Fthr re Offer for Subscriptio

Unicorn AIM VCT PLC
15 November 2001


                     Unicorn AIM VCT plc (the 'Company')


The Company announces that further to its Offer for Subscription of up to
35,000,000 Ordinary Shares of 1p each made on 2 October 2001 (the 'Offer') the
next closing date is 30 May 2002 unless the Offer is fully subscribed prior to
that date.