NUVEEN TAX EXEMPT UNIT TRUST SERIES 830
497, 1995-10-19
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<PAGE>
NUVEEN  Tax-Exempt Unit Trusts
     NUVEEN
      ARIZONA
     INSURED
     TRUST 43
 
            Estimated Current Return
            4.94% to 5.14%
            as of 10/17/95
 
            Estimated Long Term Return
            4.99% to 5.27%
             35,000 units in a
             diversified $3,500,000
             portfolio of tax-exempt
             bonds rated "AAA"
                  Cusip:
                  67101J 584 Monthly Payment Option
                  67101J 592 Quarterly Payment Option
                  67101J 600 Semi-Annual Payment Option
 
                  Registered in Arizona
                    John Nuveen & Co. Incorporated
                    Investment Bankers
 
<TABLE>
<S>                           <C>
Chicago:                      Atlanta
333 W. Wacker Dr.             Austin
Chicago, Illinois 60606       Boca Raton
Telephone: 312.917.7700       Boston
                              Columbus
New York:                     Dallas/Ft. Worth
Swiss Bank Tower              Irvine
10 East 50th Street           Philadelphia
New York, New York 10022      Phoenix
Telephone: 212.207.2000       San Francisco
                              Seattle
                              Tampa
                              Washington, D.C.
</TABLE>
 
<PAGE>
- --------------------------------------------------------------------------------
 
NUVEEN TAX-EXEMPT UNIT TRUST--INSURED, ARIZONA INSURED TRUST 43
SCHEDULE OF INVESTMENTS
DATE OF DEPOSIT OCTOBER 18, 1995
- --------------------------------------------------------------------------------
 
<TABLE>
<CAPTION>
                                                                                                             Ratings
                                                                                    Optional         -----------------------
  Aggregate            Name of Issuer and Title of Issue Represented               Redemption        Standard
  Principal               by Sponsor's Contracts to Purchase Bonds                 Provisions        & Poor's       Moody's
  <C>       <C> <S>                                                              <C>                 <C>           <C>
  --------------------------------------------------------------------------------------------------------------------------
  $  500,000    The Industrial Development Authority of the County of              2005 at 101          AAA           Aaa
                  Maricopa, Arizona, Baptist Hospital System Revenue
                  Refunding Bonds, Series 1995, 5.50% Due 9/1/16. (Original
                  issue discount bonds delivered on or about August 31, 1995
                  at a price of 92.392% of principal amount.)
     500,000    Navajo County, Arizona, Pollution Control Corporation,             2003 at 102          AAA           Aaa
                  Pollution Control Revenue Refunding Bonds (Arizona Public
                  Service Company), 1993 Series A, 5.875% Due 8/15/28.
     500,000    City of Phoenix, Arizona, General Obligation Refunding             2005 at 101          AAA           Aaa
                  Bonds, Series 1995A, 5.00% Due 7/1/19. (Original issue
                  discount bonds delivered on or about July 6, 1995 at a
                  price of 92.753% of principal amount.)
     500,000    City of Phoenix Civic Improvement Corporation (Arizona),           2004 at 102          AAA           Aaa
                  Wastewater System Lease Revenue Refunding Bonds, Series
                  1993, 4.75% Due 7/1/23. (Original issue discount bonds
                  delivered on or about November 4, 1993 at a price of
                  92.50% of principal amount.)
     500,000    The Industrial Development Authority of the County of Pima,        2004 at 102          AAA           Aaa
                  Arizona, Insured Refunding Revenue Bonds (Tucson Medical
                  Center), Series 1993A, 5.00% Due 4/1/15. (Original issue
                  discount bonds delivered on or about December 2, 1993 at a
                  price of 93.497% of principal amount.)
     500,000    Pima County, Arizona, Sewer Revenue Refunding Bonds, Series        2004 at 102          AAA           Aaa
                  1994A, 5.00% Due 7/1/15.
     500,000    Salt River Project Agricultural Improvement and Power              2004 at 102          AAA           Aaa
                  District, Arizona, Salt River Project Electric System
                  Refunding Revenue Bonds, 1993 Series C, 5.00% Due 1/1/16.
  ----------
  $3,500,000
  ----------
  ----------
</TABLE>
 
<PAGE>
- --------------------------------------------------------------------------------
UNIT PRICE, ESTIMATED CURRENT RETURN AND ESTIMATED LONG TERM RETURN DEPEND ON
AMOUNT PURCHASED AND PAYMENT OPTION    The sales charges/volume discounts below
apply on all concurrent purchases of any Nuveen trust units, unless any such
purchases are made by a class of investors for which a separate sales charge is
applicable as described more fully in the Prospectus. Estimated Current Return
equals net income divided by offering price. Estimated Long Term Return
represents an average of the yields to maturity (or call) of the Bonds in the
Trust adjusted to reflect a compounding factor, expenses and sales charges.
- --------------------------------------------------------------------------------
 
<TABLE>
<CAPTION>
                                                                          Estimated Current Return (2)
                                                              -----------------------------------------------------
          AMOUNT PURCHASED                         Public
- -------------------------------------  Sales      Offering          Monthly         Quarterly       Semi-Annual
     Units              Dollars        Charge     Price (1)         Payment          Payment          Payment
- ----------------  -------------------  ------    -----------     -------------    -------------    -------------
<S>               <C>                  <C>       <C>         <C>                <C>              <C>
50-499                 $5,000-$49,999   4.90 %   $     99.59          4.94%            4.97%            4.99%
500-999                 50,000-99,999   4.75           99.43          4.95             4.98             5.00
1,000-2,499           100,000-249,999   4.50           99.17          4.96             4.99             5.01
2,500-4,999           250,000-499,999   4.25           98.91          4.97             5.00             5.02
5,000-9,999           500,000-999,999   3.50           98.15          5.01             5.04             5.06
10,000-24,999     1,000,000- 2,499,999  3.00           97.64          5.04             5.07             5.09
25,000-49,999     2,500,000- 4,999,999  2.50           97.14          5.06             5.10             5.12
50,000 and over    5,000,000 and over   2.00           96.64          5.09             5.12             5.14
</TABLE>
 
- --------------------------------------------------------------------------------
 
<TABLE>
<CAPTION>
                                                                         Estimated Long Term Return (3)
                                                              -----------------------------------------------------
          AMOUNT PURCHASED                         Public
- -------------------------------------  Sales      Offering          Monthly         Quarterly       Semi-Annual
     Units              Dollars        Charge     Price (1)         Payment          Payment          Payment
- ----------------  -------------------  ------    -----------     -------------    -------------    -------------
<S>               <C>                  <C>       <C>         <C>                <C>              <C>
50-499                 $5,000-$49,999   4.90 %   $     99.59          4.99%            5.02%            5.04%
500-999                 50,000-99,999   4.75           99.43          5.00             5.03             5.05
1,000-2,499           100,000-249,999   4.50           99.17          5.02             5.05             5.07
2,500-4,999           250,000-499,999   4.25           98.91          5.04             5.07             5.09
5,000-9,999           500,000-999,999   3.50           98.15          5.10             5.13             5.15
10,000-24,999     1,000,000- 2,499,999  3.00           97.64          5.14             5.17             5.19
25,000-49,999     2,500,000- 4,999,999  2.50           97.14          5.18             5.21             5.23
50,000 and over    5,000,000 and over   2.00           96.64          5.22             5.25             5.27
</TABLE>
 
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
 
(1) As of the business day prior to the Date of Deposit. Units are offered at
    the Public Offering Price plus accrued interest.
(2) All figures as of the business day prior to Date of Deposit. The estimated
    current return for purchases made on such date will be as shown, as long as
    the portfolio size and composition remain the same.
(3) In contrast to Estimated Current Return, Estimated Long Term Return reflects
    the amortization of premium or accretion of discount, if any, on the bonds
    in the Trust's portfolio.
 
- --------------------------------------------------------------------------------
 
INTEREST DISTRIBUTIONS TO UNITHOLDERS   Unitholders may elect to have interest
distributions made on a monthly, quarterly, or semi-annual basis. Record Dates
are May 1 and November 1 for semi-annual distributions; February 1, May 1,
August 1 and November 1 for quarterly distributions; and the first of each month
for monthly distributions. Details of interest distributions per unit under the
various plans appear in the following table based upon estimated net annual
interest income at the Date of Deposit:
- --------------------------------------------------------------------------------
 
<TABLE>
<CAPTION>
                                                                                                                       Normal
                                                                                                                   Distributions
                                          1995                                  1996                                 per Year +
<S>                                     <C>            <C>            <C>            <C>            <C>            <C>
- -------------------------------------------------------------------------------------------------------------      --------------
Record Date*..........................       12/1            2/1            5/1            8/1           11/1
Distribution Date.....................      12/15           2/15           5/15           8/15          11/15
- ---------------------------------------------------------------------------------------------------------------------------------
Monthly Distribution Plan.............  $   .5873(1)                                                               $  4.9179
                                                             --------    $.4098 every month    --------
Quarterly Distribution Plan...........  $   .5873(1)   $   .8244(2)   $  1.2366      $  1.2366      $  1.2366      $  4.9499
Semi-Annual Distribution Plan.........  $   .5873(1)                  $  2.0700(3)                  $  2.4840      $  4.9689
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
 
  * Record Dates for semi-annual distributions are May 1 and November 1; for
    quarterly distributions, they are February 1, May 1, August 1 and November
    1. Record Dates for monthly distributions are the first day of each month.
    Distribution Dates under each distribution plan are the fifteenth day of the
    month in which the respective Record Date occurred.
(1) The first distribution will be paid to all Unitholders, regardless of the
    distribution plan selected. Such distribution may be more or less than a
    regular monthly distribution.
(2) The second distribution under the quarterly distribution plan represents a
    2-month distribution; subsequent quarterly distributions will be regular
    3-month distributions.
(3) The second distribution under the semi-annual distribution plan represents a
    5-month distribution; subsequent semi-annual distributions will be regular
    6-month distributions.
+ Interest for Unitholders of this series began to accrue as of the Date of
Deposit. Units purchased on the Date of Deposit will have $.07 of accrued
interest that will be added to the Public Offering Price on the Settlement Date.
After provision for expenses of the Fund, the daily rate of accrual from the
Date of Deposit to the first Record Date is $.01366 per unit per day.
Consequently, on the first Record Date (12/01/95), accrued interest will total
$0.5873 per unit for the 43-day period. All interest accrued from the Date of
Deposit to the first Record Date, less expenses, will be distributed on the
first Distribution Date to Unitholders of Record as of the first Record Date.
The first payment to all Unitholders of Record on 12/01/95 is $.5873 per unit.
After the first Record Date daily rates of accrual are:
              Monthly - $0.01366              Quarterly - $0.01374
                             Semi-Annual - $0.01380
This daily rate of accrual, and the annual distributions shown above, will
remain the same as long as the portfolio size and composition remain the same.
 
- --------------------------------------------------------------------------------
 
                                                          830
<PAGE>
- -------------------------------------------------------
 
AVERAGE PORTFOLIO LIFE   The average maturity of portfolio bonds is 23.5 years.
The first bond is scheduled to mature in April, 2015, with the last bond
maturity being August, 2028.
 
- -------------------------------------------------------
 
BONDS INSURED BY MBIA   Each bond in this Nuveen Insured series has been
insured* by the MBIA Insurance Corporation, which guarantees timely payments of
principal and interest. Premium payments have been fully paid by the Date of
Deposit.
 
- -------------------------------------------------------
 
CALL PROTECTION   Bonds are first subject to optional redemption by the issuers
in the years and at the prices shown under the Optional Redemption Provisions
column in the Schedule of Investments. Unless otherwise stated, in subsequent
years, bonds are redeemable at declining prices, but not usually below par
value. Some issues or some portions of issues may also be subject to sinking
fund redemption or extraordinary redemption without premium prior to the dates
shown.
 
- -------------------------------------------------------
 
NO CHARGE FOR REDEMPTION   The Trustee, The Chase Manhattan Bank, N.A., will
redeem units at net asset value. In addition, John Nuveen & Co. Incorporated
intends to maintain a secondary market for this Nuveen Tax-Exempt Unit Trust.
Inasmuch as all securities investments are subject to market price fluctuation,
net asset value at the time of redemption could be more or less than the initial
investment.
 
- -------------------------------------------------------
 
REINVESTMENT OPTIONS   Specify automatic reinvestment of trust income, with no
sales charge, to earn compounded dividends with Nuveen mutual funds.
 
- -------------------------------------------------------
 
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 FEDERAL
DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE BOARD OR ANY OTHER AGENCY AND
INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL.
 
- -------------------------------------------------------
 
* Insurance relates specifically to the bonds and not to the units or to the
  market value of units. Terms of the insurance are more fully described in the
  prospectus. No representation is made as to the insurer's ability to meet its
  commitments.
 
- -------------------------------------------------------
 
FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION, INCLUDING CHARGES, RISKS
AND EXPENSES, ON THIS NUVEEN TAX-EXEMPT UNIT TRUST AND ANY OTHER NUVEEN FUND,
CALL YOUR BROKER . . . OR NUVEEN AT
 
                                 1-800-257-8787
 
READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST OR SEND MONEY.
<PAGE>
NUVEEN  Tax-Exempt Unit Trusts
     NUVEEN
      FLORIDA
     INSURED
     TRUST 219
 
            Estimated Current Return
            5.04% to 5.25%
            as of 10/17/95
 
            Estimated Long Term Return
            5.08% to 5.34%
             50,000 units in a
             diversified $5,000,000
             portfolio of tax-exempt
             bonds rated "AAA"
                  Cusip:
                  6706H4 372 Monthly Payment Option
                  6706H4 380 Quarterly Payment Option
                  6706H4 398 Semi-Annual Payment Option
 
                  Registered in Florida
                    John Nuveen & Co. Incorporated
                    Investment Bankers
 
<TABLE>
<S>                           <C>
Chicago:                      Atlanta
333 W. Wacker Dr.             Austin
Chicago, Illinois 60606       Boca Raton
Telephone: 312.917.7700       Boston
                              Columbus
New York:                     Dallas/Ft. Worth
Swiss Bank Tower              Irvine
10 East 50th Street           Philadelphia
New York, New York 10022      Phoenix
Telephone: 212.207.2000       San Francisco
                              Seattle
                              Tampa
                              Washington, D.C.
</TABLE>
 
<PAGE>
- --------------------------------------------------------------------------------
 
NUVEEN TAX-EXEMPT UNIT TRUST--INSURED, FLORIDA INSURED TRUST 219
SCHEDULE OF INVESTMENTS
DATE OF DEPOSIT OCTOBER 18, 1995
- --------------------------------------------------------------------------------
 
<TABLE>
<CAPTION>
                                                                                                             Ratings
                                                                                    Optional         -----------------------
  Aggregate            Name of Issuer and Title of Issue Represented               Redemption        Standard
  Principal               by Sponsor's Contracts to Purchase Bonds                 Provisions        & Poor's       Moody's
  <C>       <C> <S>                                                              <C>                 <C>           <C>
  --------------------------------------------------------------------------------------------------------------------------
  $  750,000    State of Florida, State Board of Education, Public Education       2005 at 101          AAA           Aaa
                  Capital Outlay Refunding Bonds, 1995 Series C, 5.50% Due
                  6/1/17. (General Obligation Bonds.)
     750,000    Florida Municipal Power Agency, Stanton II Project Refunding       2003 at 100          AAA           Aaa
                  Revenue Bonds, Series 1993, 4.50% Due 10/1/27. (Original
                  issue discount bonds delivered on or about October 5, 1993
                  at a price of 88.625% of principal amount.)
     750,000    State of Florida, Department of Transportation, Turnpike           2005 at 101          AAA           Aaa
                  Revenue Bonds, Series 1995A, 5.625% Due 7/1/25.
     750,000    Dade County, Florida, Water and Sewer System Revenue Bonds,        2005 at 102          AAA           Aaa
                  Series 1995, 5.50% Due 10/1/25. (Original issue discount
                  bonds will be delivered on or about October 19, 1995 at a
                  price of 94.942% of principal amount.)(When issued.)
     750,000    City of Jacksonville, Florida, Sales Tax Revenue Bonds,            2005 at 101          AAA           Aaa
                  Series 1995 (River City Renaissance Project), 5.375% Due
                  10/1/18. (Original issue discount bonds delivered on or
                  about July 26, 1995 at a price of 94.004% of principal
                  amount.)
     500,000    Lee County, Florida, Five Cent Local Option Gas Tax Revenue        2005 at 102          AAA           Aaa
                  Bonds, Series 1995, 5.75% Due 10/1/20.
     750,000    City of Tampa, Florida, Allegany Health System Revenue             2003 at 102          AAA           Aaa
                  Bonds, St. Mary's Hospital, Inc. Issue, Series 1993,
                  5.125% Due 12/1/23. (Original issue discount bonds
                  delivered on or about January 4, 1994 at a price of
                  94.522% of principal amount.)
  ----------
  $5,000,000
  ----------
  ----------
</TABLE>
 
<PAGE>
- --------------------------------------------------------------------------------
UNIT PRICE, ESTIMATED CURRENT RETURN AND ESTIMATED LONG TERM RETURN DEPEND ON
AMOUNT PURCHASED AND PAYMENT OPTION    The sales charges/volume discounts below
apply on all concurrent purchases of any Nuveen trust units, unless any such
purchases are made by a class of investors for which a separate sales charge is
applicable as described more fully in the Prospectus. Estimated Current Return
equals net income divided by offering price. Estimated Long Term Return
represents an average of the yields to maturity (or call) of the Bonds in the
Trust adjusted to reflect a compounding factor, expenses and sales charges.
- --------------------------------------------------------------------------------
 
<TABLE>
<CAPTION>
                                                                          Estimated Current Return (2)
                                                              -----------------------------------------------------
          AMOUNT PURCHASED                         Public
- -------------------------------------  Sales      Offering          Monthly         Quarterly       Semi-Annual
     Units              Dollars        Charge     Price (1)         Payment          Payment          Payment
- ----------------  -------------------  ------    -----------     -------------    -------------    -------------
<S>               <C>                  <C>       <C>         <C>                <C>              <C>
50-499                 $5,000-$49,999   4.90 %   $    100.61          5.04%            5.07%            5.09%
500-999                 50,000-99,999   4.75          100.45          5.05             5.08             5.10
1,000-2,499           100,000-249,999   4.50          100.19          5.06             5.10             5.11
2,500-4,999           250,000-499,999   4.25           99.93          5.08             5.11             5.13
5,000-9,999           500,000-999,999   3.50           99.15          5.12             5.15             5.17
10,000-24,999     1,000,000- 2,499,999  3.00           98.64          5.14             5.18             5.19
25,000-49,999     2,500,000- 4,999,999  2.50           98.13          5.17             5.20             5.22
50,000 and over    5,000,000 and over   2.00           97.63          5.20             5.23             5.25
</TABLE>
 
- --------------------------------------------------------------------------------
 
<TABLE>
<CAPTION>
                                                                         Estimated Long Term Return (3)
                                                              -----------------------------------------------------
          AMOUNT PURCHASED                         Public
- -------------------------------------  Sales      Offering          Monthly         Quarterly       Semi-Annual
     Units              Dollars        Charge     Price (1)         Payment          Payment          Payment
- ----------------  -------------------  ------    -----------     -------------    -------------    -------------
<S>               <C>                  <C>       <C>         <C>                <C>              <C>
50-499                 $5,000-$49,999   4.90 %   $    100.61          5.08%            5.11%            5.12%
500-999                 50,000-99,999   4.75          100.45          5.08             5.11             5.13
1,000-2,499           100,000-249,999   4.50          100.19          5.10             5.13             5.15
2,500-4,999           250,000-499,999   4.25           99.93          5.12             5.15             5.17
5,000-9,999           500,000-999,999   3.50           99.15          5.18             5.21             5.23
10,000-24,999     1,000,000- 2,499,999  3.00           98.64          5.21             5.24             5.26
25,000-49,999     2,500,000- 4,999,999  2.50           98.13          5.25             5.28             5.30
50,000 and over    5,000,000 and over   2.00           97.63          5.29             5.32             5.34
</TABLE>
 
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
 
(1) As of the business day prior to the Date of Deposit. Units are offered at
    the Public Offering Price plus accrued interest.
(2) All figures as of the business day prior to Date of Deposit. The estimated
    current return for purchases made on such date will be as shown, as long as
    the portfolio size and composition remain the same.
(3) In contrast to Estimated Current Return, Estimated Long Term Return reflects
    the amortization of premium or accretion of discount, if any, on the bonds
    in the Trust's portfolio.
 
- --------------------------------------------------------------------------------
 
INTEREST DISTRIBUTIONS TO UNITHOLDERS   Unitholders may elect to have interest
distributions made on a monthly, quarterly, or semi-annual basis. Record Dates
are May 1 and November 1 for semi-annual distributions; February 1, May 1,
August 1 and November 1 for quarterly distributions; and the first of each month
for monthly distributions. Details of interest distributions per unit under the
various plans appear in the following table based upon estimated net annual
interest income at the Date of Deposit:
- --------------------------------------------------------------------------------
 
<TABLE>
<CAPTION>
                                                                                                                       Normal
                                                                                                                   Distributions
                                          1995                                  1996                                 per Year +
<S>                                     <C>            <C>            <C>            <C>            <C>            <C>
- -------------------------------------------------------------------------------------------------------------      --------------
Record Date*..........................       12/1            2/1            5/1            8/1           11/1
Distribution Date.....................      12/15           2/15           5/15           8/15          11/15
- ---------------------------------------------------------------------------------------------------------------------------------
Monthly Distribution Plan.............  $   .6058(1)                                                               $  5.0728
                                                             --------    $.4227 every month    --------
Quarterly Distribution Plan...........  $   .6058(1)   $   .8502(2)   $  1.2753      $  1.2753      $  1.2753      $  5.1048
Semi-Annual Distribution Plan.........  $   .6058(1)                  $  2.1345(3)                  $  2.5614      $  5.1238
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
 
  * Record Dates for semi-annual distributions are May 1 and November 1; for
    quarterly distributions, they are February 1, May 1, August 1 and November
    1. Record Dates for monthly distributions are the first day of each month.
    Distribution Dates under each distribution plan are the fifteenth day of the
    month in which the respective Record Date occurred.
(1) The first distribution will be paid to all Unitholders, regardless of the
    distribution plan selected. Such distribution may be more or less than a
    regular monthly distribution.
(2) The second distribution under the quarterly distribution plan represents a
    2-month distribution; subsequent quarterly distributions will be regular
    3-month distributions.
(3) The second distribution under the semi-annual distribution plan represents a
    5-month distribution; subsequent semi-annual distributions will be regular
    6-month distributions.
+ Interest for Unitholders of this series began to accrue as of the Date of
Deposit. Units purchased on the Date of Deposit will have $.07 of accrued
interest that will be added to the Public Offering Price on the Settlement Date.
After provision for expenses of the Fund, the daily rate of accrual from the
Date of Deposit to the first Record Date is $.01409 per unit per day.
Consequently, on the first Record Date (12/01/95), accrued interest will total
$0.6058 per unit for the 43-day period. All interest accrued from the Date of
Deposit to the first Record Date, less expenses, will be distributed on the
first Distribution Date to Unitholders of Record as of the first Record Date.
The first payment to all Unitholders of Record on 12/01/95 is $.6058 per unit.
After the first Record Date daily rates of accrual are:
              Monthly - $0.01409              Quarterly - $0.01417
                             Semi-Annual - $0.01423
This daily rate of accrual, and the annual distributions shown above, will
remain the same as long as the portfolio size and composition remain the same.
 
- --------------------------------------------------------------------------------
 
                                                          830
<PAGE>
- -------------------------------------------------------
 
AVERAGE PORTFOLIO LIFE   The average maturity of portfolio bonds is 27.1 years.
The first bond is scheduled to mature in June, 2017, with the last bond maturity
being October, 2027.
 
- -------------------------------------------------------
 
BONDS INSURED BY MBIA   Each bond in this Nuveen Insured series has been
insured* by the MBIA Insurance Corporation, which guarantees timely payments of
principal and interest. Premium payments have been fully paid by the Date of
Deposit.
 
- -------------------------------------------------------
 
CALL PROTECTION   Bonds are first subject to optional redemption by the issuers
in the years and at the prices shown under the Optional Redemption Provisions
column in the Schedule of Investments. Unless otherwise stated, in subsequent
years, bonds are redeemable at declining prices, but not usually below par
value. Some issues or some portions of issues may also be subject to sinking
fund redemption or extraordinary redemption without premium prior to the dates
shown.
 
- -------------------------------------------------------
 
NO CHARGE FOR REDEMPTION   The Trustee, The Chase Manhattan Bank, N.A., will
redeem units at net asset value. In addition, John Nuveen & Co. Incorporated
intends to maintain a secondary market for this Nuveen Tax-Exempt Unit Trust.
Inasmuch as all securities investments are subject to market price fluctuation,
net asset value at the time of redemption could be more or less than the initial
investment.
 
- -------------------------------------------------------
 
REINVESTMENT OPTIONS   Specify automatic reinvestment of trust income, with no
sales charge, to earn compounded dividends with Nuveen mutual funds.
 
- -------------------------------------------------------
 
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 FEDERAL
DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE BOARD OR ANY OTHER AGENCY AND
INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL.
 
- -------------------------------------------------------
 
* Insurance relates specifically to the bonds and not to the units or to the
  market value of units. Terms of the insurance are more fully described in the
  prospectus. No representation is made as to the insurer's ability to meet its
  commitments.
 
- -------------------------------------------------------
 
FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION, INCLUDING CHARGES, RISKS
AND EXPENSES, ON THIS NUVEEN TAX-EXEMPT UNIT TRUST AND ANY OTHER NUVEEN FUND,
CALL YOUR BROKER . . . OR NUVEEN AT
 
                                 1-800-257-8787
 
READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST OR SEND MONEY.


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