Issue of Equity

Unicorn AIM VCT PLC
06 April 2004


Unicorn AIM VCT Plc (the 'Company')

6 April 2004

Issue of Equity

Unicorn AIM VCT Plc announces that on 5 April 2004 it allotted and issued
2,434,196 new Series 2 Ordinary Shares of 1p each under the offer for
subscription at a price of 100p.  The new shares increase the issued share
capital to 34,827,234 Ordinary Shares and 10,067,901 Series 2 Ordinary Shares.


For further information please contact:


Sarah Penfold at Matrix-Securities Limited, the Company Secretary on : 020 7292
0823.


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