Net Asset Value(s)

Unicorn AIM VCT plc (the "Company")

7 November 2008

Net Asset Values

Unicorn AIM VCT plc announces that the unaudited net asset values per share of
the Company as at close of business on 31 October 2008 were:

                                   At bid price
                                               
                                   (cum income)
                                               
Ordinary 1p Share                    54.6 pence
                                               
Series 2 Ordinary 1p Share           65.3 pence
                                               
Series 3 Ordinary 1p Share           70.9 pence

The above figures are stated after recognising anticipated recoverable VAT,
following acceptance by HMRC that VCTs may reclaim such VAT already paid on
past management fees.