Transaction in Own Shares

Unicorn AIM VCT PLC
27 May 2004

Unicorn AIM VCT Plc

27 May 2004

Purchase of shares for cancellation

Unicorn AIM VCT Plc announces that on 27 May 2004 it purchased 40,000 Ordinary
Shares at a price of 102 pence per share for cancellation.

Following this purchase there are now 34,787,234 Ordinary Shares of 1 pence in
issue.




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