EXHIBIT 10.12(c)

                           NUVEEN INVESTMENT TRUST II

           NOTICE OF CONTINUANCE OF INVESTMENT SUB-ADVISORY AGREEMENT

WHEREAS, Nuveen Institutional Advisory Corp., a Delaware corporation (the
"Manager ") and COLUMBUS CIRCLE INVESTORS, LLC, a Delaware limited liability
company (the "Sub-Adviser") have entered into a Sub-Advisory Agreement dated as
of December 17, 1999, as amended (the "Agreement"), pursuant to which the
Sub-Adviser furnishes investment advisory services to the various series of
Nuveen Investment Trust II; and

WHEREAS, pursuant to the terms of the Agreement, the Agreement shall continue in
force from year to year after the initial effective period of two years,
provided that such continuance is specifically approved for each Portfolio (as
defined in the Agreement) at least annually in the manner required by the
Investment Company Act of 1940 and the rules and regulations thereunder.

NOW THEREFORE, this Notice memorializes between the parties that the Board of
Trustees of Nuveen Investment Trust II, including the independent Trustees, at a
meeting called in part for the purpose of reviewing the Agreement, have approved
the continuance of the Agreement with respect to each Portfolio until August 1,
2002, in the manner required by the Investment Company Act of 1940.

Dated as of July 31, 2001

                                        NUVEEN INSTITUTIONAL
                                        ADVISORY CORP.

                                        By:_____________________________________
                                                      Vice President

ATTEST:

__________________________________
         Assistant Secretary


                                        COLUMBUS CIRCLE INVESTORS LLC

                                        By:_____________________________________
                                        Its:____________________________________

ATTEST:

__________________________________
__________________________________