<PAGE>
NUVEEN
NUVEEN CONNECTICUT
TRADITIONAL UNIT TRUST 285 907
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.01 - 5.22% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.05 - 5.34% - Dependable Income
DATE OF DEPOSIT: December 19, 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 23.4 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.23 to $98.23 depending on the purchase amount
Cusip 67064X 257 monthly payment plan
Numbers 67064X 265 quarterly payment plan
67064X 273 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 100%
---------
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)
2011-14 14.2%
2015-18 28.6%
2019-22 14.3%
2023+ 42.9%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 12/18/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.01%
Tax Equivalent Yield 8.21%
Treasury Bonds
Yield 6.66%
Tax Equivalent Yield 6.97%
Corporate Bonds
Yield 7.48%
</TABLE>
<PAGE>
*COMPARES TRUST AS OF 12/18/96 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 12/17/96. 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, Health and Educational Facilities Authority, Revenue AAA --
Bonds, Bridgeport Hospital Issue, Series C, 5.375% Due 7/1/25. (ConnieLee
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, Nursing Home Program Issue, Series 1994 (Saint Joseph's Living
Center Project), 5.10% Due 11/1/19. (General Obligation Bonds.) (AMBAC
Insured.) 2004 at 102
500,000 State of Connecticut Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Westminster School Issue, Series A, 5.50% Due 7/1/26. (Original
issue discount bonds delivered on or about May 22, 1996 at a price of
93.724% of principal amount.)(MBIA Insured.) 2006 at 101
500,000 State of Connecticut, Special Tax Obligation Bonds, Transportation AAA Aaa
Infrastructure Purposes, 1996 Series B, 5.40% Due 10/1/11. (MBIA Insured.) 2006 at 101
500,000 State of Connecticut, Clean Water Fund Revenue Bonds, 1996 Series, 5.125% AA+ Aaa
Due 5/1/18. 2005 at 101
500,000 City of Hartford, Connecticut, General Obligation Bonds, 5.30% Due AAA Aaa
12/15/16. (FSA Insured.) 2006 at 102
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS FROM CONNECTICUT.
</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 12/18/96.
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 $ 101.23 4.90 % 5.01% 5.05% 5.04% 5.09% 5.06% 5.11 %
500 / $50,000 101.07 4.75 5.02 5.06 5.05 5.10 5.07 5.12
1,000 / $100,000 100.81 4.50 5.03 5.08 5.06 5.12 5.08 5.14
2,500 / $250,000 100.54 4.25 5.05 5.10 5.08 5.14 5.10 5.16
5,000 / $500,000 99.76 3.50 5.09 5.16 5.12 5.20 5.14 5.22
10,000 / $1,000,000 99.25 3.00 5.11 5.20 5.14 5.24 5.16 5.26
25,000 / $2,500,000 98.74 2.50 5.14 5.24 5.17 5.28 5.19 5.30
50,000 / $5,000,000 98.23 2.00 5.17 5.28 5.20 5.32 5.22 5.34
</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>
5.01 % 7.26% 7.59% 8.21% 8.71 %
5.02 7.28 7.61 8.23 8.73
5.03 7.29 7.62 8.25 8.75
5.05 7.32 7.65 8.28 8.78
5.09 7.38 7.71 8.34 8.85
5.11 7.41 7.74 8.38 8.89
5.14 7.45 7.79 8.43 8.94
5.17 7.49 7.83 8.48 8.99
</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
02/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 2/15/97 $ .5917
Monthly plan 3/15/97 .4227 $ 5.0737
Quarterly plan 5/15/97 1.2762
8/15/97 1.2762 5.1057
Semi-annual plan 5/15/97 1.2807
11/15/97 2.5614 5.1247
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.30 = 98.716
investment offering price # of units
(as of and accrued purchased
12/18/96) interest
98.716 X $5.0737 = $500.86
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN CALIFORNIA NUVEEN
INSURED UNIT TRUST 278 907
- --------------------------------------------------------------------------------
<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: December 19, 1996
ESTIMATED CURRENT RETURN:
5.07 - 5.28%
ESTIMATED LONG-TERM RETURN:
5.10 - 5.37%
</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 $4,000,000 in 40,000 units
Average Life 24.4 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.20 to $97.23 depending on the purchase amount
Cusip 67065A 256 monthly payment plan
Numbers 67065A 264 quarterly payment plan
67065A 272 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)
2016-17 25.0%
2018-19 25.0%
2020-21 17.5%
2022-23 0.0%
2024+ 32.5%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 12/18/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.07%
Tax Equivalent Yield 8.74%
Treasury Bonds
Yield 6.66%
Tax Equivalent Yield 7.34%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.48%
</TABLE>
*COMPARES TRUST AS OF 12/18/96 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 12/17/96. 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 Educational Facilities Authority, Revenue Bonds (Loyola 2006 at 102 AAA Aaa
Marymount University), Series 1996, 5.875% Due 10/1/16.
500,000 California Educational Facilities Authority Revenue Bonds (Santa Clara 2006 at 102 AAA Aaa
University), Series 1996, 5.75% Due 9/1/26.
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
7/1/20.
500,000 State Public Works Board of the State of California, Lease Revenue 2006 at 102 AAA Aaa
Refunding Bonds (Department of Corrections), 1996 Series B, California
State Prison-Monterey County (Soledad II), 5.625% Due 11/1/19.
500,000 Cathedral City (California), Public Financing Authority, 1995 Tax 2005 at 102 AAA Aaa
Allocation Revenue Bonds, Series A (Cathedral City Redevelopment Projects),
5.50% Due 8/1/17.
200,000 Encinitas Union School District (San Diego County, California), General No Optional AAA Aaa
Obligation Bonds, Election of 1996, Series 1996, 0.00% Due 8/1/21. Call
(Original issue discount bonds delivered on or about August 22, 1996 at a
price of 23.736% of principal amount.)
500,000 County of Orange, California, 1996 Recovery Certificates of Participation, 2006 at 102 AAA Aaa
Series A, 5.875% Due 7/1/19.
500,000 Thousand Oaks Redevelopment Agency (Ventura County, California), Thousand 2005 at 102 AAA Aaa
Oaks Boulevard Redevelopment Project, 1995 Tax Allocation Refunding Bonds,
5.375% Due 12/1/25. (Original issue discount bonds delivered on or about
November 21, 1995 at a price of 94.257% of principal amount.)
300,000 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
----------------------------------------------------------------------------------------------------------------
$ 4,000,000 TOTAL 8 BONDS FROM CALIFORNIA AND ONE BOND FROM THE TERRITORY OF PUERTO RICO.
</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 12/18/96.
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 $ 100.20 4.90 % 5.07% 5.10% 5.10% 5.13% 5.12% 5.15 %
500 / $50,000 100.04 4.75 5.08 5.11 5.11 5.14 5.13 5.15
1,000 / $100,000 99.78 4.50 5.09 5.13 5.12 5.16 5.14 5.18
2,500 / $250,000 99.52 4.25 5.11 5.14 5.14 5.17 5.16 5.19
5,000 / $500,000 98.75 3.50 5.15 5.21 5.18 5.24 5.20 5.26
10,000 / $1,000,000 98.24 3.00 5.17 5.24 5.21 5.27 5.22 5.29
25,000 / $2,500,000 97.73 2.50 5.20 5.28 5.23 5.31 5.25 5.33
50,000 / $5,000,000 97.23 2.00 5.23 5.32 5.26 5.35 5.28 5.37
</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>
5.07 % 7.74% 8.11% 8.74% 9.22 %
5.08 7.76 8.13 8.76 9.24
5.09 7.77 8.14 8.78 9.25
5.11 7.80 8.18 8.81 9.29
5.15 7.86 8.24 8.88 9.36
5.17 7.89 8.27 8.91 9.40
5.20 7.94 8.32 8.97 9.45
5.23 7.98 8.37 9.02 9.51
</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
02/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 2/15/97 $ .5926
Monthly plan 3/15/97 .4233 $ 5.0814
Quarterly plan 5/15/97 1.2780
8/15/97 1.2780 5.1134
Semi-annual plan 5/15/97 1.2825
11/15/97 2.5650 5.1324
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.27 = 99.730
investment offering price # of units
(as of and accrued purchased
12/18/96) interest
99.730 X $5.0814 = $506.77
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN GEORGIA NUVEEN
INSURED UNIT TRUST 54 907
- --------------------------------------------------------------------------------
<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: December 19, 1996
ESTIMATED CURRENT RETURN:
5.01 - 5.21%
ESTIMATED LONG-TERM RETURN:
5.11 - 5.37%
</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 25.9 years
Call Protection Earliest ordinary optional call is 2006
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.10 to $96.16 depending on the purchase amount
Cusip 67102H 132 monthly payment plan
Numbers 67102H 140 quarterly payment plan
67102H 157 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)
2013-15 2.9%
2016-18 14.3%
2019-21 42.8%
2022-24 0.0%
2025+ 40.0%
The earliest ordinary optional call date is 2006
YIELD COMPARISON AS OF 12/18/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.01%
Tax Equivalent Yield 8.35%
Treasury Bonds
Yield 6.66%
Tax Equivalent Yield 7.09%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.48%
</TABLE>
*COMPARES TRUST AS OF 12/18/96 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 12/17/96. 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, Project One Subordinated Bonds, 2006 at 102 AAA Aaa
Series 1996A, 5.625% Due 1/1/21.
500,000 Metropolitan Atlanta Rapid Transit Authority (Georgia), Sales Tax Revenue 2006 at 102 AAA Aaa
Bonds, Second Indenture Series, Refunding Series 1996A, 5.50% Due 7/1/18.
(When issued.)
500,000 Solid Waste Management Authority of the City of Atlanta (Georgia), Revenue 2006 at 100 AAA Aaa
Bonds (Landfill Closure Project), Series 1996, 5.25% Due 12/1/21. (General
Obligation Bonds.)
500,000 The Hospital Authority of Clarke County, Georgia, Hospital Revenue AAA Aaa
Certificates (Athens Regional Medical Center Project), Series 1996,
100M-0.00% Due 1/1/13, (Original issue discount bonds delivered on or about No Optional
December 18, 1996 at a price of 40.605% of principal amount.) Call
400M-5.00% Due 1/1/27. (Original issue discount bonds delivered on or about 2007 at 100
December 18, 1996 at a price of 90.504% of principal amount.)
(General Obligation Bonds.)
500,000 Development Authority of Fulton County (Georgia), Revenue Bonds (Clark 2006 at 102 AAA Aaa
Atlanta University Project), Series 1995, 5.375% Due 1/1/20.
500,000 Richmond County (Georgia), Water And Sewerage Revenue Refunding And 2006 at 102 AAA Aaa
Improvement Bonds, Series 1996A, 5.25% Due 10/1/28.
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 6 BONDS FROM GEORGIA AND ONE BOND FROM THE TERRITORY OF PUERTO RICO.
</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 12/18/96.
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 $ 99.10 4.90 % 5.01% 5.11% 5.04% 5.14% 5.06% 5.16 %
500 / $50,000 98.94 4.75 5.01 5.12 5.05 5.15 5.07 5.17
1,000 / $100,000 98.68 4.50 5.03 5.14 5.06 5.17 5.08 5.19
2,500 / $250,000 98.42 4.25 5.04 5.15 5.07 5.18 5.09 5.20
5,000 / $500,000 97.66 3.50 5.08 5.21 5.11 5.24 5.13 5.26
10,000 / $1,000,000 97.16 3.00 5.11 5.25 5.14 5.28 5.16 5.30
25,000 / $2,500,000 96.66 2.50 5.13 5.29 5.17 5.32 5.19 5.34
50,000 / $5,000,000 96.16 2.00 5.16 5.32 5.19 5.35 5.21 5.37
</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>
5.01 % 7.42% 7.71% 8.35% 8.79 %
5.01 7.42 7.71 8.35 8.79
5.03 7.45 7.74 8.38 8.82
5.04 7.47 7.75 8.40 8.84
5.08 7.53 7.82 8.47 8.91
5.11 7.57 7.86 8.52 8.96
5.13 7.60 7.89 8.55 9.00
5.16 7.64 7.94 8.60 9.05
</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
02/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 2/15/97 $ .5787
Monthly plan 3/15/97 .4134 $ 4.9609
Quarterly plan 5/15/97 1.2474
8/15/97 1.2474 4.9929
Semi-annual plan 5/15/97 1.2528
11/15/97 2.5056 5.0119
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 99.17 = 100.836
investment offering price # of units
(as of and accrued purchased
12/18/96) interest
100.836 X $4.9609 = $500.24
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
