<PAGE>
NUVEEN NATIONAL NUVEEN
INSURED UNIT TRUST 330 895
- --------------------------------------------------------------------------------
<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 16, 1996
ESTIMATED CURRENT RETURN:
5.21 - 5.42%
ESTIMATED LONG-TERM RETURN:
5.26 - 5.53%
</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 but may
be subject to state and local tax. Capital gains
are taxable.
Total Principal $10,000,000 in 100,000 units
Average Life 26.6 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.80 to $96.85 depending on the purchase amount
Cusip 6710A5 311 monthly payment plan
Numbers 6710A5 329 quarterly payment plan
6710A5 337 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 all states
</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>
- --------------------------------------------------------------------------------
PORTFOLIO INCOME DIVERSIFICATION
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Alabama 10.3 % California 10.6 % Illinois 21.2 %
Louisiana 10.3 New York 10.6 Ohio 10.4
Pennsylvania 10.4 Texas 1.0 Washington 15.2
</TABLE>
<TABLE>
<S> <C>
MATURITY DATES (Descrtiption of Chart)
2017-19 24.8%
2020-22 21.0%
</TABLE>
<PAGE>
<TABLE>
<S> <C>
2023-25 24.3%
2026+ 29.9%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 10/15/96*
(Descrition of Yield Comparison Chart)
Nuveen UIT
Yield 5.21%
Tax Equivalent Yield 8.14%
Treasury Bonds
Yield 6.84%
Tax Equivalent Yield 7.20%
Corporate Bonds
Yield 7.63%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 10/11/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 10/11/96. ASSUMES 36.0%
FEDERAL AND 5.0% STATE INCOME TAX RATES. 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 NATIONAL 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>
----------------------------------------------------------------------------------------------------------------
$ 975,000 The Health Care Authority of Lauderdale County and the City of Florence, AAA Aaa
Alabama, Revenue Refunding Bonds, Series 1996 (Eliza Coffee Memorial
Hospital), 5.75% Due 7/1/19. 2006 at 102
1,000,000 California State University, Long Beach Student Union Revenue Bonds, Series AAA Aaa
B, 5.75% Due 11/1/26. (When issued.) 2006 at 102
1,000,000 The County of Cook, Illinois, General Obligation Capital Improvement Bonds, AAA Aaa
Series 1996, 5.875% Due 11/15/22. 2006 at 101
425,000 Metropolitan Pier and Exposition Authority (Illinois), McCormick Place AAA Aaa
Expansion Project Refunding Bonds, Series 1996A, 0.00% Due 12/15/23.
(Original issue discount bonds delivered on or about October 8, 1996 at a
price of 19.015% of principal amount.) No Optional
Call
1,000,000 The Board of Trustees of the University of Illinois, University of Illinois AAA Aaa
Auxiliary Facilities System Revenue Bonds, Series 1996, 5.60% Due 10/1/22. 2006 at 102
1,000,000 Ernest N. Morial-New Orleans (Louisiana), Exhibition Hall Authority, AAA Aaa
Special Tax Bonds, Series 1996-C, 5.60% Due 7/15/25. 2006 at 101
1,000,000 New York City (New York), Municipal Water Finance Authority, Water and 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.) 2006 at 101
1,000,000 County of Cuyahoga, Ohio, Hospital Improvement and Refunding Revenue Bonds, AAA Aaa
Series 1996A (University Hospitals Health System, Inc. Project), 5.625% Due
1/15/26. 2006 at 102
1,000,000 Pittsburgh (Pennsylvania), Water and Sewer Authority, Water and Sewer AAA Aaa
System First Lien Revenue Bonds, Series A of 1995, 5.65% Due 9/1/25. 2005 at 100
100,000 North Central Texas Health Facilities Development Corporation, Hospital AAA Aaa
Revenue Bonds (Presbyterian Healthcare System Project), Series 1996B, 5.50%
Due 6/1/21. (When issued.) 2006 at 102
1,500,000 Washington Public Power Supply System, Nuclear Project No. 1 Refunding AAA Aaa
Revenue Bonds, Series 1996A, 5.50% Due 7/1/17. (When issued.) 2006 at 102
----------------------------------------------------------------------------------------------------------------
$10,000,000 TOTAL 11 BONDS FROM 9 STATES
</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 10/15/96.
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 $ 99.80 4.90 % 5.21% 5.26% 5.24% 5.29% 5.26% 5.31 %
500 / $50,000 99.64 4.75 5.21 5.27 5.25 5.30 5.27 5.32
1,000 / $100,000 99.38 4.50 5.23 5.29 5.26 5.32 5.28 5.34
2,500 / $250,000 99.12 4.25 5.24 5.31 5.27 5.34 5.29 5.36
5,000 / $500,000 98.35 3.50 5.28 5.37 5.31 5.39 5.33 5.42
10,000 / $1,000,000 97.85 3.00 5.31 5.40 5.34 5.43 5.36 5.45
25,000 / $2,500,000 97.34 2.50 5.34 5.44 5.37 5.47 5.39 5.49
50,000 / $5,000,000 96.85 2.00 5.36 5.48 5.40 5.51 5.42 5.53
</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
UNIT TRUST tax bracket)
RETURN 28.0% 31.0% 36.0% 39.6%
<C> <S> <C> <C> <C> <C>
5.21 % 7.24% 7.55% 8.14% 8.63%
5.21 7.24 7.55 8.14 8.63
5.23 7.26 7.58 8.17 8.66
5.24 7.28 7.59 8.19 8.68
5.28 7.33 7.65 8.25 8.74
5.31 7.38 7.70 8.30 8.79
5.34 7.42 7.74 8.34 8.84
5.36 7.44 7.77 8.38 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
12/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 12/15/96 $ .6493
Monthly plan 1/15/97 .4329 $ 5.1950
Quarterly plan 2/15/97 .8706
5/15/97 1.3059 5.2270
Semi-annual plan 5/15/97 2.1855
11/15/97 2.6226 5.2460
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 99.87 = 100.130
investment offering price # of units
(as of and accrued purchased
10/15/96) interest
100.130 X $5.1950 = $520.18
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN CALIFORNIA NUVEEN
INSURED UNIT TRUST 275 895
- --------------------------------------------------------------------------------
<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 16, 1996
ESTIMATED CURRENT RETURN:
5.09 - 5.30%
ESTIMATED LONG-TERM RETURN:
5.13 - 5.39%
</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 27.1 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.17 to $98.17 depending on the purchase amount
Cusip 67065A 165 monthly payment plan
Numbers 67065A 173 quarterly payment plan
67065A 181 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)
2016-20 28.6%
2021-25 42.8%
2026+ 28.6%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 10/15/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.09%
Tax Equivalent Yield 8.78%
Treasury Bonds
Yield 6.84%
Tax Equivalent Yield 7.54%
Corporate Bonds
Yield 7.63%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 10/11/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 10/11/96. 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 State of California, Various Purpose General Obligation Bonds, 5.25% Due 2005 at 101 AAA Aaa
10/1/20. (Original issue discount bonds delivered on or about November 7,
1995 at a price of 92.795% of principal amount.)
500,000 California Health Facilities Financing Authority, Insured Hospital Revenue 2006 at 102 AAA Aaa
Refunding Bonds (Children's Hospital-San Diego), Series 1996, 5.375% Due
7/1/16.
500,000 California State University, Long Beach Student Union Revenue Bonds, Series 2006 at 102 AAA Aaa
B, 5.75% Due 11/1/26. (When issued.)
500,000 State of California, Department of Water Resources, Central Valley Project, 2005 at 101 AAA Aaa
Water System Revenue Bonds, Series O, 4.75% Due 12/1/25. (Original issue
discount bonds delivered on or about December 20, 1995 at a price of
91.786% of principal amount.)
500,000 County of Sacramento (California), Airport System PFC and Subordinated 2006 at 102 AAA Aaa
Revenue Bonds, Series 1996D, 5.75% Due 7/1/26. (Original issue discount
bonds delivered on or about July 2, 1996 at a price of 94.945% of principal
amount.)
500,000 The Metropolitan Water District of Southern California, Water Revenue 2005 at 102 AAA Aaa
Bonds, 1995 Series A, 5.50% Due 7/1/25. (Original issue discount bonds
delivered on or about July 13, 1995 at a price of 93.081% 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 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 10/15/96.
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 $ 101.17 4.90 % 5.09% 5.13% 5.12% 5.16% 5.14% 5.18 %
500 / $50,000 101.01 4.75 5.10 5.13 5.13 5.16 5.15 5.18
1,000 / $100,000 100.74 4.50 5.11 5.16 5.14 5.19 5.16 5.20
2,500 / $250,000 100.48 4.25 5.13 5.17 5.16 5.20 5.18 5.22
5,000 / $500,000 99.70 3.50 5.17 5.23 5.20 5.26 5.22 5.28
10,000 / $1,000,000 99.19 3.00 5.19 5.26 5.22 5.30 5.24 5.31
25,000 / $2,500,000 98.68 2.50 5.22 5.30 5.25 5.33 5.27 5.35
50,000 / $5,000,000 98.17 2.00 5.25 5.34 5.28 5.37 5.30 5.39
</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>
5.09 % 7.77% 8.14% 8.78% 9.25 %
5.10 7.79 8.16 8.79 9.27
5.11 7.80 8.18 8.81 9.29
5.13 7.83 8.21 8.84 9.33
5.17 7.89 8.27 8.91 9.40
5.19 7.92 8.30 8.95 9.44
5.22 7.97 8.35 9.00 9.49
5.25 8.02 8.40 9.05 9.55
</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
12/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 12/15/96 $ .6435
Monthly plan 1/15/97 .4290 $ 5.1498
Quarterly plan 2/15/97 .8634
5/15/97 1.2951 5.1818
Semi-annual plan 5/15/97 2.1660
11/15/97 2.5992 5.2008
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.24 = 98.775
investment offering price # of units
(as of and accrued purchased
10/15/96) interest
98.775 X $5.1498 = $508.67
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN NEW JERSEY NUVEEN
INSURED UNIT TRUST 213 895
- --------------------------------------------------------------------------------
<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 16, 1996
ESTIMATED CURRENT RETURN:
5.02 - 5.22%
ESTIMATED LONG-TERM RETURN:
5.06 - 5.32%
</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 27.7 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.83 to $96.88 depending on the purchase amount
Cusip 6706LA 647 monthly payment plan
Numbers 6706LA 654 quarterly payment plan
6706LA 662 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)
2019-21 14.3%
2022-24 42.8%
2025+ 42.9%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 10/15/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.02%
Tax Equivalent Yield 8.37%
Treasury Bonds
Yield 6.84%
Tax Equivalent Yield 7.31%
Corporate Bonds
Yield 7.63%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 10/11/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 10/11/96. 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.
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 Educational Facilities Authority, Revenue Bonds, New Jersey 2005 at 101 AAA Aaa
Institute of Technology, Series 1995 E, 5.375% Due 7/1/20.
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
12/1/25.
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.)
500,000 The Delaware River and Bay Authority, Revenue Bonds (Delaware and New 2004 at 102 AAA Aaa
Jersey), Series 1993, 4.75% Due 1/1/24. (Original issue discount bonds
delivered on or about October 27, 1993 at a price of 94.631% of principal
amount.)
500,000 The Essex County Improvement Authority (Essex County, New Jersey), County 2006 at 102 AAA Aaa
of Essex General Obligation Lease Revenue Refunding Bonds, Series 1996
(County Jail and Youth House Projects), 5.35% Due 12/1/24.
500,000 The Board of Education of the Township of Montgomery in the County of 2006 at 100 AAA Aaa
Somerset, New Jersey, School Bonds, 5.50% Due 8/1/25. (General Obligation
Bonds.)
500,000 The Board of Education of the Township of Sparta, in the County of Sussex, 2006 at 100 AAA Aaa
New Jersey, School Bonds, 5.80% Due 9/1/24. (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 10/15/96.
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 $ 99.83 4.90 % 5.02% 5.06% 5.05% 5.09% 5.07% 5.11 %
500 / $50,000 99.67 4.75 5.03 5.07 5.06 5.10 5.08 5.12
1,000 / $100,000 99.41 4.50 5.04 5.09 5.07 5.12 5.09 5.14
2,500 / $250,000 99.15 4.25 5.05 5.10 5.08 5.13 5.10 5.15
5,000 / $500,000 98.38 3.50 5.09 5.16 5.12 5.19 5.14 5.21
10,000 / $1,000,000 97.88 3.00 5.12 5.20 5.15 5.23 5.17 5.25
25,000 / $2,500,000 97.37 2.50 5.14 5.23 5.18 5.26 5.20 5.28
50,000 / $5,000,000 96.88 2.00 5.17 5.27 5.20 5.30 5.22 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>
5.02 % 7.38% 7.72% 8.37% 8.88 %
5.03 7.40 7.74 8.38 8.90
5.04 7.41 7.75 8.40 8.92
5.05 7.43 7.77 8.42 8.94
5.09 7.49 7.83 8.48 9.01
5.12 7.53 7.88 8.53 9.06
5.14 7.56 7.91 8.57 9.10
5.17 7.60 7.95 8.62 9.15
</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
12/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 12/15/96 $ .6259
Monthly plan 1/15/97 .4173 $ 5.0085
Quarterly plan 2/15/97 .8400
5/15/97 1.2600 5.0405
Semi-annual plan 5/15/97 2.1075
11/15/97 2.5290 5.0595
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 99.90 = 100.100
investment offering price # of units
(as of and accrued purchased
10/15/96) interest
100.100 X $5.0085 = $501.35
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN NEW YORK NUVEEN
INSURED UNIT TRUST 259 895
- --------------------------------------------------------------------------------
<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 16, 1996
ESTIMATED CURRENT RETURN:
5.17 - 5.38%
ESTIMATED LONG-TERM RETURN:
5.20 - 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 27.4 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.27 to $98.28 depending on the purchase amount
Cusip 67102K 283 monthly payment plan
Numbers 67102K 291 quarterly payment plan
67102K 309 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)
2017-20 14.3%
2021-24 14.3%
2025+ 71.4%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 10/15/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.17%
Tax Equivalent Yield 8.69%
Treasury Bonds
Yield 6.84%
Tax Equivalent Yield 7.36%
Corporate Bonds
Yield 7.63%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AS OF 10/11/96 AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 10/11/96. 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 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.)
500,000 Dormitory Authority of the State of New York, State University Educational 2006 at 102 AAA Aaa
Facilities, Revenue Bonds, Series 1996, 5.50% Due 5/15/26. (Original issue
discount bonds will be delivered on or about October 24, 1996 at a price of
91.75% of principal amount.)(When issued.)
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 Housing Finance Agency, Service Contract Obligation Revenue 2006 at 102 AAA Aaa
Bonds, 1996 Series A, 6.00% Due 3/15/26.
500,000 New York State Urban Development Corporation, Project Revenue Bonds (Pine 2005 at 102 AAA Aaa
Barrens), 1996 Series, 5.375% Due 4/1/17.
500,000 The City of New York (New York), General Obligation Bonds, Fiscal 1996 2006 at 101 AAA Aaa
Series J, 5.50% Due 2/15/26. (Original issue discount bonds delivered on or 1/2
about March 21, 1996 at a price of 90.773% of principal amount.)
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.)
----------------------------------------------------------------------------------------------------------------
$ 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 10/15/96.
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 $ 101.27 4.90 % 5.17% 5.20% 5.20% 5.23% 5.22% 5.25 %
500 / $50,000 101.11 4.75 5.18 5.20 5.21 5.23 5.23 5.25
1,000 / $100,000 100.85 4.50 5.19 5.23 5.23 5.26 5.24 5.28
2,500 / $250,000 100.59 4.25 5.21 5.24 5.24 5.27 5.26 5.29
5,000 / $500,000 99.80 3.50 5.25 5.30 5.28 5.33 5.30 5.35
10,000 / $1,000,000 99.29 3.00 5.28 5.34 5.31 5.37 5.33 5.39
25,000 / $2,500,000 98.78 2.50 5.30 5.37 5.34 5.40 5.35 5.42
50,000 / $5,000,000 98.28 2.00 5.33 5.41 5.36 5.44 5.38 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>
5.17 % 7.72% 8.08% 8.69% 9.23 %
5.18 7.73 8.09 8.71 9.25
5.19 7.75 8.11 8.72 9.27
5.21 7.78 8.14 8.76 9.30
5.25 7.84 8.20 8.82 9.38
5.28 7.88 8.25 8.87 9.43
5.30 7.91 8.28 8.91 9.46
5.33 7.96 8.33 8.96 9.52
</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
12/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 12/15/96 $ .6547
Monthly plan 1/15/97 .4365 $ 5.2381
Quarterly plan 2/15/97 .8778
5/15/97 1.3167 5.2701
Semi-annual plan 5/15/97 2.2035
11/15/97 2.6442 5.2891
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.34 = 98.677
investment offering price # of units
(as of and accrued purchased
10/15/96) interest
98.677 X $5.2381 = $516.88
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
