<PAGE>
DEFINED ASSET FUNDSSM
- --------------------------------------------------------------------------------
EQUITY INVESTOR FUND The objective of this Defined Fund is total return
CONCEPT SERIES through a combination of high current income and
REAL ESTATE capital appreciation by investing for
INCOME FUND--2 approximately four years in a diversified
(A UNIT INVESTMENT portfolio of publicly traded equity real estate
TRUST) investment trusts ('REITs').
- ------------------------------The REITs included in the Portfolio were selected
- -- PROFESSIONAL SELECTION for their current dividend yields and potential
- -- MONTHLY INCOME for capital appreciation and increasing dividends.
- -- DIVERSIFICATION The value of units will fluctuate with the value
- -- REINVESTMENT OPTION of the REITs in the Portfolio and there is no
assurance that dividends will be paid or that the
REITs, and therefore the units, will appreciate in
value.
Minimum purchase in individual transactions: $250.
-------------------------------------------------
THESE SECURITIES HAVE NOT BEEN APPROVED OR
DISAPPROVED BY THE SECURITIES AND EXCHANGE
COMMISSION OR ANY STATE SECURITIES COMMISSION NOR
SPONSORS: HAS THE COMMISSION OR ANY STATE SECURITIES
Merrill Lynch, COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY
Pierce, Fenner & Smith OF THIS DOCUMENT. ANY REPRESENTATION TO THE
Incorporated CONTRARY IS A CRIMINAL OFFENSE.
Salomon Smith Barney Inc. Inquiries should be directed to the Trustee at
PaineWebber Incorporated 1-800-221-7771.
Prudential Securities Prospectus dated October 2, 1998.
Incorporated INVESTORS SHOULD READ THIS PROSPECTUS CAREFULLY
Dean Witter Reynolds Inc. AND RETAIN IT FOR FUTURE REFERENCE.
<PAGE>
- --------------------------------------------------------------------------------
Defined Asset FundsSM
Defined Asset Funds is America's oldest and largest family of unit investment
trusts, with over $115 billion sponsored in the last 25 years. Each Defined
Asset Fund is a portfolio of preselected securities. The portfolio is divided
into 'units' representing equal shares of the underlying assets. Each unit
receives an equal share of income and principal distributions.
Defined Asset Funds offer several defined 'distinctives'. You know in advance
what you are investing in and that changes in the portfolio are limited - a
defined portfolio. Most defined bond funds pay interest monthly - defined
income. The portfolio offers a convenient and simple way to invest - simplicity
defined.
Your financial professional can help you select a Defined Asset Fund to meet
your personal investment objectives. Our size and market presence enable us to
offer a wide variety of investments. The Defined Asset Funds family offers:
o Municipal bond portfolios
o Corporate bond portfolios
o Government bond portfolios
o Equity portfolios
o International bond and equity portfolios
The terms of Defined Funds are as short as one year or as long as 30 years.
Special defined bond funds are available including: insured funds, double and
triple tax-free funds and funds with 'laddered maturities' to help protect
against changing interest rates. Defined Asset Funds are offered by prospectus
only.
- ----------------------------------------------------------------
Defining Your Portfolio
- ----------------------------------------------------------------
The Portfolio contains 38 equity REITs selected by the Sponsors with research
provided by a professional REIT Consultant, Cohen & Steers Capital Management,
Inc. In the opinion of the Sponsors on the initial date of deposit (June 25,
1996) these REITs had attractive dividend yields and the potential for capital
appreciation and increasing dividends. Investing in the Portfolio, rather than
in only one or two of the underlying REITs, is a way to diversify your
investment, even though 100% of the Portfolio is invested in a single industry.
TYPES OF REITS
The portfolio contains REITs in the following real estate sectors:
APPROXIMATE
PORTFOLIO PERCENTAGE
/ / Office 33%
/ / Regional Mall 25%
/ / Shopping Center 15%
/ / Apartment 14%
/ / Healthcare 6%
/ / Manufactured Housing 3%
/ / Diversified 2%
/ / Factory Outlets 2%
- ----------------------------------------------------------------
Defining Your Investment
- ----------------------------------------------------------------
PUBLIC OFFERING PRICE PER 1,000 UNITS $1,288.95
The Public Offering Price as of May 31, 1998, the evaluation date, is based on
the aggregate value of the underlying securities ($183,059,786) and any cash
held to purchase securities, divided by the number of units outstanding
(146,038,324) times 1,000, plus a maximum initial sales charge. The Public
Offering Price on any subsequent date will vary. The underlying securities are
valued by the Trustee on the basis of their closing sale prices at 4:00 p.m.
Eastern time on every business day.
SALES CHARGE
The total sales charge for this investment combines an initial up-front sales
charge and a deferred sales charge that will be deducted from the net asset
value of the Portfolio quarterly on the 10th of August, November, February and
May of each year.
MONTHLY INCOME DISTRIBUTIONS
The Fund pays monthly income. Monthly distributions of dividends are payable on
the 25th of the month to holders of record on the 10th day of the month. In
order to meet certain tax requirements, a special distribution of income
including capital gains, may be declared for holders of record as of a date in
December, which special distribution will generally be paid after the end of the
year.
LOW MINIMUM INVESTMENT
You can get started with a minimum purchase of $250.
REINVESTMENT OPTION
You can elect to automatically reinvest your distributions into additional units
of the Portfolio subject only to remaining deferred sales charges. Reinvesting
helps to compound your income for a greater total return.
TAXES
Distributions that are taxable as ordinary income to Holders will constitute
dividends for Federal income tax purposes but will not be eligible for the
dividends-received deduction for certain corporations. Non-corporate investors
who have held their units for more than 12 months may be entitled to a 20%
maximum federal tax rate for gains from the sale of these units. As a result of
recent changes in the law, the 18-month holding period discussed in Part B no
longer applies. Foreign investors should be aware that distributions will
generally be subject to information reporting and 30% withholding tax (or lower
applicable treaty rate). Foreign investors should not be subject to withholding
tax under the Foreign Investors in Real Property Act ('FIRPTA') with respect to
gain from the sale or redemption of units. (See Taxes in Part B.)
A-2
<PAGE>
TAX BASIS REPORTING
The proceeds received when you sell this investment will reflect the deduction
of the deferred sales charge. In addition, the annual statement and the relevant
tax reporting forms you receive at year-end will be based on the amount paid to
you (not including the deferred sales charge). Accordingly, you should not
increase your basis in your units by the deferred sales charge.
LIQUIDATION PERIOD
Beginning on June 26, 2000 until no later than August 18, 2000 (see Life of the
Fund; Fund Termination in Part B).
MANDATORY TERMINATION DATE
The Portfolio will terminate by August 18, 2000. The final distribution will be
made within a reasonable time afterward. The Portfolio may be terminated earlier
if its value is less than 40% of the value of the securities when deposited.
- ----------------------------------------------------------------
Defining Your Risks
- ----------------------------------------------------------------
The Portfolio is considered to be 'concentrated' in the real estate industry and
is subject to certain risks associated with ownership of real estate generally
and the value of REITs in particular (see Risk Factors in Part B).
Unit price fluctuates with the value of the Portfolio, and the value of the
Portfolio will be affected by changes in the financial condition of the issuers,
changes in the real estate industry, general economic conditions, movements in
stock prices generally, the impact of the Sponsors' purchase and sale of the
securities (especially during the primary offering period of units) and other
factors. Further distributions of income on the underlying securities will
generally depend upon the declaration of dividends by the issuers, and there can
be no assurance that the issuers of securities will pay dividends or that the
current level of dividends can be maintained. Therefore, there is no guarantee
that the objective of the Portfolio will be achieved. Certain of the REITs may
be relatively illiquid and some of the issuers may be thinly capitalized or have
a limited operating history and as a result may be especially susceptible to
stock market and real estate fluctuations.
Unlike a mutual fund, the Portfolio is not actively managed and the Sponsors
receive no management fee. Therefore, the adverse financial condition of an
issuer or any market movement in the price of a security will not necessarily
require the sale of securities from the Portfolio or mean that the Sponsors will
not continue to purchase the Security in order to create additional Units.
Although the Portfolio is regularly reviewed and evaluated and Sponsors may
instruct the Trustee to sell securities under certain limited circumstances,
Securities will not be sold to take advantage of market fluctuations or changes
in anticipated rates of appreciation.
- ----------------------------------------------------------------
Defining Your Costs
- ----------------------------------------------------------------
SALES CHARGES
First-time investors pay a 2.00% sales charge when they buy. For example, on a
$1,000 investment, $980.00 is invested in the Portfolio. In addition, a deferred
sales charge of $1.625 per 1,000 units will be deducted from the Portfolio's net
asset value each quarter ($13.00 total). This deferred method of payment keeps
more of your money invested over a longer period of time.
Although the Fund is a unit investment trust rather than a mutual fund, the
following information is presented to permit a comparison of fees and an
understanding of the direct or indirect costs and expenses that you pay.
As a %
of Public Amount per
Offering Price 1,000 Units
----------------- --------------
Maximum Initial Sales Charge 2.00% $ 25.78
Maximum Deferred Sales Charge 1.01% 13.00
----------------- --------------
3.01% $ 38.78
----------------- --------------
----------------- --------------
Maximum Sales Charge Imposed on
Reinvested Dividends 1.01% $ 13.00
ESTIMATED ANNUAL FUND OPERATING EXPENSES
Amount per
1,000 Units
--------------
Trustee's Fee $ 0.78
Portfolio Supervision, Bookkeeping and
Administrative Fees $ 0.45
REIT Consultant's Fee $ 1.50
Organizational Expenses $ 0.59
Other Operating Expenses $ 0.39
--------------
TOTAL $ 3.71
A-3
<PAGE>
The total annual fees are greater for this Fund than for other equity funds of
the Sponsors because most other funds do not pay consultants for ongoing
research.
The Sponsors believe that the research arrangement with the REIT Consultant
(which is not affiliated with any of the Sponsors) is desirable in the present
circumstances due to the complexity of the REIT industry and the REIT
Consultant's expertise in providing equity research on individual REITs and the
REIT industry in general.
COSTS OVER TIME
You would pay the following cumulative expenses on a $1,000 investment, assuming
5% annual return on the investment throughout the indicated periods and
redemption at the end of the period:
1 Year 2 Years
$30 $41
The example assumes reinvestment of all dividends and distributions and uses a
5% annual rate of return as mandated by SEC regulations applicable to mutual
funds. For purposes of the example, the deferred sales charge imposed on
reinvestment of dividends is not reflected until the year following payment of
the dividend; the cumulative expenses would be higher if sales charges on
reinvested dividends were reflected in the year of reinvestment.
The example should not be considered a representation of past or future expenses
or annual rates of return; the actual expenses and annual rates of return may be
more or less than the example.
REDEEMING OR SELLING YOUR INVESTMENT
You may sell or redeem your units at any time prior to the termination of the
Portfolio. Your price will be based on the then current net asset value. The
redemption and secondary market repurchase price as of the evaluation date was
$1,253.51 per 1,000 units. ($35.44 per 1,000 units less than the Public Offering
Price).
If you redeem or sell your units before the termination of the Portfolio, no
further deferred sales charges will be deducted.
REDEMPTION IN KIND
You may request redemption in kind from the Trustee if you will be entitled to
receive at least 100 shares of each security in the Portfolio as part of your
distribution (see How To Sell--Trustee's Redemption of Units in Part B).
A-4
<PAGE>
EQUITY INVESTOR FUND - CONCEPT SERIES,
REAL ESTATE INCOME FUND - 2,
DEFINED ASSET FUNDS
REPORT OF INDEPENDENT ACCOUNTANTS
The Sponsors, Trustee and Holders
of Equity Investor Fund - Concept Series,
Real Estate Income Fund - 2, Defined Asset Funds:
We have audited the accompanying statement of condition of Equity Investor
Fund - Concept Series, Real Estate Income Fund - 2, Defined Asset Funds
including the portfolio, as of May 31, 1998 and the related statements of
operations and of changes in net assets for the period June 26, 1996 to
May 31, 1997 and June 1, 1997 to May 31, 1998. These financial statements
are the responsibility of the Trustee. Our responsibility is to express an
opinion on these financial statements based on our audit.
We conducted our audit in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit
to obtain reasonable assurance about whether the financial statements
are free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial
statements. Securities owned at May 31, 1998, as shown in such portfolio,
were confirmed to us by The Bank of New York, the Trustee. An audit also
includes assessing the accounting principles used and significant estimates
made by the Trustee, as well as evaluating the overall financial statement
presentation. We believe that our audit provides a reasonable basis for our
opinion.
In our opinion, the financial statements referred to above present
fairly, in all material respects, the financial position of Equity Investor
Fund - Concept Series, Real Estate Income Fund - 2, Defined Asset Funds at
May 31, 1998 and the results of its operations and changes in its net assets
for the above-stated period in conformity with generally accepted
accounting principles.
DELOITTE & TOUCHE LLP
New York, N.Y.
August 31, 1998
D - 1
<PAGE>
EQUITY INVESTOR FUND - CONCEPT SERIES,
REAL ESTATE INCOME FUND - 2,
DEFINED ASSET FUNDS
STATEMENT OF CONDITION
AS OF MAY 31, 1998
<TABLE><CAPTION>
<S> <C> <C>
TRUST PROPERTY:
Investment in marketable securities - at value
(cost $167,116,868) (Note 1)................. $183,059,786
Dividends receivable........................... 417,445
Cash........................................... 213,953
Deferred organization cost..................... 81,849
Receivable for securities sold................. 2,250,175
______________
Total trust property................. 186,023,208
LESS LIABILITIES:
Redemption Payable............................. $ 2,537,803
Accrued Expenses............................... 84,723
Other liabilities.............................. 81,849 2,704,375
____________ ______________
NET ASSETS, REPRESENTED BY:
146,038,324 units of fractional undivided
interest outstanding (Note 3)................ 182,866,051
Undistributed net investment income............ 452,782
____________
$183,318,833
==============
UNIT VALUE ($183,318,833/146,038,324 units)...... $1.25528
==============
</TABLE>
See Notes to Financial Statements.
D - 2
<PAGE>
EQUITY INVESTOR FUND - CONCEPT SERIES,
REAL ESTATE INCOME FUND - 2,
DEFINED ASSET FUNDS
STATEMENTS OF OPERATIONS
<TABLE><CAPTION>
June 1, June 26,
1997 1996
to to
May 31, May 31,
1998 1997
________________________________
<S> <C> <C>
INVESTMENT INCOME:
Dividend income................................. $ 9,761,131 $ 3,505,522
Trustee's fees and expenses..................... (150,625) (60,787)
Sponsors' fees ................................. (56,015) (29,639)
________________________________
Net investment income........................... 9,554,491 3,415,096
________________________________
REALIZED AND UNREALIZED GAIN (LOSS)
ON INVESTMENTS:
Realized gain on securities sold
or redeemed................................... 2,727,799
Unrealized appreciation of investments.......... 8,128,106 7,814,812
________________________________
Net realized and unrealized gain on
investments................................... 10,855,905 7,814,812
________________________________
NET INCREASE IN NET ASSETS RESULTING
FROM OPERATIONS................................. $20,410,396 $11,229,908
================================
See Notes to Financial Statements.
</TABLE>
D - 3
<PAGE>
EQUITY INVESTOR FUND - CONCEPT SERIES,
REAL ESTATE INCOME FUND - 2,
DEFINED ASSET FUNDS
STATEMENTS OF CHANGES IN NET ASSETS
<TABLE><CAPTION>
June 1, June 26,
1997 1996
to to
May 31, May 31,
1998 1997
________________________________
<S> <C> <C>
OPERATIONS:
Net investment income........................... $ 9,554,491 $ 3,415,096
Realized gain on securities sold
or redeemed................................... 2,727,799
Unrealized appreciation of investments.......... 8,128,106 7,814,812
________________________________
Net increase in net assets resulting
from operations............................... 20,410,396 11,229,908
________________________________
DISTRIBUTIONS TO HOLDERS (Note 2)
Income.......................................... (9,355,267) (3,571,325)
Principal....................................... (576,401)
________________________________
Total distributions............................. (9,931,668) (3,571,325)
________________________________
CAPITAL SHARE TRANSACTIONS:
Issuance of 52,833,724 and 101,001,987 units.... 66,696,477 110,127,680
Redemption of 8,098,466 units................... (10,231,836)
Consulting fees................................. (204,083) (103,898)
Deferred sales charge........................... (884,359) (353,383)
Organization expense............................ (101,381) (55,845)
________________________________
Net capital share transactions.................. 55,274,818 109,614,554
NET INCREASE IN NET ASSETS...................... 65,753,546 117,273,137
NET ASSETS AT BEGINNING OF PERIOD................. 117,565,287 292,150
________________________________
NET ASSETS AT END OF PERIOD....................... $183,318,833 $117,565,287
================================
PER UNIT:
Income distributions during period.............. $ .07048 $.06169
Principal distributions during period........... $ .00416
================================
Net asset value at end of period................ $1.25528 $1.16053
================================
TRUST UNITS OUTSTANDING AT END OF PERIOD.......... 146,038,324 101,303,066
================================
</TABLE>
See Notes to Financial Statements.
D - 4
<PAGE>
EQUITY INVESTOR FUND - CONCEPT SERIES,
REAL ESTATE INCOME FUND - 2,
DEFINED ASSET FUNDS
NOTES TO FINANCIAL STATEMENTS
1. SIGNIFICANT ACCOUNTING POLICIES
The Fund is registered under the Investment Company Act of 1940 as a Unit
Investment Trust. The following is a summary of significant accounting
policies consistently followed by the Fund in the preparation of its
financial statements. The policies are in conformity with generally
accepted accounting principles.
(a) Securities are stated at market value; for securities listed on a
national securities exchange, value is based on the closing sale price
on such exchange and for securities not so listed, value is based on
the over-the-counter market. See "How to Sell Units - Trustee's
Redemption of Units" in this Prospectus, Part B. Gains and losses on
sales of securities are determined using the first-in, first-out cost
method.
(b) The Fund is not subject to income taxes. Accordingly, no provision for
such taxes is required.
(c) Dividend income is recorded as earned on the ex-dividend date.
2. DISTRIBUTIONS
A distribution of net investment income is made to Holders each month.
Receipts other than dividends, after deductions for redemptions and
applicable expenses, are distributed as explained in "Income, Distributions
and
Reinvestment - Distributions" in this Prospectus, Part B.
3. NET CAPITAL
<TABLE>
<S> <C>
Cost of 146,038,324 units at Date of Deposit.......................... $167,418,359
Less sales charge..................................................... 1,553,984
______________
Net amount applicable to Holders...................................... 165,864,375
Redemptions of units - net cost of 8,098,466 units redeemed less
redemption amounts.................................................. (935,414)
Principal distribution................................................ (576,401)
Realized gain on securities sold or redeemed.......................... 2,727,799
Net unrealized appreciation of investments............................ 15,942,918
Organizational costs.................................................. (157,226)
______________
Net capital applicable to Holders..................................... $182,866,051
==============
</TABLE>
4. INCOME TAXES
As of May 31, 1998, net unrealized appreciation of investments, based on
cost for Federal income tax purposes, aggregated $15,942,918, of which
$16,814,147 related to appreciated securities and $871,229 related to
depreciated securities. The cost of investment securities for Federal
income tax purposes was $167,116,868
at May 31, 1998.
D - 5
<PAGE>
EQUITY INVESTOR FUND
CONCEPT SERIES
REAL ESTATE INCOME FUND - 2
DEFINED ASSET FUNDS
PORTFOLIO
AS OF MAY 31, 1998
<TABLE>
<CAPTION>
Current Annual
or Indicated
Portfolio No. and Title of Number of Dividend Per
Securities Shares Share(2) Cost Market Value(1)
<S> <C> <C> <C> <C>
1 Avalon Properties 198,600 $1.5600 $ 5,304,680 $ 5,585,625
2 Equity Office Properties (8) 236,182 1.2800 5,634,234 6,495,005
3 CBL & Associates Properties 244,500 1.8600 5,969,882 6,005,531
4 Mack Cali Realty (7) 143,250 2.0000 4,562,900 5,157,000
5 Camden Property Trust 149,700 2.0200 4,192,566 4,575,206
6 Carramerica Realty Corp. 149,700 1.8500 4,162,429 4,191,600
7 Centerpoint Properties Corp. 94,000 1.7500 2,890,181 3,184,250
8 Chelsea GCA Realty Inc. 94,800 2.7600 3,293,959 3,797,925
9 Colonial Properties Trust 144,700 2.2000 4,101,291 4,395,262
10 Cousins Properties Inc. 269,700 1.4400 7,177,361 8,242,706
11 Crescent Real Estate Equities 267,100 1.5200 7,264,749 9,148,175
12 Developers Divers Realty Corp. 141,500 2.6200 5,153,163 5,545,031
13 Duke Realty Investments Inc. (4) 199,600 1.2000 3,872,994 4,515,950
14 Federal Realty Invs. Trust 177,600 1.7200 4,613,893 4,395,600
15 General Growth Properties 149,700 1.8800 4,592,373 5,538,900
16 Health Care Properties Invest. Inc. 149,700 2.6000 5,308,986 5,267,569
17 Irvine Apartment Communities 149,700 1.5000 3,984,528 4,472,288
18 JP Realty Corp. 241,500 1.8000 5,980,743 5,524,312
19 Kimco Realty Corp. 148,750 1.9200 4,746,763 5,791,953
20 Macerich Company 233,000 1.8400 6,075,818 6,291,000
21 Mills Corp. 133,700 1.9500 3,245,404 3,300,719
22 Nationwide Health Properties 241,500 1.6800 5,547,813 5,796,000
23 Post Properties Inc. (6) 189,883 2.6000 7,212,744 7,808,938
24 Reckson Assoc. Realty Corp. 194,600 1.2500 4,233,733 4,840,675
</TABLE>
D - 6
<PAGE>
EQUITY INVESTOR FUND
CONCEPT SERIES
REAL ESTATE INCOME FUND - 2
DEFINED ASSET FUNDS
PORTFOLIO
AS OF MAY 31, 1998
<TABLE>
<CAPTION>
Current Annual
or Indicated
Portfolio No. and Title of Number of Dividend Per
Securities Shares Share(2) Cost Market Value(1)
<S> <C> <C> <C> <C>
25 Security Cap. Industrial 194,600 $1.2730 $ 4,076,136 $ 4,792,025
26 Security Capital Pacific Trust 99,800 1.3600 2,245,905 2,251,738
27 Simon DeBartolo Group Inc. 241,450 2.0200 7,086,523 8,058,394
28 Charles E. Smith Residential 97,300 2.0800 2,750,527 3,150,088
29 Spieker Properties Inc. 188,700 2.2800 6,635,960 7,512,619
30 Sun Communities Inc. 93,800 1.9600 3,129,903 3,183,337
31 United Dominion Realty Trust 209,500 1.0500 3,114,276 2,959,188
32 Urban Shopping Centers 124,700 2.1000 3,742,504 4,115,100
33 Vornado Realty Trust (5) 183,750 1.6000 5,654,134 7,051,406
34 Weeks Corp. 85,300 1.8600 2,688,947 2,724,269
35 Weingarten Realty Invst. 94,300 2.6800 3,914,671 4,031,325
36 Homestead Common 12,494 0.0000 151,922 187,410
37 Chateau Communities 92,951 1.8200 2,541,484 2,753,679
38 Crescent Operating, Inc. (3) 20,460 0.0000 260,789 421,988
_______________ _______________
Total $167,116,868 $183,059,786
=============== ===============
</TABLE>
(1)
See Notes to Financial Statements.
(2) Based on the latest quarterly or
Semiannual declaration
(3) Result of spinoff from Crescent Real Estate Equities
(4) Result of 2 for 1 stock split
(5) Result of 2 for 1 stock split
(6) Result of merger with Columbus Realty Trust
(7) Name changed from Cali Realty
(8) Result of merger with Beacon Properties
D - 7
<PAGE>
AUTHORIZATION FOR REINVESTMENT
DEFINED ASSET FUNDS--EQUITY INVESTOR FUND
CONCEPT SERIES, REAL ESTATE INCOME FUND--2
/ / Yes, I want to participate in the Fund's Reinvestment Plan and purchase
additional Units of the Fund each month.
I hereby acknowledge receipt of the Prospectus for Defined Asset
Funds--Equity Investor Fund, Concept Series, Real Estate Income Fund--2 and
authorize The Bank of New York to pay distributions on my Units as indicated
below (distributions to be reinvested will be paid for my account to The Bank of
New York).
Income and principal distributions (including capital gains) (check one): / /
in cash / / reinvested
Please print or type
Name Registered Holder
Address
Registered Holder
(Two signatures required if
joint tenancy)
City State Zip Code
This page is a self-mailer. Please complete the information above, cut
along the dotted line, fold along the lines on the reverse side, tape, and mail
with the Trustee's address displayed on the outside.
12345678
<PAGE>
BUSINESS REPLY MAIL NO POSTAGE
FIRST CLASS PERMIT NO. 1313 NEW YORK, N.Y. NECESSARY
IF MAILED
POSTAGE WILL BE PAID BY ADDRESSEE IN THE
DEFINED ASSET FUNDS--EQUITY INVESTOR FUND UNITED STATES
CONCEPT SERIES--REAL ESTATE INCOME FUND--2
THE BANK OF NEW YORK
UNIT INVESTMENT TRUST DEPARTMENT
P.O. BOX 974
WALL STREET STATION
NEW YORK, N.Y. 10268-0974
- --------------------------------------------------------------------------------
(Fold along this line.)
- --------------------------------------------------------------------------------
(Fold along this line.)
<PAGE>
DEFINED
ASSET FUNDSSM
SPONSORS: EQUITY INVESTOR FUND
Merrill Lynch, CONCEPT SERIES
Pierce, Fenner & Smith IncorporatedREAL ESTATE INCOME FUND--2
Defined Asset Funds PROSPECTUS PART A
P.O. Box 9051 This Prospectus consists of a Part A and a
Princeton, NJ 08543-9051 Part B. This Prospectus does not contain all
(609) 282-8500 of the information with respect to the
Salomon Smith Barney Inc. investment company set forth in its
Unit Trust Department registration statement and exhibits relating
388 Greenwich Street--23rd Floor thereto which have been filed with the
New York, NY 10013 Securities and Exchange Commission,
(212) 816-4000 Washington, D.C. under the Securities Act of
Prudential Securities Incorporated 1933 and the Investment Company Act of 1940,
One New York Plaza and to which reference is hereby made. Copies
New York, NY 10292 of filed material can be obtained from the
(212) 778-6164 Public Reference Section of the Commission,
Dean Witter Reynolds Inc. 450 Fifth Street, N.W., Washington, D.C.
Two World Trade Center--59th Floor 20549 at prescribed rates. The Commission
New York, NY 10048 also maintains a Web site that contains
(212) 392-2222 information statements and other information
PaineWebber Incorporated regarding registrants such as Defined Asset
1200 Harbor Blvd. Funds that file electronically with the
Weehawken, NJ 07087 Commission at http://www.sec.gov.
(201) 902-3000 ------------------------------
TRUSTEE: No person is authorized to give any
The Bank of New York information or to make any representations
Unit Investment Trust Department with respect to this investment company not
Box 974--Wall Street Station contained in its registration statement and
New York, NY 10268-0974 exhibits relating thereto; and any
1-800-221-7771 information or representation not contained
therein must not be relied upon as having
been authorized. This Prospectus shall not
constitute an offer to sell or the
solicitation of an offer to buy nor shall
there be any sale of these securities in any
State in which such offer solicitation or
sale would be unlawful prior to registration
or qualification under the securities laws of
any such State.
15331--10/98
