Compliance with Model Code - Listing Rule 15.5....

Unicorn AIM VCT plc


Share Buyback Policy

The Board of Unicorn AIM VCT plc (the "Company"), in accordance with LR15.5.1
(4), announces that as a result of the publication of month end Net Asset
Values to a Regulatory Information Service, it considers that all share-price
sensitive information of which it is aware has been declared to the market. The
Company therefore intends, at the discretion of the Board, to consider making
purchases of its own shares during close periods.

In order to maximise transparency for selling shareholders, such purchases,
whether they take place during open or close periods, will normally be
transacted in close proximity to the publication of month end Net Asset Values.
The Company will not however make purchases of its own shares during any period
when the Board is aware of material, share-price sensitive information until
such information has been publicly announced.