<PAGE>
NUVEEN
NUVEEN CONNECTICUT
TRADITIONAL UNIT TRUST 289 946
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
4.81 - 5.01% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
4.81 - 5.08% - Dependable Income
DATE OF DEPOSIT: June 19, 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 22.7 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $102.66 to $99.62 depending on the purchase amount
Cusip 67064X 372 monthly payment plan
Numbers 67064X 380 quarterly payment plan
67064X 398 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)
2014-15 14.3%
2016-17 28.5%
2018-19 14.3%
2020-21 14.3%
2022+ 28.6%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 06/18/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 4.81%
Tax Equivalent Yield 7.89%
Treasury Bonds
Yield 6.72%
Tax Equivalent Yield 7.04%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.46%
</TABLE>
*COMPARES TRUST AS OF 06/18/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 06/17/97. 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 (1996 Series B), 5.125% Due AA- Aa3
8/15/16. (Original issue discount bonds delivered on or about August 30,
1996 at a price of 93.761% of principal amount.) 2006 at 100
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, Choate Rosemary Hall Issue, Series B, 5.00% Due 7/1/27. (Original
issue discount bonds will be delivered on or about July 8, 1997 at a price
of 93.809% of principal amount.)(When issued.) (MBIA Insured.) 2007 at 101
500,000 Connecticut Municipal Electric Energy Cooperative, Power Supply System AAA Aaa
Revenue Bonds, 1993 Series A, 5.00% Due 1/1/18. (MBIA Insured.) 2004 at 102
500,000 The University of Connecticut, General Obligation Bonds, 1997 Series A, AAA Aaa
5.25% Due 4/1/16. (Original issue discount bonds delivered on or about
April 24, 1997 at a price of 93.943% of principal amount.)(MBIA Insured.) 2007 at 101
500,000 Town of Newtown, Connecticut, General Obligation Bonds, 5.125% Due 6/15/15. AAA Aaa
(MBIA Insured.) 2006 at 101
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1997, 5.375% Due AAA Aaa
7/1/21. (General Obligation Bonds.) (MBIA Insured.) 2007 at 101
1/2
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 6 BONDS FROM CONNECTICUT 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 06/18/97.
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 $ 102.66 4.90 % 4.81% 4.81% 4.84% 4.84% 4.86% 4.86 %
500 / $50,000 102.50 4.75 4.82 4.82 4.85 4.85 4.87 4.86
1,000 / $100,000 102.23 4.50 4.83 4.84 4.86 4.87 4.88 4.89
2,500 / $250,000 101.96 4.25 4.84 4.85 4.87 4.88 4.89 4.90
5,000 / $500,000 101.17 3.50 4.88 4.92 4.91 4.95 4.93 4.97
10,000 / $1,000,000 100.65 3.00 4.91 4.96 4.94 4.98 4.96 5.01
25,000 / $2,500,000 100.13 2.50 4.93 4.99 4.96 5.02 4.98 5.04
50,000 / $5,000,000 99.62 2.00 4.96 5.03 4.99 5.06 5.01 5.08
</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>
4.81 % 6.97% 7.29% 7.89% 8.37 %
4.82 6.99 7.30 7.90 8.38
4.83 7.00 7.32 7.92 8.40
4.84 7.01 7.33 7.93 8.42
4.88 7.07 7.39 8.00 8.49
4.91 7.12 7.44 8.05 8.54
4.93 7.14 7.47 8.08 8.57
4.96 7.19 7.52 8.13 8.63
</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
08/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial payment
(all plans) 8/15/97 $ .5758
Monthly plan 9/15/97 .4113 $ 4.9378
Quarterly plan 11/15/97 1.2420
2/15/98 1.2420 4.9698
Semi-annual plan 11/15/97 1.2465
5/15/98 2.4930 4.9888
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 102.73 = 97.342
investment offering price # of units
(as of and accrued purchased
06/18/97) interest
97.342 X $4.9378 = $480.66
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN VIRGINIA
TRADITIONAL UNIT TRUST 317 946
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
4.90 - 5.10% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
4.94 - 5.19% - Dependable Income
DATE OF DEPOSIT: June 19, 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 28.7 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.69 to $97.71 depending on the purchase amount
Cusip 6706LB 439 monthly payment plan
Numbers 6706LB 447 quarterly payment plan
6706LB 454 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 71%
AA 29
---------
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)
2020-21 15.0%
2022-23 15.0%
2024-25 12.9%
2026-27 28.5%
2028+ 28.6%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 06/18/97*
(Description of Yield Comparison Chart)
Nuveen UIT
Yield 4.90%
Tax Equivalent Yield 8.10%
Treasury Bonds
Yield 6.72%
Tax Equivalent Yield 7.13%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.46%
</TABLE>
*COMPARES TRUST AS OF 06/18/97 WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS
INVESTMENT GRADE LONG CORPORATE BOND INDEX AS OF 06/17/97. 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>
----------------------------------------------------------------------------------------------------------------
$ 450,000 University of Puerto Rico, University System Revenue Bonds, Series M, 5.25% AAA Aaa
Due 6/1/25. (Original issue discount bonds delivered on or about May 25,
1995 at a price of 91.25% of principal amount.)(MBIA Insured.) 2005 at 101
1/2
500,000 Virginia Resources Authority, Water And Sewer System Revenue Bonds, 1997 AA --
Series (Campbell County Utilities and Service Authority Project), 5.50% Due
10/1/27. 2007 at 102
500,000 Industrial Development Authority of Arlington County, Virginia, -- Aa1
Headquarters Facility Revenue Bonds (The Nature Conservancy), Series 1997A,
5.45% Due 7/1/27. (When issued.) 2007 at 102
525,000 Chesapeake Bay Bridge and Tunnel District (Virginia), General Resolution AAA Aaa
Revenue Bonds, Refunding Series 1996, 5.00% Due 7/1/22. (Original issue
discount bonds delivered on or about February 21, 1996 at a price of
94.875% of principal amount.)(MBIA Insured.) 2005 at 102
500,000 Loudoun County Sanitation Authority (Virginia), Water and Sewer System AAA Aaa
Revenue Bonds, Series 1996, 5.25% Due 1/1/30. (Original issue discount
bonds delivered on or about August 27, 1996 at a price of 93.309% of
principal amount.)(FGIC Insured.) 2007 at 102
525,000 City of Richmond, Virginia, General Obligation Public Improvement Refunding AAA Aaa
Bonds, Series 1995B, 5.00% Due 1/15/21. (FGIC Insured.) 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 6 BONDS FROM VIRGINIA 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 06/18/97.
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 $ 100.69 4.90 % 4.90% 4.94% 4.93% 4.97% 4.95% 4.99 %
500 / $50,000 100.54 4.75 4.90 4.94 4.94 4.97 4.95 4.99
1,000 / $100,000 100.27 4.50 4.92 4.97 4.95 5.00 4.97 5.02
2,500 / $250,000 100.01 4.25 4.93 4.98 4.96 5.01 4.98 5.03
5,000 / $500,000 99.23 3.50 4.97 5.04 5.00 5.07 5.02 5.09
10,000 / $1,000,000 98.72 3.00 4.99 5.07 5.03 5.10 5.05 5.12
25,000 / $2,500,000 98.22 2.50 5.02 5.11 5.05 5.14 5.07 5.15
50,000 / $5,000,000 97.71 2.00 5.05 5.14 5.08 5.17 5.10 5.19
</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>
4.90 % 7.21% 7.54% 8.10% 8.60 %
4.90 7.21 7.54 8.10 8.60
4.92 7.24 7.57 8.13 8.63
4.93 7.25 7.58 8.15 8.65
4.97 7.31 7.65 8.21 8.72
4.99 7.34 7.68 8.25 8.75
5.02 7.38 7.72 8.30 8.81
5.05 7.43 7.77 8.35 8.86
</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
08/01/97.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial payment
(all plans) 8/15/97 $ .5749
Monthly plan 9/15/97 .4107 $ 4.9299
Quarterly plan 11/15/97 1.2402
2/15/98 1.2402 4.9619
Semi-annual plan 11/15/97 1.2447
5/15/98 2.4894 4.9809
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.76 = 99.245
investment offering price # of units
(as of and accrued purchased
06/18/97) interest
99.245 X $4.9299 = $489.27
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
