<PAGE>
NUVEEN
NUVEEN NEW YORK
INSURED UNIT TRUST 245 844
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
4.90 - 5.10% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
4.96 - 5.22% - Diversified Portfolios
DATE OF DEPOSIT: January 24, 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 25.6 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $101.61 to $98.60 depending on the purchase amount
Cusip 67101K 649 monthly payment plan
Numbers 67101K 656 quarterly payment plan
67101K 664 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 New York
</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)
2011-14 7.1%
2015-18 0.0%
2019-22 50.0%
2023+ 42.9%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 01/23/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.24%
Tax Equivalent Yield 4.90%
Treasury Bonds
Pre-Tax 6.56%
Tax Equivalent Yield 6.09%
Corporate Bonds
Yield 6.87%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 40.5% FEDERAL AND STATE INCOME TAX
RATE AND A 7.125% 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 Dormitory Authority of the State of New York, University of Rochester, 2004 at 102 AAA Aaa
Strong Memorial Hospital Revenue Bonds, Series 1994, 5.50% Due 7/1/21.
(Original issue discount bonds delivered on or about March 30, 1994 at a
price of 93.746% of principal amount.)
500,000 Dormitory Authority of the State of New York, State University Educational 2004 at 100 AAA Aaa
Facilities Revenue Bonds, Series 1994B, 5.75% Due 5/15/24. (Original issue
discount bonds delivered on or about September 13, 1994 at a price of
91.125% of principal amount.)
500,000 New York Local Government Assistance Corporation (A Public Benefit 2004 at 101 AAA Aaa
Corporation of the State of New York), Series 1994A Bonds, 5.50% Due 1/2
4/1/23.
500,000 New York State Medical Care Facilities Finance Agency, Mental Health 2005 at 102 AAA Aaa
Services Facilities Improvement Revenue Bonds, 1995 Series A, 6.00% Due
2/15/25. (General Obligation Bonds.)
500,000 County of Broome, New York, Certificates of Participation (Public Safety 2004 at 102 AAA Aaa
Facility), Series 1994, 5.25% Due 4/1/22.
250,000 The City of New York (New York), General Obligation Bonds, Fiscal 1994 No Optional AAA Aaa
Series A, Subseries A-2, 0.00% Due 8/1/11. (Original issue discount bonds Call
delivered on or about August 2, 1993 at a price of 34.811% of principal
amount.)
250,000 The City of New York, New York, General Obligation Bonds, Fiscal 1996 2005 at 101 AAA Aaa
Series D, 6.00% Due 2/15/20.
500,000 New York City (New York), Municipal Water Finance Authority, Water and 2004 at 101 AAA Aaa
Sewer System Revenue Bonds, Fixed Rate Fiscal 1994 Series B, 5.50% Due
6/15/19.
----------------------------------------------------------------------------------------------------------------
$ 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 01/23/96.
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 $ 101.61 4.90 % 4.90% 4.96% 4.93% 4.99% 4.95% 5.01 %
500 / $50,000 101.45 4.75 4.90 4.97 4.94 5.00 4.95 5.02
1,000 / $100,000 101.18 4.50 4.92 4.99 4.95 5.02 4.97 5.04
2,500 / $250,000 100.92 4.25 4.93 5.01 4.96 5.04 4.98 5.06
5,000 / $500,000 100.13 3.50 4.97 5.06 5.00 5.09 5.02 5.11
10,000 / $1,000,000 99.62 3.00 4.99 5.10 5.03 5.13 5.04 5.15
25,000 / $2,500,000 99.11 2.50 5.02 5.14 5.05 5.17 5.07 5.19
50,000 / $5,000,000 98.60 2.00 5.05 5.17 5.08 5.20 5.10 5.22
</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% 36.0% 40.5% 44.0%
<C> <S> <C> <C> <C> <C>
4.90 % 7.31% 7.66% 8.24% 8.75%
4.90 7.31 7.66 8.24 8.75
4.92 7.34 7.69 8.27 8.79
4.93 7.36 7.70 8.29 8.80
4.97 7.42 7.77 8.35 8.88
4.99 7.45 7.80 8.39 8.91
5.02 7.49 7.84 8.44 8.96
5.05 7.54 7.89 8.49 9.02
</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
03/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 3/15/96 $ .5109
Monthly plan 4/15/96 .4143 $ 4.9747
Quarterly plan 5/15/96 .8340
8/15/96 1.2510 5.0067
Semi-annual plan 5/15/96 .8376
11/15/96 2.5128 5.0257
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 101.68 = 98.347
investment offering price # of units
(as of and accrued purchased
01/23/96) interest
98.347 X $4.9747 = $489.25
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN OHIO
INSURED UNIT TRUST 131 844
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
4.77 - 4.97% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
4.87 - 5.13% - Diversified Portfolios
DATE OF DEPOSIT: January 24, 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 26.6 years
Call Protection Earliest ordinary optional call is 2003
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.02 to $97.06 depending on the purchase amount
Cusip 67102G 100 monthly payment plan
Numbers 67102G 118 quarterly payment plan
67102G 126 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 Ohio
</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 7.1%
2015-17 8.4%
2018-20 0.0%
2021-23 42.9%
2024+ 41.6%
The earliest ordinary optional call date is 2003
YIELD COMPARISON AS OF 01/23/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.08%
Tax Equivalent Yield 4.77%
Treasury Bonds
Pre-Tax 6.58%
Tax Equivalent Yield 6.09%
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 7.5% 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 Ohio Air Quality Development Authority, State of Ohio, Collateralized Air 2004 at 102 AAA Aaa
Quality Development Revenue Refunding Bonds, 1994 Series B (The Cincinnati
Gas & Electric Company Project), 5.45% Due 1/1/24.
250,000 City of Cleveland, Ohio, Public Power System First Mortgage Revenue Bonds, No Optional AAA Aaa
Series 1994A, 0.00% Due 11/15/13. (Original issue discount bonds delivered Call
on or about November 22, 1994 at a price of 26.429% of principal amount.)
295,000 City of Dayton, Ohio, Airport Revenue Refunding Bonds, Series 1995 (James 2005 at 101 AAA Aaa
M. Cox Dayton International Airport), 5.25% Due 12/1/15.
500,000 County of Lucas, Ohio, Hospital Improvement and Refunding Revenue Bonds, 2003 at 102 AAA Aaa
Series 1993 (The Toledo Hospital), 5.00% Due 11/15/22. (Original issue
discount bonds delivered on or about July 29, 1993 at a price of 91.402% of
principal amount.)
500,000 County of Mahoning, Ohio, Hospital Improvement Revenue Bonds, Series 1995 2005 at 102 AAA Aaa
(Western Reserve Care System Project), 5.50% Due 10/15/25.
500,000 Marysville (Ohio), Exempted Village School District, General Obligation 2005 at 101 AAA Aaa
School Improvement Bonds, 5.75% Due 12/1/23.
455,000 The University of Toledo (A State University of Ohio), General Receipts 2004 at 102 AAA Aaa
Bonds, Series 1994, 5.35% Due 6/1/25.
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1995 (General 2005 at 101 AAA Aaa
Obligation Bonds.), 5.375% Due 7/1/22. (Original issue discount bonds 1/2
delivered on or about May 4, 1995 at a price of 93.916% 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 01/23/96.
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 $ 100.02 4.90 % 4.77% 4.87% 4.80% 4.90% 4.82% 4.92 %
500 / $50,000 99.86 4.75 4.78 4.88 4.81 4.91 4.83 4.93
1,000 / $100,000 99.60 4.50 4.79 4.90 4.82 4.93 4.84 4.95
2,500 / $250,000 99.34 4.25 4.80 4.91 4.84 4.94 4.85 4.96
5,000 / $500,000 98.57 3.50 4.84 4.97 4.87 5.00 4.89 5.02
10,000 / $1,000,000 98.06 3.00 4.87 5.00 4.90 5.03 4.92 5.05
25,000 / $2,500,000 97.56 2.50 4.89 5.04 4.92 5.07 4.94 5.09
50,000 / $5,000,000 97.06 2.00 4.92 5.08 4.95 5.11 4.97 5.13
</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 32.5% 36.0% 41.0% 44.0%
<C> <S> <C> <C> <C> <C>
4.77 % 7.07% 7.45% 8.08% 8.52%
4.78 7.08 7.47 8.10 8.54
4.79 7.10 7.48 8.12 8.55
4.80 7.11 7.50 8.14 8.57
4.84 7.17 7.56 8.20 8.64
4.87 7.21 7.61 8.25 8.70
4.89 7.24 7.64 8.29 8.73
4.92 7.29 7.69 8.34 8.79
</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
03/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 3/15/96 $ .4902
Monthly plan 4/15/96 .3975 $ 4.7714
Quarterly plan 5/15/96 .8004
8/15/96 1.2006 4.8034
Semi-annual plan 5/15/96 .8034
11/15/96 2.4102 4.8224
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.09 = 99.910
investment offering price # of units
(as of and accrued purchased
01/23/96) interest
99.910 X $4.7714 = $476.71
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN PENNSYLVANIA
INSURED UNIT TRUST 207 844
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
4.90 - 5.10% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
4.91 - 5.19% - Diversified Portfolios
DATE OF DEPOSIT: January 24, 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 24.1 years
Call Protection Earliest ordinary optional call is 2003
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.71 to $97.73 depending on the purchase amount
Cusip 6706H8 431 monthly payment plan
Numbers 6706H8 449 quarterly payment plan
6706H8 456 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 Pennsylvania
</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 49.1%
2019-22 28.6%
2023+ 22.3%
The earliest ordinary optional call date is 2003
YIELD COMPARISON AS OF 01/23/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 7.90%
Tax Equivalent Yield 4.90%
Treasury Bonds
Pre-Tax 6.27%
Tax Equivalent Yield 6.09%
Corporate Bonds
Yield 6.87%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 38% FEDERAL AND STATE INCOME TAX RATE
AND A 2.8% 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 Allegheny County Hospital Development Authority (Pennsylvania), Health 2005 at 102 AAA Aaa
Center Revenue Bonds, Series of 1995 (University of Pittsburgh Medical
Center System), 5.375% Due 12/1/25.
500,000 Bucks County Technical School Authority, Bucks County, Pennsylvania, School 2006 at 100 AAA Aaa
Revenue Bonds, Series 1995, 5.375% Due 8/15/15.
500,000 Cambria County Industrial Development Authority (Pennsylvania), Pollution 2005 at 102 AAA Aaa
Control Revenue Refunding Bonds, 1995 Series A (Pennsylvania Electric
Company Project), 5.80% Due 11/1/20.
500,000 Chester County (Pennsylvania), Health and Education Facilities Authority, 2004 at 102 AAA Aaa
Health System Revenue Bonds, Series A of 1994 (Main Line Health System),
5.50% Due 5/15/15.
500,000 City of Philadelphia, Pennsylvania, Water and Wastewater Revenue Bonds, 2005 at 102 AAA Aaa
Series 1995, 5.60% Due 8/1/18.
280,000 Pittsburgh (Pennsylvania), Water and Sewer Authority, Water and Sewer 2005 at 100 AAA Aaa
System First Lien Revenue Bonds, Series A of 1995, 5.65% Due 9/1/25.
220,000 Municipal Authority of Westmoreland County (Westmoreland County, No Optional AAA Aaa
Pennsylvania), Municipal Service Revenue Bonds, Series C of 1993, 0.00% Due Call
8/15/17. (Original issue discount bonds delivered on or about November 9,
1993 at a price of 26.295% of principal amount.)(Escrow Secured.)
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1995 (General 2005 at 101 AAA Aaa
Obligation Bonds.), 5.375% Due 7/1/22. (Original issue discount bonds 1/2
delivered on or about May 4, 1995 at a price of 93.916% 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 01/23/96.
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 $ 100.71 4.90 % 4.90% 4.91% 4.93% 4.95% 4.95% 4.97 %
500 / $50,000 100.56 4.75 4.90 4.92 4.93 4.96 4.95 4.98
1,000 / $100,000 100.29 4.50 4.92 4.94 4.95 4.98 4.97 5.00
2,500 / $250,000 100.03 4.25 4.93 4.96 4.96 4.99 4.98 5.01
5,000 / $500,000 99.25 3.50 4.97 5.02 5.00 5.06 5.02 5.07
10,000 / $1,000,000 98.74 3.00 4.99 5.05 5.03 5.09 5.04 5.11
25,000 / $2,500,000 98.24 2.50 5.02 5.09 5.05 5.13 5.07 5.15
50,000 / $5,000,000 97.73 2.00 5.04 5.13 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
UNIT TRUST tax bracket)
RETURN 30.0% 33.0% 38.0% 41.5%
<C> <S> <C> <C> <C> <C>
4.90 % 7.00% 7.31% 7.90% 8.38%
4.90 7.00 7.31 7.90 8.38
4.92 7.03 7.34 7.94 8.41
4.93 7.04 7.36 7.95 8.43
4.97 7.10 7.42 8.02 8.50
4.99 7.13 7.45 8.05 8.53
5.02 7.17 7.49 8.10 8.58
5.04 7.20 7.52 8.13 8.62
</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
03/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 3/15/96 $ .5065
Monthly plan 4/15/96 .4107 $ 4.9299
Quarterly plan 5/15/96 .8268
8/15/96 1.2402 4.9619
Semi-annual plan 5/15/96 .8298
11/15/96 2.4894 4.9809
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.78 = 99.226
investment offering price # of units
(as of and accrued purchased
01/23/96) interest
99.226 X $4.9299 = $489.17
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
