Unicorn AIM VCT II plc (the "Company")

7 November 2008

Net Asset Values

Unicorn AIM VCT II 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                    71.7 pence
                                               
C Ordinary 1p Share                  60.1 pence


END
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