<PAGE>
NUVEEN
NUVEEN CONNECTICUT
TRADITIONAL UNIT TRUST 288 936
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.15 - 5.36% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.19 - 5.46% - Dependable Income
DATE OF DEPOSIT: April 30, 1997 - 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 26.8 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.51 to $98.51 depending on the purchase amount
Cusip 67064X 349 monthly payment plan
Numbers 67064X 356 quarterly payment plan
67064X 364 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 86%
AA 14
---------
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)
2017-21 28.6%
2022-26 42.9%
2027+ 28.5%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 04/29/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.15%
Tax Equivalent Yield 8.44%
Treasury Bonds
Yield 7.11%
Tax Equivalent Yield 7.45%
Corporate Bonds
Yield 7.94%
</TABLE>
<PAGE>
*COMPARES TRUST AS OF 04/29/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 04/28/97. 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, General Obligation Bonds (1997 Series A), 5.25% Due AA- Aa3
3/1/17. 2007 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 State of Connecticut Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, The William W. Backus Hospital Issue, Series D, 5.75% Due 7/1/27.
(AMBAC Insured.) 2007 at 102
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, Connecticut College Issue, Series C-1, 5.50% Due 7/1/27. (MBIA
Insured.) 2007 at 102
370,000 State of Connecticut, Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Trinity College Issue, Series E, 5.875% Due 7/1/26. (MBIA Insured.) 2006 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
130,000 State of Connecticut, Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Yale-New Haven Hospital Issue, Series H, 5.70% Due 7/1/25. (MBIA
Insured.) 2006 at 102
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 8 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 04/29/97.
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 $ 101.51 4.90 % 5.15% 5.19% 5.18% 5.22% 5.20% 5.24 %
500 / $50,000 101.35 4.75 5.16 5.20 5.19 5.23 5.21 5.25
1,000 / $100,000 101.09 4.50 5.17 5.22 5.20 5.25 5.22 5.27
2,500 / $250,000 100.83 4.25 5.18 5.24 5.21 5.27 5.23 5.29
5,000 / $500,000 100.04 3.50 5.22 5.30 5.26 5.33 5.27 5.35
10,000 / $1,000,000 99.53 3.00 5.25 5.33 5.28 5.36 5.30 5.38
25,000 / $2,500,000 99.02 2.50 5.28 5.37 5.31 5.40 5.33 5.42
50,000 / $5,000,000 98.51 2.00 5.30 5.41 5.34 5.44 5.36 5.46
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 31.0% 34.0% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
5.15 % 7.46% 7.80% 8.44% 8.96 %
5.16 7.48 7.82 8.46 8.97
5.17 7.49 7.83 8.48 8.99
5.18 7.51 7.85 8.49 9.01
5.22 7.57 7.91 8.56 9.08
5.25 7.61 7.95 8.61 9.13
5.28 7.65 8.00 8.66 9.18
5.30 7.68 8.03 8.69 9.22
</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 $ .4498
Monthly plan 7/15/97 .4353 $ 5.2256
Quarterly plan 8/15/97 .8760
11/15/97 1.3140 5.2576
Semi-annual plan 11/15/97 2.1975
5/15/98 2.6370 5.2766
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.58 = 98.444
investment offering price # of units
(as of and accrued purchased
04/29/97) interest
98.444 X $5.2256 = $514.43
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN MARYLAND
TRADITIONAL UNIT TRUST 321 936
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.13 - 5.33% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.17 - 5.44% - Dependable Income
DATE OF DEPOSIT: April 30, 1997 - 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 24.7 years
Call Protection Earliest ordinary optional call is 2006
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.90 to $97.92 depending on the purchase amount
Cusip 67102E 550 monthly payment plan
Numbers 67102E 568 quarterly payment plan
67102E 576 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 43%
AA 57
---------
100%
Registration Registered in Maryland
</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 28.5%
2018-19 14.3%
2020-21 14.3%
2022-23 0.0%
2024+ 42.9%
The earliest ordinary optional call date is 2006
YIELD COMPARISON AS OF 04/29/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.13%
Tax Equivalent Yield 8.41%
Treasury Bonds
Yield 7.11%
Tax Equivalent Yield 7.48%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.94%
</TABLE>
*COMPARES TRUST AS OF 04/29/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 04/28/97. ASSUMES 39.0%
FEDERAL AND STATE INCOME TAX RATE AND A 5.0% 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 MARYLAND 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 Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, AAA Aaa
The Johns Hopkins Health System (Bayview Campus) Issue, Series 1996, 5.25%
Due 7/1/27. (AMBAC Insured.) 2007 at 102
500,000 Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, AAA Aaa
Loyola College Issue, Series 1996A, 5.375% Due 10/1/26. (Original issue
discount bonds delivered on or about November 14, 1996 at a price of
94.668% of principal amount.)(MBIA Insured.) 2006 at 102
500,000 The Maryland-National Capital Park and Planning Commission (Prince George's AA Aa2
County, Maryland), General Obligation Park Acquisition and Development
Bonds, Series T-2, 5.375% Due 1/15/17. 2007 at 101
500,000 University of Maryland System, Auxiliary Facility and Tuition Revenue AA+ Aa3
Bonds, 1996 Series A, 5.75% Due 4/1/17. 2006 at 101
500,000 Anne Arundel County, Maryland, General Obligation Bonds, Consolidated Water AA+ Aa
and Sewer Series, 1996, 5.00% Due 9/1/18. (Original issue discount bonds
delivered on or about March 20, 1996 at a price of 94.209% of principal
amount.) 2006 at 101
500,000 City of Baltimore, Maryland (Mayor and City Council of Baltimore), Project AAA Aaa
and Refunding Revenue Bonds (Wastewater Projects), Series 1996-A, 5.50% Due
7/1/26. (Original issue discount bonds delivered on or about July 31, 1996
at a price of 93.74% of principal amount.)(FGIC Insured.) 2006 at 101
500,000 Washington Suburban Sanitary District, Maryland (Montgomery and Prince AA Aa1
George's Counties, Maryland), General Construction Bonds of 1996, 5.625%
Due 6/1/20. (General Obligation Bonds.) 2006 at 100
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS FROM MARYLAND.
</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 04/29/97.
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 $ 100.90 4.90 % 5.13% 5.17% 5.16% 5.20% 5.18% 5.22 %
500 / $50,000 100.75 4.75 5.13 5.18 5.16 5.21 5.18 5.23
1,000 / $100,000 100.48 4.50 5.15 5.20 5.18 5.23 5.20 5.25
2,500 / $250,000 100.22 4.25 5.16 5.22 5.19 5.25 5.21 5.26
5,000 / $500,000 99.44 3.50 5.20 5.28 5.23 5.31 5.25 5.33
10,000 / $1,000,000 98.93 3.00 5.23 5.32 5.26 5.35 5.28 5.36
25,000 / $2,500,000 98.42 2.50 5.25 5.35 5.29 5.38 5.31 5.40
50,000 / $5,000,000 97.92 2.00 5.28 5.39 5.31 5.42 5.33 5.44
</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 31.5% 34.5% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
5.13 % 7.49% 7.83% 8.41% 8.92 %
5.13 7.49 7.83 8.41 8.92
5.15 7.52 7.86 8.44 8.96
5.16 7.53 7.88 8.46 8.97
5.20 7.59 7.94 8.52 9.04
5.23 7.64 7.98 8.57 9.10
5.25 7.66 8.02 8.61 9.13
5.28 7.71 8.06 8.66 9.18
</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 $ .4451
Monthly plan 7/15/97 .4308 $ 5.1716
Quarterly plan 8/15/97 .8670
11/15/97 1.3005 5.2036
Semi-annual plan 11/15/97 2.1750
5/15/98 2.6100 5.2226
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.97 = 99.039
investment offering price # of units
(as of and accrued purchased
04/29/97) interest
99.039 X $5.1716 = $512.19
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN VIRGINIA
TRADITIONAL UNIT TRUST 316 936
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
5.25 - 5.46% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
5.28 - 5.56% - Dependable Income
DATE OF DEPOSIT: April 30, 1997 - 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 25.8 years
Call Protection Earliest ordinary optional call is 2006
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.94 to $96.98 depending on the purchase amount
Cusip 6706LB 405 monthly payment plan
Numbers 6706LB 413 quarterly payment plan
6706LB 421 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 29%
AA 57
A1/A+ 14
---------
100%
Registration Registered in Virginia
</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)
2017-18 14.2%
2019-20 14.3%
2021-22 28.6%
2023-24 14.3%
2025+ 28.6%
The earliest ordinary optional call date is 2006
YIELD COMPARISON AS OF 04/29/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 5.25%
Tax Equivalent Yield 8.68%
Treasury Bonds
Yield 7.11%
Tax Equivalent Yield 7.54%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.94%
</TABLE>
*COMPARES TRUST AS OF 04/29/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 04/28/97. ASSUMES 39.5%
FEDERAL AND STATE INCOME TAX RATE AND A 5.75% 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.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS VIRGINIA 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 Virginia Commonwealth University, General Revenue Pledge Bonds, Series AA- A1
1996A, 5.75% Due 5/1/21. 2006 at 102
500,000 Augusta County Service Authority (Virginia), Water and Sewer System Revenue AAA Aaa
Bonds, Series 1994, 5.00% Due 11/1/24. (Original issue discount bonds
delivered on or about March 3, 1994 at a price of 93.75% of principal
amount.)(MBIA Insured.) 2009 at 100
500,000 Industrial Development Authority of Fairfax County, Virginia, Hospital AA Aa2
Revenue Refunding Bonds (Inova Health System Hospitals Project), Series
1993A, 5.25% Due 8/15/19. No Optional
Call
500,000 Fairfax County (Virginia), Water Authority, Water Refunding Revenue Bonds, AA- Aa
Series 1992, 6.00% Due 4/1/22. 2007 at 102
500,000 Industrial Development Authority of Henry County, Virginia, Hospital A+ A2
Revenue Bonds (Memorial Hospital of Martinsville and Henry County), Series
1997, 6.00% Due 1/1/27. 2007 at 101
500,000 Industrial Development Authority of the City of Norfolk, Commonwealth of AA Aa2
Virginia Lease Revenue Bonds (Norfolk Public Health Center Project), Series
1997, 5.625% Due 9/15/17. (When issued.) 2006 at 102
500,000 Upper Occoquan Sewage Authority (Virginia), Regional Sewerage System AAA Aaa
Revenue Bonds, Series of 1995A, 4.75% Due 7/1/29. (Original issue discount
bonds delivered on or about January 9, 1996 at a price of 91.422% of
principal amount.)(MBIA Insured.) 2006 at 100
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS FROM VIRGINIA.
</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 04/29/97.
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 $ 99.94 4.90 % 5.25% 5.28% 5.28% 5.32% 5.30% 5.33 %
500 / $50,000 99.78 4.75 5.25 5.28 5.29 5.32 5.31 5.34
1,000 / $100,000 99.52 4.50 5.27 5.31 5.30 5.35 5.32 5.36
2,500 / $250,000 99.26 4.25 5.28 5.32 5.31 5.36 5.33 5.38
5,000 / $500,000 98.49 3.50 5.32 5.38 5.36 5.42 5.38 5.44
10,000 / $1,000,000 97.98 3.00 5.35 5.42 5.38 5.46 5.40 5.48
25,000 / $2,500,000 97.48 2.50 5.38 5.46 5.41 5.50 5.43 5.52
50,000 / $5,000,000 96.98 2.00 5.41 5.49 5.44 5.54 5.46 5.56
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 32.0% 35.0% 39.5% 43.0%
<C> <S> <C> <C> <C> <C>
5.25 % 7.72% 8.08% 8.68% 9.21 %
5.25 7.72 8.08 8.68 9.21
5.27 7.75 8.11 8.71 9.25
5.28 7.76 8.12 8.73 9.26
5.32 7.82 8.18 8.79 9.33
5.35 7.87 8.23 8.84 9.39
5.38 7.91 8.28 8.89 9.44
5.41 7.96 8.32 8.94 9.49
</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 $ .4513
Monthly plan 7/15/97 .4368 $ 5.2433
Quarterly plan 8/15/97 .8790
11/15/97 1.3185 5.2753
Semi-annual plan 11/15/97 2.2050
5/15/98 2.6460 5.2943
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.01 = 99.990
investment offering price # of units
(as of and accrued purchased
04/29/97) interest
99.990 X $5.2433 = $524.28
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
