<PAGE>
NUVEEN GEORGIA NUVEEN
INSURED UNIT TRUST 56 934
- --------------------------------------------------------------------------------
<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. - Dependable Income
and/or AAA by Standard & Poor's, the highest - Diversified Portfolios
rating given by each agency. - Top-Rated Municipal Bonds
ESTIMATED CURRENT RETURN: DATE OF DEPOSIT: April 18, 1997
5.19 - 5.41%
ESTIMATED LONG-TERM RETURN:
5.25 - 5.52%
</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 2006
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.65 to $96.70 depending on the purchase amount
Cusip 67102H 199 monthly payment plan
Numbers 67102H 207 quarterly payment plan
67102H 215 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)
2017-21 28.6%
2022-26 42.8%
2027+ 28.6%
The earliest ordinary optional call date is 2006
YIELD COMPARISON AS OF 04/17/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.19%
Tax Equivalent Yield 8.65%
Treasury Bonds
Yield 7.09%
Tax Equivalent Yield 7.54%
Corporate Bonds
Yield 7.93%
</TABLE>
<PAGE>
*COMPARES TRUST AS OF 04/17/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 04/16/97. 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 City of Atlanta and Fulton County (Georgia), Recreation Authority, Revenue 2007 at 102 AAA Aaa
Bonds (Downtown Arena Public Improvements Project), Series 1996A, 5.375%
Due 12/1/26.
500,000 Metropolitan Atlanta Rapid Transit Authority (Georgia), Sales Tax Revenue 2006 at 102 AAA Aaa
Bonds, Second Indenture Series, Refunding Series 1996A, 5.625% Due 7/1/20.
500,000 The Hospital Authority of Clarke County, Georgia, Hospital Revenue 2007 at 100 AAA Aaa
Certificates (Athens Regional Medical Center Project), Series 1996, 5.00%
Due 1/1/27. (Original issue discount bonds delivered on or about December
18, 1996 at a price of 90.50% of principal amount.)(General Obligation
Bonds.)
500,000 Columbus, Georgia, Water and Sewerage Revenue Bonds, Series 1997, 5.80% Due 2007 at 102 AAA Aaa
5/1/17. (When issued.)
500,000 Development Authority of the City of Dalton (Georgia), Revenue Certificates No Optional AAA Aaa
(Hamilton Health Care System), Series 1996, 5.50% Due 8/15/26. Call
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 04/17/97.
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 $ 99.65 4.90 % 5.19% 5.25% 5.23% 5.28% 5.25% 5.30 %
500 / $50,000 99.50 4.75 5.20 5.26 5.23 5.29 5.25 5.31
1,000 / $100,000 99.24 4.50 5.22 5.28 5.25 5.31 5.27 5.33
2,500 / $250,000 98.98 4.25 5.23 5.30 5.26 5.33 5.28 5.35
5,000 / $500,000 98.21 3.50 5.27 5.36 5.30 5.39 5.32 5.41
10,000 / $1,000,000 97.70 3.00 5.30 5.40 5.33 5.43 5.35 5.45
25,000 / $2,500,000 97.20 2.50 5.33 5.43 5.36 5.46 5.38 5.48
50,000 / $5,000,000 96.70 2.00 5.35 5.47 5.39 5.50 5.41 5.52
</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>
5.19 % 7.69% 7.98% 8.65% 9.11 %
5.20 7.70 8.00 8.67 9.12
5.22 7.73 8.03 8.70 9.16
5.23 7.75 8.05 8.72 9.18
5.27 7.81 8.11 8.78 9.25
5.30 7.85 8.15 8.83 9.30
5.33 7.90 8.20 8.88 9.35
5.35 7.93 8.23 8.92 9.39
</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
06/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 6/15/97 $ .6179
Monthly plan 7/15/97 .4311 $ 5.1764
Quarterly plan 8/15/97 .8676
11/15/97 1.3014 5.2084
Semi-annual plan 11/15/97 2.1780
5/15/98 2.6136 5.2274
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 99.72 = 100.280
investment offering price # of units
(as of and accrued purchased
04/17/97) interest
100.280 X $5.1764 = $519.09
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN NEW JERSEY NUVEEN
INSURED UNIT TRUST 218 934
- --------------------------------------------------------------------------------
<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. - Dependable Income
and/or AAA by Standard & Poor's, the highest - Diversified Portfolios
rating given by each agency. - Top-Rated Municipal Bonds
ESTIMATED CURRENT RETURN: DATE OF DEPOSIT: April 18, 1997
5.22 - 5.43%
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 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 $101.15 to $98.15 depending on the purchase amount
Cusip 6706LA 795 monthly payment plan
Numbers 6706LA 803 quarterly payment plan
6706LA 811 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)
2018-19 14.3%
2020-21 14.3%
2022-23 0.0%
2024-25 28.5%
2026+ 42.9%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 04/17/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.22%
Tax Equivalent Yield 8.70%
Treasury Bonds
Yield 7.09%
Tax Equivalent Yield 7.57%
Corporate Bonds
Yield 7.93%
</TABLE>
<PAGE>
*COMPARES TRUST AS OF 04/17/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 04/16/97. 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, Seton Hall University Project 2006 at 101 AAA Aaa
Revenue Refunding Bonds, 1996 Series, Project E, 5.625% Due 7/1/19.
500,000 New Jersey Educational Facilities Authority, Revenue Bonds, Trenton State 2006 at 101 AAA Aaa
College Issue, Series 1996 A, 5.10% Due 7/1/21.
500,000 The Port Authority of New York and New Jersey, Consolidated Bonds, One 2005 at 101 AAA Aaa
Hundredth Series, 5.75% Due 6/15/30.
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 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 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 Middletown in the County of 2007 at 100 AAA Aaa
Monmouth, New Jersey, School Bonds, 5.85% Due 8/1/26. (General Obligation
Bonds.) (When issued.)
----------------------------------------------------------------------------------------------------------------
$ 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 04/17/97.
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 $ 101.15 4.90 % 5.22% 5.26% 5.25% 5.30% 5.27% 5.31 %
500 / $50,000 100.99 4.75 5.23 5.26 5.26 5.30 5.28 5.32
1,000 / $100,000 100.72 4.50 5.24 5.29 5.27 5.32 5.29 5.35
2,500 / $250,000 100.46 4.25 5.25 5.30 5.28 5.34 5.30 5.36
5,000 / $500,000 99.68 3.50 5.29 5.36 5.33 5.40 5.35 5.42
10,000 / $1,000,000 99.17 3.00 5.32 5.40 5.35 5.44 5.37 5.46
25,000 / $2,500,000 98.66 2.50 5.35 5.43 5.38 5.47 5.40 5.49
50,000 / $5,000,000 98.15 2.00 5.38 5.47 5.41 5.51 5.43 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 tax
UNIT TRUST bracket)
RETURN 32.0% 35.5% 40.0% 43.5%
<C> <S> <C> <C> <C> <C>
5.22 % 7.68% 8.09% 8.70% 9.24 %
5.23 7.69 8.11 8.72 9.26
5.24 7.71 8.12 8.73 9.27
5.25 7.72 8.14 8.75 9.29
5.29 7.78 8.20 8.82 9.36
5.32 7.82 8.25 8.87 9.42
5.35 7.87 8.29 8.92 9.47
5.38 7.91 8.34 8.97 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
06/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 6/15/97 $ .6299
Monthly plan 7/15/97 .4395 $ 5.2769
Quarterly plan 8/15/97 .8844
11/15/97 1.3266 5.3089
Semi-annual plan 11/15/97 2.2185
5/15/98 2.6622 5.3279
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.22 = 98.794
investment offering price # of units
(as of and accrued purchased
04/17/97) interest
98.794 X $5.2769 = $521.33
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN PENNSYLVANIA NUVEEN
INSURED UNIT TRUST 224 934
- --------------------------------------------------------------------------------
<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. - Dependable Income
and/or AAA by Standard & Poor's, the highest - Diversified Portfolios
rating given by each agency. - Top-Rated Municipal Bonds
ESTIMATED CURRENT RETURN: DATE OF DEPOSIT: April 18, 1997
5.33 - 5.54%
ESTIMATED LONG-TERM RETURN:
5.34 - 5.60%
</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 29.0 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.84 to $98.83 depending on the purchase amount
Cusip 6706H7 169 monthly payment plan
Numbers 6706H7 177 quarterly payment plan
6706H7 185 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in Pennsylvania
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2020-22 14.3%
2023-25 14.6%
2026-28 57.1%
2029+ 14.0%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 04/17/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.33%
Tax Equivalent Yield 8.60%
Treasury Bonds
Yield 7.09%
Tax Equivalent Yield 7.29%
Corporate Bonds
Yield 7.93%
</TABLE>
<PAGE>
*COMPARES TRUST AS OF 04/17/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 04/16/97. ASSUMES 38.0%
FEDERAL AND STATE INCOME TAX RATE AND A 2.8% STATE INCOME TAX RATE. TREASURY
BONDS ARE SUBJECT TO FEDERAL BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE
GENERALLY SUBJECT TO BOTH. TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE
GUARANTEED BY THE U.S. GOVERNMENT.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS PENNSYLVANIA INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 Pennsylvania Higher Educational Facilities Authority (Commonwealth of Penn- 2006 at 100 AAA Aaa
sylvania), Revenue Bonds, State System of Higher Education, Series N,
5.875% Due 6/15/21.
500,000 Pennsylvania Higher Educational Facilities Authority (Commonwealth of Penn- 2007 at 102 AAA Aaa
sylvania), Bryn Mawr College Revenue Bonds, Series of 1997, 5.625% Due
12/1/27. (When issued.)
500,000 Allegheny County Hospital Development Authority (Pennsylvania), Hospital 2006 at 102 AAA Aaa
Revenue Bonds, Series of 1996 (Children's Hospital of Pittsburgh), 5.30%
Due 7/1/26. (Original issue discount bonds delivered on or about December
11, 1996 at a price of 94.311% of principal amount.)
510,000 Allegheny County Hospital Development Authority (Pennsylvania), Health 2005 at 102 AAA Aaa
Center Revenue Bonds, Series of 1995 (University of Pittsburgh Medical
Center System), 5.375% Due 12/1/25.
490,000 Lehigh County Industrial Development Authority, Pollution Control Revenue 2005 at 102 AAA Aaa
Refunding Bonds, 1995 Series A (Pennsylvania Power & Light Company
Project), 6.15% Due 8/1/29.
500,000 Luzerne County Flood Protection Authority (Pennsylvania), Guaranteed Flood 2006 at 100 AAA Aaa
Protection Bonds, Series of 1996, 5.65% Due 7/15/26. (General Obligation
Bonds.)
500,000 South Fork Municipal Authority (Pennsylvania), Hospital Revenue Bonds, 2006 at 102 AAA Aaa
Series A of 1996 (Conemaugh Valley Memorial Hospital Project), 5.75% Due
7/1/26.
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS FROM PENNSYLVANIA.
</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 04/17/97.
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 $.08. 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 $ 101.84 4.90 % 5.33% 5.34% 5.36% 5.37% 5.38% 5.39 %
500 / $50,000 101.68 4.75 5.34 5.35 5.37 5.38 5.39 5.40
1,000 / $100,000 101.41 4.50 5.35 5.37 5.38 5.40 5.40 5.42
2,500 / $250,000 101.15 4.25 5.36 5.39 5.40 5.42 5.41 5.44
5,000 / $500,000 100.36 3.50 5.41 5.44 5.44 5.47 5.46 5.49
10,000 / $1,000,000 99.85 3.00 5.43 5.48 5.47 5.51 5.48 5.53
25,000 / $2,500,000 99.33 2.50 5.46 5.52 5.49 5.55 5.51 5.57
50,000 / $5,000,000 98.83 2.00 5.49 5.55 5.52 5.58 5.54 5.60
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 30.0% 33.0% 38.0% 41.5%
<C> <S> <C> <C> <C> <C>
5.33 % 7.61% 7.96% 8.60% 9.11 %
5.34 7.63 7.97 8.61 9.13
5.35 7.64 7.99 8.63 9.15
5.36 7.66 8.00 8.65 9.16
5.41 7.73 8.07 8.73 9.25
5.43 7.76 8.10 8.76 9.28
5.46 7.80 8.15 8.81 9.33
5.49 7.84 8.19 8.85 9.38
</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
06/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 6/15/97 $ .6475
Monthly plan 7/15/97 .4518 $ 5.4251
Quarterly plan 8/15/97 .9090
11/15/97 1.3635 5.4571
Semi-annual plan 11/15/97 2.2815
5/15/98 2.7378 5.4761
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.92 = 98.116
investment offering price # of units
(as of and accrued purchased
04/17/97) interest
98.116 X $5.4251 = $532.29
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
