Directors' Shareholding

Unicorn AIM VCT plc (the "Company")

4 April 2007

Directors' Shareholdings

Unicorn AIM VCT plc announces that on 4 April 2007, the following Directors
were allotted and issued new Series 3 Ordinary Shares ("S3 Shares") under the
Offer for Subscription:

Director              Number of S3 Shares      Share price       Percentage of
                                purchased                     issued S3 Shares
                                                                              
Peter Dicks                        25,750             100p               0.96%
                                                                              
Jocelin Harris                     20,600             100p               0.77%
                                                                              
David Royds                        25,750             100p               0.96%

For further information please contact:

Sarah Penfold at Matrix-Securities Limited, the Company Secretary on: 020 7925 3300.