NNC Nuveen North Carolina Quality Municipal Income Fund

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that at the request of the fund’s investment adviser, Standard & Poor’s (S&P) withdrew its long-term ratings from all series of MuniTerm Preferred (MTP) shares issued by two Nuveen municipal bond closed-end funds. Fitch and Moody’s will continue to provide ratings for each of the funds.

The two funds, their prior S&P ratings, their current S&P ratings after S&P’s actions, and their current Fitch and Moody’s ratings are as follows:

                                                  Fund Name     Common     Preferred     Series     Preferred     Prior S&P     Current S&P     Current Fitch     Current Share Type CUSIP Long- Long- Long- Moody's Long- Ticker Term/Short- Term/Short- Term/Short- Term/Short-                               Term Ratings     Term Ratings     Term Ratings     Term Ratings Nuveen North Carolina Premium Income Municipal Fund NNC MTP     Series 2015     67060P308     AAA /     NR     AAA /     Aa2 / MTP     Series 2015 #1     67060P803     AAA /     NR     AAA /     Aa2 / MTP     Series 2015 #1     67060P704     AAA /     NR     AAA /     Aa2 / MTP     Series 2015     67060P605     AAA /     NR     AAA /     Aa2 /         MTP     Series 2016     67060P407     AAA /     NR     AAA /     Aa2 / Nuveen Connecticut Premium Income Municipal Fund NTC MTP     Series 2015     67060D305     AAA /     NR     AAA /     Aa2 / MTP     Series 2015 #1     67060D701     AAA /     NR     AAA /     Aa2 / MTP     Series 2015     67060D503     AAA /     NR     AAA /     Aa2 / MTP     Series 2015 #1     67060D602     AAA /     NR     AAA /     Aa2 /         MTP     Series 2016     67060D404     AAA /     NR     AAA /     Aa2 /

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments managed approximately $215 billion as of September 30, 2013. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Nuveen InvestmentsMedia Contact:Kristyna Munoz(312) 917-8343KRISTYNA.MUNOZ@NUVEEN.COM