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This document will be disseminated in the Spanish language. Pursuant to Rule 306
of Regulation S-T under the Securities Act of 1933, the undersigned represents
that this document is a fair and accurate English translation of the supplement.
JOHN NUVEEN & CO. INCORPORATED, Depositor
By /s/ LARRY W. MARTIN
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Larry W. Martin, Vice President
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NUVEEN DEFINED PORTFOLIOS
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Supplement to the Prospectus
John Nuveen & Co. Incorporated (the "Sponsor") has made substantial
enhancements to the volume incentive program for dealer firms currently
described in the prospectus for the Trust. Accordingly, the following
information replaces any discussion of volume incentives contained in the
prospectus:
Volume incentives can be earned as a marketing allowance by eligible dealer
firms who reach cumulative firm sales or sales arrangement levels of a specified
dollar amount of Nuveen unit trusts (other than any series of the Nuveen-The Dow
5SM Portfolios and Nuveen-The Dow 10SM Portfolios) sold in the primary or
secondary market during any quarter as set forth in the table below. Eligible
dealer firms are dealers that are providing marketing support for Nuveen unit
trusts in the form of 1) distributing or permitting the distribution of
marketing materials and other product information, 2) providing Nuveen
representatives access to the dealer's branch offices, and 3) generally
facilitating the placement of orders by the dealer's registered representatives
such as putting Nuveen unit trusts on their order entry screens. Eligible firms
will not include firms that solely provide clearing services to broker/dealer
firms. For purposes of determining the applicable volume incentive rate for a
given quarter, the dollar amount of all units sold over the current and three
previous quarters (the "Measuring Period") is aggregated. The volume incentive
received by the dealer firm will equal the dollar amount of units sold during
the current quarter times the highest applicable rate for the Measuring Period.
For firms that meet the necessary volume level, volume incentives may be given
on all applicable trades originated from or by that firm.
Total dollar amount sold
over Measuring Period Volume Incentives
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$ 5,000,000 to $9,999,999 0.10% of current quarter sales
$10,000,000 to $19,999,999 0.125% of current quarter sales
$20,000,000 to $49,999,999 0.1375% of current quarter sales
$50,000,000 or more 0.15% of current quarter sales
Only sales through the Sponsor qualify for volume incentives and for
meeting minimum requirements. The Sponsor reserves the right to modify or change
the volume incentive schedule at any time and make the determination as to which
firms qualify for the marketing allowance and the amount paid.
December 2, 1998
