<PAGE>
NUVEEN NEW JERSEY NUVEEN
INSURED UNIT TRUST 217 925
- --------------------------------------------------------------------------------
<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: March 13, 1997
ESTIMATED CURRENT RETURN:
5.01 - 5.22%
ESTIMATED LONG-TERM RETURN:
5.03 - 5.29%
</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 27.8 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.05 to $98.06 depending on the purchase amount
Cusip 6706LA 761 monthly payment plan
Numbers 6706LA 779 quarterly payment plan
6706LA 787 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)
2022-23 14.3%
2024-25 42.9%
2026+ 42.8%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 03/12/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.01%
Tax Equivalent Yield 8.35%
Treasury Bonds
Yield 6.85%
Tax Equivalent Yield 7.32%
Corporate Bonds
Yield 7.61%
</TABLE>
<PAGE>
*COMPARES TRUST AS OF 03/12/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 03/11/97. 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, 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 New Jersey Educational Facilities Authority, Revenue Bonds, Trenton State 2006 at 101 AAA Aaa
College Issue, Series 1996 A, 5.125% Due 7/1/24.
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 (Delaware and New Jersey), Revenue 2006 at 102 AAA Aaa
Bonds, Series 1996, 5.25% Due 1/1/26.
500,000 Delaware River Port Authority (New Jersey and Pennsylvania), Revenue Bonds, 2006 at 102 AAA Aaa
Series of 1995, 5.50% Due 1/1/26.
500,000 Gloucester County Utilities Authority, New Jersey, Sewer Revenue Refunding 2006 at 101 AAA Aaa
Bonds, 1996 Series, 5.45% Due 1/1/24. (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 9/1/22. (General Obligation Bonds.)
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS FROM NEW JERSEY.
</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 03/12/97.
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 $ 101.05 4.90 % 5.01% 5.03% 5.04% 5.06% 5.06% 5.08 %
500 / $50,000 100.89 4.75 5.02 5.04 5.05 5.07 5.07 5.09
1,000 / $100,000 100.63 4.50 5.03 5.06 5.06 5.09 5.08 5.11
2,500 / $250,000 100.37 4.25 5.05 5.07 5.08 5.10 5.10 5.12
5,000 / $500,000 99.59 3.50 5.09 5.13 5.12 5.16 5.14 5.18
10,000 / $1,000,000 99.07 3.00 5.11 5.17 5.14 5.20 5.16 5.22
25,000 / $2,500,000 98.56 2.50 5.14 5.20 5.17 5.23 5.19 5.25
50,000 / $5,000,000 98.06 2.00 5.16 5.24 5.20 5.27 5.22 5.29
</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% 35.5% 40.0% 43.5%
<C> <S> <C> <C> <C> <C>
5.01 % 7.37% 7.77% 8.35% 8.87 %
5.02 7.38 7.78 8.37 8.88
5.03 7.40 7.80 8.38 8.90
5.05 7.43 7.83 8.42 8.94
5.09 7.49 7.89 8.48 9.01
5.11 7.51 7.92 8.52 9.04
5.14 7.56 7.97 8.57 9.10
5.16 7.59 8.00 8.60 9.13
</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
04/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 4/15/97 $ .2530
Monthly plan 5/15/97 .4218 $ 5.0648
Quarterly plan 5/15/97 .4245
8/15/97 1.2735 5.0968
Semi-annual plan 5/15/97 .4263
11/15/97 2.5578 5.1158
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.12 = 98.892
investment offering price # of units
(as of and accrued purchased
03/12/97) interest
98.892 X $5.0648 = $500.87
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN NEW YORK NUVEEN
INSURED UNIT TRUST 265 925
- --------------------------------------------------------------------------------
<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: March 13, 1997
ESTIMATED CURRENT RETURN:
5.10 - 5.31%
ESTIMATED LONG-TERM RETURN:
5.17 - 5.43%
</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 27.6 years
Call Protection Earliest ordinary optional call is 2006
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.07 to $97.11 depending on the purchase amount
Cusip 67102K 465 monthly payment plan
Numbers 67102K 473 quarterly payment plan
67102K 481 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in New York
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2014-17 4.0%
2018-21 14.3%
2022-25 28.6%
2026+ 53.1%
The earliest ordinary optional call date is 2006
YIELD COMPARISON AS OF 03/12/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.10%
Tax Equivalent Yield 8.57%
Treasury Bonds
Yield 6.85%
Tax Equivalent Yield 7.35%
Corporate Bonds
Yield 7.61%
</TABLE>
<PAGE>
*COMPARES TRUST AS OF 03/12/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 03/11/97. ASSUMES 40.5%
FEDERAL AND STATE INCOME TAX RATE AND A 6.85% 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, City University System 2006 at 102 AAA Aaa
Consolidated Third General Resolution Revenue Bonds, 1996 Series 1, 5.50%
Due 7/1/24.
125,000 Dormitory Authority of the State of New York, Mental Health Services 2007 at 102 AAA Aaa
Facilities Improvement Revenue Bonds, Series 1997 A, 5.75% Due 2/15/27.
(General Obligation Bonds.) (When issued.)
500,000 Dormitory Authority of the State of New York, St. John's University, 2006 at 102 AAA Aaa
Insured Revenue Bonds, Series 1996, 5.70% Due 7/1/26.
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 The City of New York (New York), General Obligation Bonds, Fiscal 1997 2007 at 101 AAA Aaa
Series H, 6.125% Due 8/1/25.
235,000 New York City (New York), Educational Construction Fund, Junior 2006 at 102 AAA Aaa
Subordinated Revenue Bonds, Series 1996, 5.50% Due 4/1/26.
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, 5.875% Due 6/15/26.
(Original issue discount bonds delivered on or about May 16, 1996 at a
price of 93.908% of principal amount.)
140,000 Triborough Bridge and Tunnel Authority (New York), General Purpose Revenue No Optional AAA Aaa
Bonds, Series 1993B, 0.00% Due 1/1/15. (Original issue discount bonds Call
delivered on or about November 9, 1993 at a price of 31.751% of principal
amount.)
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 9 BONDS FROM NEW YORK.
</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 03/12/97.
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 $ 100.07 4.90 % 5.10% 5.17% 5.14% 5.20% 5.15% 5.22 %
500 / $50,000 99.92 4.75 5.11 5.18 5.14 5.21 5.16 5.23
1,000 / $100,000 99.65 4.50 5.13 5.20 5.16 5.23 5.18 5.25
2,500 / $250,000 99.39 4.25 5.14 5.21 5.17 5.24 5.19 5.26
5,000 / $500,000 98.62 3.50 5.18 5.27 5.21 5.30 5.23 5.32
10,000 / $1,000,000 98.11 3.00 5.21 5.31 5.24 5.34 5.26 5.36
25,000 / $2,500,000 97.61 2.50 5.23 5.34 5.27 5.37 5.28 5.39
50,000 / $5,000,000 97.11 2.00 5.26 5.38 5.29 5.41 5.31 5.43
</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% 35.5% 40.5% 43.5%
<C> <S> <C> <C> <C> <C>
5.10 % 7.61% 7.91% 8.57% 9.03 %
5.11 7.63 7.92 8.59 9.04
5.13 7.66 7.95 8.62 9.08
5.14 7.67 7.97 8.64 9.10
5.18 7.73 8.03 8.71 9.17
5.21 7.78 8.08 8.76 9.22
5.23 7.81 8.11 8.79 9.26
5.26 7.85 8.16 8.84 9.31
</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
04/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 4/15/97 $ .2552
Monthly plan 5/15/97 .4254 $ 5.1073
Quarterly plan 5/15/97 .4281
8/15/97 1.2843 5.1393
Semi-annual plan 5/15/97 .4296
11/15/97 2.5776 5.1583
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.14 = 99.860
investment offering price # of units
(as of and accrued purchased
03/12/97) interest
99.860 X $5.1073 = $510.01
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN OHIO NUVEEN
INSURED UNIT TRUST 141 925
- --------------------------------------------------------------------------------
<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: March 13, 1997
ESTIMATED CURRENT RETURN:
5.08 - 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 $3,500,000 in 35,000 units
Average Life 26.6 years
Call Protection Earliest ordinary optional call is 2006
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.56 to $98.55 depending on the purchase amount
Cusip 67102G 407 monthly payment plan
Numbers 67102G 415 quarterly payment plan
67102G 423 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 Ohio
</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)
2017-19 14.3%
2020-22 14.3%
2023-25 28.6%
2026+ 42.8%
The earliest ordinary optional call date is 2006
YIELD COMPARISON AS OF 03/12/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.08%
Tax Equivalent Yield 8.61%
Treasury Bonds
Yield 6.85%
Tax Equivalent Yield 7.41%
Corporate Bonds
Yield 7.61%
</TABLE>
<PAGE>
*COMPARES TRUST AS OF 03/12/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 03/11/97. ASSUMES 41.0%
FEDERAL AND STATE INCOME TAX RATE AND A 7.5% 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 OHIO 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 Ohio, Turnpike Revenue Bonds, 1996 Series A, Issued by the Ohio 2006 at 102 AAA Aaa
Turnpike Commission, 5.50% Due 2/15/26. (Original issue discount bonds
delivered on or about June 20, 1996 at a price of 93.50% of principal
amount.)
500,000 City of Cleveland, Ohio, Public Power System, First Mortgage Revenue 2006 at 102 AAA Aaa
Refunding Bonds, Series 1996, Sub-Series 1, 5.00% Due 11/15/24. (Original
issue discount bonds delivered on or about December 20, 1996 at a price of
91.443% of principal amount.)
500,000 City of Cleveland, Ohio, Waterworks Improvement and Refunding First 2006 at 102 AAA Aaa
Mortgage Revenue Bonds, Series H, 1996, 5.75% Due 1/1/26.
500,000 County of Cuyahoga, Ohio, Hospital Improvement and Refunding Revenue Bonds, 2006 at 102 AAA Aaa
Series 1996A (University Hospitals Health System, Inc. Project), 5.625% Due
1/15/26.
500,000 Hilliard City School District, Ohio, General Obligation Bonds, School 2006 at 101 AAA Aaa
Improvement Bonds, Series 1996A, 5.00% Due 12/1/20. (Original issue
discount bonds delivered on or about February 7, 1996 at a price of 94.886%
of principal amount.)
500,000 Kent State University (Ohio), General Receipts Bonds, Series 1996, 5.50% 2006 at 102 AAA Aaa
Due 5/1/17.
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 OHIO 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 03/12/97.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.07. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 101.56 4.90 % 5.08% 5.10% 5.11% 5.13% 5.13% 5.15 %
500 / $50,000 101.40 4.75 5.09 5.11 5.12 5.14 5.14 5.16
1,000 / $100,000 101.13 4.50 5.10 5.13 5.13 5.16 5.15 5.18
2,500 / $250,000 100.87 4.25 5.11 5.15 5.14 5.18 5.16 5.20
5,000 / $500,000 100.08 3.50 5.15 5.21 5.18 5.24 5.20 5.26
10,000 / $1,000,000 99.57 3.00 5.18 5.24 5.21 5.27 5.23 5.29
25,000 / $2,500,000 99.06 2.50 5.21 5.28 5.24 5.31 5.26 5.33
50,000 / $5,000,000 98.55 2.00 5.23 5.32 5.27 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 32.5% 36.0% 41.0% 44.0%
<C> <S> <C> <C> <C> <C>
5.08 % 7.53% 7.94% 8.61% 9.07 %
5.09 7.54 7.95 8.63 9.09
5.10 7.56 7.97 8.64 9.11
5.11 7.57 7.98 8.66 9.13
5.15 7.63 8.05 8.73 9.20
5.18 7.67 8.09 8.78 9.25
5.21 7.72 8.14 8.83 9.30
5.23 7.75 8.17 8.86 9.34
</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
04/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 4/15/97 $ .2577
Monthly plan 5/15/97 .4296 $ 5.1569
Quarterly plan 5/15/97 .4323
8/15/97 1.2969 5.1889
Semi-annual plan 5/15/97 .4338
11/15/97 2.6028 5.2079
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.63 = 98.396
investment offering price # of units
(as of and accrued purchased
03/12/97) interest
98.396 X $5.1569 = $507.42
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
