly payment plan
Numbers 6706H4 869 quarterly payment plan
6706H4 877 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)
2014-16 2.1%
2017-19 14.3%
2020-22 24.3%
2023-25 33.6%
2026+ 25.7%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 10/04/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 4.99%
Tax Equivalent Yield 7.80%
Treasury Bonds
Yield 6.83%
Tax Equivalent Yield
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.65%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 10/03/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 10/03/96. 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.
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 Canaveral Port Authority (Florida), Port Improvement Revenue Refunding 2006 at 102 AAA Aaa
Bonds, Series 1996B, 5.625% Due 6/1/21.
500,000 Okeechobee Utility Authority (Florida), Utility System Acquisition and 2005 at 102 AAA Aaa
Improvement Revenue Bonds, Series 1995, 5.60% Due 10/1/25.
500,000 Port of Palm Beach District (Palm Beach County, Florida), Revenue 2006 at 101 AAA Aaa
Improvement Bonds, Series 1996 A, 5.50% Due 9/1/19. (When issued.)
75,000 The School Board of Seminole County, Florida, Certificates of 2005 at 101 AAA Aaa
Participation, Series 1995A, 5.125% Due 7/1/15.
500,000 City of Sunrise, Florida, Utility System Revenue Bonds, Series 1996A, 5.75% 2006 at 101 AAA Aaa
Due 10/1/26.
250,000 City of Tampa, Florida, Utilities Tax Improvement Bonds, Series 1996, 0.00% No Optional AAA Aaa
Due 4/1/21. (Original issue discount bonds delivered on or about July 2, Call
1996 at a price of 21.962% of principal amount.)
400,000 Volusia County Educational Facilities Authority (Florida), Educational 2006 at 102 AAA Aaa
Facilities Revenue Bonds (Stetson University, Inc. Project), Series 1996A,
5.50% Due 6/1/26. (When issued.)
100,000 Volusia County Educational Facilities Authority (Florida), Educational 2006 at 102 AAA Aaa
Facilities Refunding Revenue Bonds (Stetson University, Inc. Project),
Series 1996B, 5.50% Due 6/1/22. (When issued.)
175,000 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 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 10/04/96.
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 $ 98.81 4.90 % 4.99% 5.08% 5.02% 5.12% 5.04% 5.14 %
500 / $50,000 98.66 4.75 5.00 5.08 5.03 5.12 5.05 5.14
1,000 / $100,000 98.40 4.50 5.01 5.11 5.05 5.15 5.07 5.17
2,500 / $250,000 98.14 4.25 5.03 5.12 5.06 5.16 5.08 5.18
5,000 / $500,000 97.38 3.50 5.07 5.18 5.10 5.22 5.12 5.24
10,000 / $1,000,000 96.88 3.00 5.09 5.21 5.12 5.26 5.14 5.27
25,000 / $2,500,000 96.38 2.50 5.12 5.25 5.15 5.29 5.17 5.31
50,000 / $5,000,000 95.89 2.00 5.14 5.29 5.18 5.33 5.20 5.35
</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>
4.99 % 6.93% 7.23% 7.80% 8.26 %
5.00 6.94 7.25 7.81 8.28
5.01 6.96 7.26 7.83 8.29
5.03 6.99 7.29 7.86 8.33
5.07 7.04 7.35 7.92 8.39
5.09 7.07 7.38 7.95 8.43
5.12 7.11 7.42 8.00 8.48
5.14 7.14 7.45 8.03 8.51
</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 $ .3288
Monthly plan 12/15/96 .4110 $ 4.9331
Quarterly plan 2/15/97 1.2411
5/15/97 1.2411 4.9651
Semi-annual plan 5/15/97 2.4912
11/15/97 2.4912 4.9841
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 98.85 = 101.163
investment offering price # of units
(as of and accrued purchased
10/04/96) interest
101.163 X $4.9331 = $499.05
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN GEORGIA NUVEEN
INSURED UNIT TRUST 53 894
- --------------------------------------------------------------------------------
<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: October 7, 1996
ESTIMATED CURRENT RETURN:
4.94 - 5.14%
ESTIMATED LONG-TERM RETURN:
4.95 - 5.23%
</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 24.4 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $102.31 to $99.29 depending on the purchase amount
Cusip 67102H 108 monthly payment plan
Numbers 67102H 116 quarterly payment plan
67102H 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 Georgia
</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 25.0%
2018-20 28.6%
2021-23 14.3%
2024+ 32.1%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 10/04/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 4.94%
Tax Equivalent Yield 8.23%
Treasury Bonds
Yield 6.83%
Tax Equivalent Yield 7.27%
Corporate Bonds
Yield 7.65%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 10/03/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 10/03/96. ASSUMES 40.0%
FEDERAL AND STATE INCOME TAX RATE AND A 6% 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 GEORGIA 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 Municipal Electric Authority of Georgia, Power Revenue Bonds, Series CC, 2004 at 102 AAA Aaa
4.75% Due 1/1/19. (Original issue discount bonds delivered on or about
December 29, 1993 at a price of 91.50% of principal amount.)
500,000 City of Atlanta, Georgia, Water and Sewerage Revenue Bonds, Series 1993, 2004 at 102 AAA Aaa
5.00% Due 1/1/15.
500,000 Cherokee County (Georgia), Water and Sewerage Authority, Water and Sewerage No Optional AAA Aaa
Revenue Bonds, Refunding and Improvements Series 1993, 5.50% Due 8/1/23. Call
500,000 Cobb-Marietta Coliseum and Exhibit Hall Authority (Georgia), Revenue No Optional AAA Aaa
Refunding Bonds, Series 1993, 5.625% Due 10/1/26. Call
500,000 DeKalb County, Georgia, General Obligation Refunding Bonds, 5.25% Due 2004 at 102 AAA Aaa
1/1/20.
300,000 Development Authority of DeKalb County (Georgia), Tax-Exempt Revenue Bonds 2005 at 101 AAA Aaa
(Emory University Project), Series 1995A, 5.375% Due 11/1/25.
375,000 Newton County School District (Georgia), General Obligation Bonds, Series 2006 at 102 AAA Aaa
1996, 5.625% Due 2/1/16.
325,000 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 10/04/96.
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 $ 102.31 4.90 % 4.94% 4.95% 4.97% 4.99% 4.99% 5.01 %
500 / $50,000 102.15 4.75 4.95 4.96 4.98 5.00 5.00 5.02
1,000 / $100,000 101.88 4.50 4.96 4.98 4.99 5.02 5.01 5.04
2,500 / $250,000 101.62 4.25 4.97 5.00 5.01 5.04 5.02 5.06
5,000 / $500,000 100.83 3.50 5.01 5.06 5.04 5.10 5.06 5.12
10,000 / $1,000,000 100.31 3.00 5.04 5.09 5.07 5.13 5.09 5.15
25,000 / $2,500,000 99.79 2.50 5.07 5.13 5.10 5.17 5.12 5.19
50,000 / $5,000,000 99.29 2.00 5.09 5.17 5.12 5.21 5.14 5.23
</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% 35.0% 40.0% 43.0%
<C> <S> <C> <C> <C> <C>
4.94 % 7.32% 7.60% 8.23% 8.67 %
4.95 7.33 7.62 8.25 8.68
4.96 7.35 7.63 8.27 8.70
4.97 7.36 7.65 8.28 8.72
5.01 7.42 7.71 8.35 8.79
5.04 7.47 7.75 8.40 8.84
5.07 7.51 7.80 8.45 8.89
5.09 7.54 7.83 8.48 8.93
</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 $ .3369
Monthly plan 12/15/96 .4212 $ 5.0548
Quarterly plan 2/15/97 1.2717
5/15/97 1.2717 5.0868
Semi-annual plan 5/15/97 2.5524
11/15/97 2.5524 5.1058
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 102.35 = 97.703
investment offering price # of units
(as of and accrued purchased
10/04/96) interest
97.703 X $5.0548 = $493.87
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN PENNSYLVANIA NUVEEN
INSURED UNIT TRUST 217 894
- --------------------------------------------------------------------------------
<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: October 7, 1996
ESTIMATED CURRENT RETURN:
5.04 - 5.25%
ESTIMATED LONG-TERM RETURN:
5.09 - 5.35%
</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 28.1 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.59 to $97.61 depending on the purchase amount
Cusip 6706H8 738 monthly payment plan
Numbers 6706H8 746 quarterly payment plan
6706H8 753 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)
2016-20 14.2%
2021-25 42.9%
2026+ 42.9%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 10/04/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.04%
Tax Equivalent Yield 8.13%
Treasury Bonds
Yield 6.83%
Tax Equivalent Yield 7.03%
Corporate Bonds
Yield 7.65%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 10/03/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 10/03/96. 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.
500,000 Allegheny County Hospital Development Authority (Pennsylvania), Health 2005 at 102 AAA Aaa
Center Revenue Bonds, Series of 1995 (University of Pittsburgh Medical
Center System), 5.375% Due 12/1/25.
250,000 County of Berks, Pennsylvania, General Obligation Bonds, Second Series of No Optional AAA Aaa
1993, 0.00% Due 5/15/16. (Original issue discount bonds delivered on or Call
about November 10, 1993 at a price of 28.838% of principal amount.)
500,000 Lehigh County Industrial Development Authority, Pollution Control Revenue 2005 at 102 AAA Aaa
Refunding Bonds, 1995 Series A (Pennsylvania Power & Light Company
Project), 6.15% Due 8/1/29.
500,000 Luzerne County Flood Protection Authority (Pennsylvania), Guaranteed Flood 2006 at 100 AAA Aaa
Protection Bonds, Series of 1996, 5.65% Due 7/15/26. (General Obligation
Bonds.)
250,000 City of Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, 2005 at 102 AAA Aaa
Series 1995, 5.60% Due 8/1/18.
500,000 Pittsburgh (Pennsylvania), Water and Sewer Authority, Water and Sewer 2005 at 100 AAA Aaa
System First Lien Revenue Bonds, Series A of 1995, 5.65% Due 9/1/25.
500,000 West Mifflin Sanitary Sewer Municipal Authority (Allegheny County, 2006 at 100 AAA Aaa
Pennsylvania), Guaranteed Sewer Revenue Bonds, Series of 1996, 5.80% Due
8/1/26.
----------------------------------------------------------------------------------------------------------------
$ 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 10/04/96.
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 $ 100.59 4.90 % 5.04% 5.09% 5.07% 5.12% 5.09% 5.14 %
500 / $50,000 100.43 4.75 5.05 5.10 5.08 5.13 5.10 5.15
1,000 / $100,000 100.17 4.50 5.06 5.12 5.09 5.15 5.11 5.17
2,500 / $250,000 99.91 4.25 5.07 5.14 5.11 5.17 5.12 5.19
5,000 / $500,000 99.13 3.50 5.11 5.19 5.15 5.22 5.16 5.24
10,000 / $1,000,000 98.62 3.00 5.14 5.23 5.17 5.26 5.19 5.28
25,000 / $2,500,000 98.11 2.50 5.17 5.27 5.20 5.30 5.22 5.31
50,000 / $5,000,000 97.61 2.00 5.19 5.30 5.23 5.33 5.25 5.35
</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>
5.04 % 7.20% 7.52% 8.13% 8.62 %
5.05 7.21 7.54 8.15 8.63
5.06 7.23 7.55 8.16 8.65
5.07 7.24 7.57 8.18 8.67
5.11 7.30 7.63 8.24 8.74
5.14 7.34 7.67 8.29 8.79
5.17 7.39 7.72 8.34 8.84
5.19 7.41 7.75 8.37 8.87
</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 $ .3379
Monthly plan 12/15/96 .4224 $ 5.0688
Quarterly plan 2/15/97 1.2744
5/15/97 1.2744 5.1008
Semi-annual plan 5/15/97 2.5596
11/15/97 2.5596 5.1198
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.63 = 99.373
investment offering price # of units
(as of and accrued purchased
10/04/96) interest
99.373 X $5.0688 = $503.70
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
