<PAGE>
NUVEEN
NUVEEN CONNECTICUT
TRADITIONAL UNIT TRUST 278 843
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
4.71 - 4.90% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
4.66 - 4.94% - Dependable Income
DATE OF DEPOSIT: January 11, 1996 - 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 20.8 years
Call Protection Earliest ordinary optional call is 2003
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $103.27 to $100.21 depending on the purchase
amount
Cusip 67094E 824 monthly payment plan
Numbers 67094E 832 quarterly payment plan
67094E 840 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)
2011-13 42.9%
2014-16 28.6%
2017-19 0.0%
2020-22 0.0%
2023+ 28.5%
The earliest ordinary optional call date is 2003
YIELD COMPARISON AS OF 01/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 7.72%
Tax Equivalent Yield 4.71%
Treasury Bonds
Pre-Tax 6.46%
Tax Equivalent Yield 6.17%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 6.87%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 39% 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.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 12/31/95.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS 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 (1995 Series B), 5.375% Due AA- Aa
10/1/13. 2005 at 101
500,000 State of Connecticut Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Kent School Issue, Series B, 5.40% Due 7/1/23. (MBIA Insured.) 2005 at 101
500,000 State of Connecticut, Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Saint Francis Hospital and Medical Center Issue, Series C, 5.00% Due
7/1/23. (FGIC Insured.) 2003 at 102
500,000 State of Connecticut Health and Educational Facilities Authority, Revenue AAA Aaa
Bonds, Nursing Home Program Issue, Series 1994 (Saint Joseph's Living
Center Project), 4.75% Due 11/1/14. (General Obligation Bonds.) (AMBAC
Insured.) 2004 at 102
330,000 State of Connecticut, Special Tax Obligation Bonds, Transportation AAA Aaa
Infrastructure Purposes, 1993 Series C, 5.00% Due 10/1/13. (FGIC Insured.) 2003 at 101
1/2
170,000 State of Connecticut, Special Tax Obligation Bonds, Transportation AAA Aaa
Infrastructure Purposes, 1995 Series B, 5.60% Due 10/1/12. (FGIC Insured.) 2004 at 101
500,000 Town of Fairfield, Connecticut, General Obligation Bonds, 5.00% Due AAA Aaa
1/15/16. (When issued.) 2005 at 102
500,000 Town of Windham, Connecticut, General Obligation Bonds, 2005 at 102 AAA Aaa
135M-5.00% Due 12/15/11,
365M-5.00% Due 12/15/12.
(FGIC Insured.)
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 8 BONDS
</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 01/10/96.
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 $ 103.27 4.90 % 4.71% 4.66% 4.74% 4.69% 4.76% 4.71 %
500 / $50,000 103.11 4.75 4.72 4.67 4.75 4.70 4.77 4.72
1,000 / $100,000 102.84 4.50 4.73 4.69 4.76 4.72 4.78 4.74
2,500 / $250,000 102.57 4.25 4.74 4.71 4.77 4.74 4.79 4.76
5,000 / $500,000 101.77 3.50 4.78 4.77 4.81 4.80 4.83 4.82
10,000 / $1,000,000 101.25 3.00 4.80 4.81 4.83 4.84 4.85 4.86
25,000 / $2,500,000 100.73 2.50 4.83 4.85 4.86 4.88 4.88 4.90
50,000 / $5,000,000 100.21 2.00 4.85 4.89 4.88 4.92 4.90 4.94
</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
UNIT TRUST tax bracket)
RETURN 31.0% 34.0% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
4.71 % 6.83% 7.14% 7.72% 8.19%
4.72 6.84 7.15 7.74 8.21
4.73 6.86 7.17 7.75 8.23
4.74 6.87 7.18 7.77 8.24
4.78 6.93 7.24 7.84 8.31
4.80 6.96 7.27 7.87 8.35
4.83 7.00 7.32 7.92 8.40
4.85 7.03 7.35 7.95 8.43
</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
02/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 2/15/96 $ .2620
Monthly plan 3/15/96 .4050 $ 4.8629
Quarterly plan 5/15/96 1.2231
8/15/96 1.2231 4.8949
Semi-annual plan 5/15/96 1.2276
11/15/96 2.4552 4.9139
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 103.34 = 96.767
investment offering price # of units
(as of and accrued purchased
01/10/96) interest
96.767 X $4.8629 = $470.57
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NORTH CAROLINA
TRADITIONAL UNIT TRUST 294 843
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
ESTIMATED CURRENT RETURN: NUVEEN TAX-FREE UNIT TRUSTS:
4.84 - 5.04% For the tax-sensitive, conservative investor.
ESTIMATED LONG-TERM RETURN: - Double Tax-Free
4.82 - 5.10% - Dependable Income
DATE OF DEPOSIT: January 11, 1996 - 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 23.5 years
Call Protection Earliest ordinary optional call is 2003
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $102.65 to $99.61 depending on the purchase amount
Cusip 6710A2 524 monthly payment plan
Numbers 6710A2 532 quarterly payment plan
6710A2 540 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 North Carolina
</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)
2015-18 28.6%
2019-22 27.8%
2023+ 19.0%
14.3%
10.3%
The earliest ordinary optional call date is 2003
YIELD COMPARISON AS OF 01/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.20%
Tax Equivalent Yield 4.84%
Treasury Bonds
Pre-Tax 6.69%
Tax Equivalent Yield 6.17%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 6.87%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 41% FEDERAL AND STATE INCOME TAX RATE
AND A 7.75% 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.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 12/31/95.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 250,000 North Carolina Municipal Power Agency Number 1, Catawba Electric Revenue AAA Aaa
Bonds, Series 1995A, 5.375% Due 1/1/20. (AMBAC Insured.) 2006 at 102
500,000 The University of North Carolina at Charlotte, Student Activity Center AAA Aaa
Student Fee Revenue Bonds, Series 1995 of the Board of Governors of the
University of North Carolina, 5.50% Due 6/1/16. (MBIA Insured.) 2005 at 102
500,000 City of Charlotte, North Carolina, Refunding Certificates of Participation AAA Aaa
(Convention Facility Project), Series 1993C, 5.00% Due 12/1/21. (Original
issue discount bonds delivered on or about August 25, 1993 at a price of
90.737% of principal amount.)(AMBAC Insured.) 2003 at 100
250,000 City of Fayetteville, North Carolina, Public Works Commission Revenue AAA Aaa
Bonds, Series 1995A, 5.25% Due 3/1/16. (Original issue discount bonds
delivered on or about June 8, 1995 at a price of 94.558% of principal
amount.)(AMBAC Insured.) 2005 at 102
500,000 City of Greensboro, North Carolina, Combined Enterprise System Revenue AA- A1
Bonds, Series 1995A, 5.375% Due 6/1/19. 2005 at 102
500,000 County of New Hanover, North Carolina Hospital Revenue Bonds (New Hanover AAA Aaa
Regional Medical Center Project), Series 1993, 4.75% Due 10/1/23. (Original
issue discount bonds delivered on or about October 26, 1993 at a price of
92.775% of principal amount.)(AMBAC Insured.) 2003 at 102
500,000 County of Pitt, North Carolina, Pitt County Memorial Hospital Revenue AA- Aa
Bonds, Series 1995, 5.25% Due 12/1/21. (Original issue discount bonds
delivered on or about October 12, 1995 at a price of 92.008% of principal
amount.) 2005 at 102
500,000 Certificates of Participation (1995 Randolph County Projects), County of AAA Aaa
Randolph, North Carolina, 5.30% Due 6/1/15. (MBIA Insured.) 2005 at 102
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 8 BONDS
</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 01/10/96.
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 $ 102.65 4.90 % 4.84% 4.82% 4.87% 4.85% 4.89% 4.87 %
500 / $50,000 102.49 4.75 4.85 4.83 4.88 4.86 4.90 4.88
1,000 / $100,000 102.22 4.50 4.86 4.86 4.90 4.88 4.91 4.90
2,500 / $250,000 101.95 4.25 4.88 4.87 4.91 4.90 4.93 4.92
5,000 / $500,000 101.16 3.50 4.91 4.93 4.95 4.96 4.97 4.98
10,000 / $1,000,000 100.64 3.00 4.94 4.97 4.97 5.00 4.99 5.02
25,000 / $2,500,000 100.12 2.50 4.97 5.01 5.00 5.04 5.02 5.06
50,000 / $5,000,000 99.61 2.00 4.99 5.04 5.02 5.08 5.04 5.10
</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
UNIT TRUST tax bracket)
RETURN 33.0% 36.5% 41.0% 44.5%
<C> <S> <C> <C> <C> <C>
4.84 % 7.22% 7.62% 8.20% 8.72%
4.85 7.24 7.64 8.22 8.74
4.86 7.25 7.65 8.24 8.76
4.88 7.28 7.69 8.27 8.79
4.91 7.33 7.73 8.32 8.85
4.94 7.37 7.78 8.37 8.90
4.97 7.42 7.83 8.42 8.95
4.99 7.45 7.86 8.46 8.99
</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
02/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 2/15/96 $ .2762
Monthly plan 3/15/96 .4143 $ 4.9717
Quarterly plan 5/15/96 1.2501
8/15/96 1.2501 5.0037
Semi-annual plan 5/15/96 1.2555
11/15/96 2.5110 5.0227
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
01/10/96) interest
97.342 X $4.9717 = $483.96
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN CALIFORNIA
INSURED UNIT TRUST 259 843
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
4.93 - 5.14% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
4.96 - 5.23% - Diversified Portfolios
DATE OF DEPOSIT: January 11, 1996 - Top-Rated 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 $5,000,000 in 50,000 units
Average Life 27.3 years
Call Protection Earliest ordinary optional call is 2003
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.80 to $98.79 depending on the purchase amount
Cusip 67064W 465 monthly payment plan
Numbers 67064W 473 quarterly payment plan
67064W 481 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 California
</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)
2014-16 5.0%
2017-19 15.0%
2020-22 24.1%
2023-25 40.9%
2026+ 15.0%
The earliest ordinary optional call date is 2003
YIELD COMPARISON AS OF 01/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.50%
Tax Equivalent Yield 4.93%
Treasury Bonds
Pre-Tax 6.80%
Tax Equivalent Yield 6.17%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 6.87%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 42% FEDERAL AND STATE INCOME TAX RATE
AND A 9.3% 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.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 12/31/95.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 750,000 California Statewide Communities Development Authority, Certificates of 2005 at 102 AAA Aaa
Participation (Sutter Health Obligated Group), 5.50% Due 8/15/22. (Original
issue discount bonds delivered on or about July 18, 1995 at a price of
92.464% of principal amount.)
750,000 State Public Works Board of the State of California, Lease Revenue Bonds 2004 at 102 AAA Aaa
(Department of Corrections), 1993 Series E (California State Prison-Madera
County (II)), 5.50% Due 6/1/19.
750,000 City of Industry, California, General Obligation Bonds, Issue of 1995, 2005 at 102 AAA Aaa
5.875% Due 7/1/25. 1/2
750,000 Department of Water and Power of The City of Los Angeles, California, 2003 at 102 AAA Aaa
Electric Plant Refunding Revenue Bonds, Second Issue of 1993, 5.25% Due
11/15/26.
750,000 The City of Los Angeles, California, Wastewater System Revenue Bonds, 2004 at 102 AAA Aaa
Series 1994-A, 5.875% Due 6/1/24.
455,000 Sacramento, California, Municipal Utility District, Electric Revenue 2003 at 102 AAA Aaa
Refunding Bonds, 1993 Series D, 5.25% Due 11/15/20. (Original issue
discount bonds delivered on or about May 6, 1993 at a price of 93.784% of
principal amount.)
250,000 Sulphur Springs Union School District (County of Los Angeles, California), No Optional AAA Aaa
General Obligation Bonds, Election 1991, Series A, 0.00% Due 9/1/14. Call
(Original issue discount bonds delivered on or about September 18, 1991 at
a price of 20.613% of principal amount.)
545,000 Thousand Oaks Redevelopment Agency (Ventura County, California), Thousand 2005 at 102 AAA Aaa
Oaks Boulevard Redevelopment Project, 1995 Tax Allocation Refunding Bonds,
5.375% Due 12/1/25. (Original issue discount bonds delivered on or about
November 21, 1995 at a price of 94.257% of principal amount.)
----------------------------------------------------------------------------------------------------------------
$ 5,000,000 TOTAL 8 BONDS
</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 01/10/96.
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 $ 101.80 4.90 % 4.93% 4.96% 4.97% 5.00% 4.98% 5.02 %
500 / $50,000 101.64 4.75 4.94 4.97 4.97 5.01 4.99 5.03
1,000 / $100,000 101.37 4.50 4.95 4.99 4.99 5.03 5.00 5.05
2,500 / $250,000 101.11 4.25 4.97 5.00 5.00 5.04 5.02 5.06
5,000 / $500,000 100.32 3.50 5.01 5.06 5.04 5.10 5.06 5.12
10,000 / $1,000,000 99.80 3.00 5.03 5.10 5.06 5.14 5.08 5.16
25,000 / $2,500,000 99.29 2.50 5.06 5.13 5.09 5.17 5.11 5.19
50,000 / $5,000,000 98.79 2.00 5.08 5.17 5.12 5.21 5.14 5.23
</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
UNIT TRUST tax bracket)
RETURN 34.5% 37.5% 42.0% 45.0%
<C> <S> <C> <C> <C> <C>
4.93 % 7.53% 7.89% 8.50% 8.96%
4.94 7.54 7.90 8.52 8.98
4.95 7.56 7.92 8.53 9.00
4.97 7.59 7.95 8.57 9.04
5.01 7.65 8.02 8.64 9.11
5.03 7.68 8.05 8.67 9.15
5.06 7.73 8.10 8.72 9.20
5.08 7.76 8.13 8.76 9.24
</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
02/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 2/15/96 $ .2790
Monthly plan 3/15/96 .4185 $ 5.0225
Quarterly plan 5/15/96 1.2636
8/15/96 1.2636 5.0545
Semi-annual plan 5/15/96 1.2681
11/15/96 2.5362 5.0735
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.88 = 98.154
investment offering price # of units
(as of and accrued purchased
01/10/96) interest
98.154 X $5.0225 = $492.98
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN COLORADO
INSURED UNIT TRUST 62 843
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
4.71 - 4.90% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
4.72 - 4.99% - Diversified Portfolios
DATE OF DEPOSIT: January 11, 1996 - Top-Rated 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 22.3 years
Call Protection Earliest ordinary optional call is 2003
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.49 to $97.52 depending on the purchase amount
Cusip 6706E9 374 monthly payment plan
Numbers 6706E9 382 quarterly payment plan
6706E9 390 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 Colorado
</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)
2012-14 28.6%
2015-17 27.8%
2018-20 19.0%
2021-23 14.3%
2024+ 10.3%
The earliest ordinary optional call date is 2003
YIELD COMPARISON AS OF 01/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 7.72%
Tax Equivalent Yield 4.71%
Treasury Bonds
Pre-Tax 6.49%
Tax Equivalent Yield 6.17
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 6.87%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 39% FEDERAL AND STATE INCOME TAX RATE
AND A 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. THE
LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED AS OF
12/31/95.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS 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 Colorado Springs, Colorado, Utilities System Improvement and 2004 at 100 AAA Aaa
Refunding Revenue Bonds, Series 1994A, 5.125% Due 11/15/19.
525,000 City and County of Denver, Colorado, Airport System Revenue Bonds, Series 2005 at 102 AAA Aaa
1995A,
165M-5.60% Due 11/15/20,
360M-5.70% Due 11/15/25.
500,000 School District No. 1 in the City and County of Denver, and State of 2004 at 101 AAA Aaa
Colorado, General Obligation Refunding Bonds, Series 1994A, 5.125% Due
12/1/12.
500,000 City and County of Denver, Colorado, Revenue Bonds, Series 1994 (Sisters of 2003 at 102 AAA Aaa
Charity of Leavenworth Health Services Corporation), 5.00% Due 12/1/23.
(Original issue discount bonds delivered on or about February 2, 1994 at a
price of 94.00% of principal amount.)
500,000 Gunnison Watershed School District No. Re 1J, Gunnison and Saguache 2006 at 100 AAA Aaa
Counties, Colorado, General Obligation Bonds, Series 1995, 5.00% Due
12/1/15.
275,000 Park County School District No. RE-2, Park County, Colorado, General 2005 at 100 AAA Aaa
Obligation Bonds, Series 1995A, 5.20% Due 12/1/15.
500,000 Summit School District RE-1, Summit County, Colorado, General Obligation 2005 at 100 AAA Aaa
Improvement Bonds, Series 1995A, 5.70% Due 12/1/14.
200,000 City of Thornton, Colorado, General Obligation Water Refunding Capital No Optional AAA Aaa
Appreciation Bonds, Series 1991, 0.00% Due 12/1/15. (Original issue Call
discount bonds delivered on or about March 14, 1991 at a price of 18.927%
of principal amount.)
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 8 BONDS
</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 01/10/96.
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 $ 100.49 4.90 % 4.71% 4.72% 4.74% 4.75% 4.76% 4.77 %
500 / $50,000 100.34 4.75 4.72 4.72 4.75 4.75 4.77 4.77
1,000 / $100,000 100.07 4.50 4.73 4.75 4.76 4.78 4.78 4.80
2,500 / $250,000 99.81 4.25 4.74 4.76 4.77 4.79 4.79 4.81
5,000 / $500,000 99.04 3.50 4.78 4.83 4.81 4.86 4.83 4.88
10,000 / $1,000,000 98.53 3.00 4.80 4.86 4.83 4.89 4.85 4.91
25,000 / $2,500,000 98.02 2.50 4.83 4.90 4.86 4.93 4.88 4.95
50,000 / $5,000,000 97.52 2.00 4.85 4.94 4.88 4.97 4.90 4.99
</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
UNIT TRUST tax bracket)
RETURN 31.5% 34.5% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
4.71 % 6.88% 7.19% 7.72% 8.19%
4.72 6.89 7.21 7.74 8.21
4.73 6.91 7.22 7.75 8.23
4.74 6.92 7.24 7.77 8.24
4.78 6.98 7.30 7.84 8.31
4.80 7.01 7.33 7.87 8.35
4.83 7.05 7.37 7.92 8.40
4.85 7.08 7.40 7.95 8.43
</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
02/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 2/15/96 $ .2628
Monthly plan 3/15/96 .3942 $ 4.7311
Quarterly plan 5/15/96 1.1907
8/15/96 1.1907 4.7631
Semi-annual plan 5/15/96 1.1952
11/15/96 2.3904 4.7821
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.57 = 99.433
investment offering price # of units
(as of and accrued purchased
01/10/96) interest
99.433 X $4.7311 = $470.43
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
