Unico Chairman Files Form 4 Regarding Purchase of 10 Million Shares of Common Stock

MAGALIA, Calif.--(BUSINESS WIRE)--Sept. 30, 2004--Unico Incorporated (Arizona) (OTCBB:UNCN) today announced that Chairman of the Board and former Chief Executive Officer Ray C. Brown purchased 10,000,000 shares of Unico common stock on September 27, 2004. A Form 4, Statement of Change in Beneficial Ownership of Securities is being filed with the Securities and Exchange Commission regarding his purchase.

"My strong belief in the direction of Unico and its progress in building a valuable investment portfolio has led me to make this purchase. With the success of the recently completed exploratory drilling program at the Deer Trail Mine and the significant steps Unico has taken to maximize the potential of its subsidiaries, we expect the Company to return value to its shareholders in the future," commented Mr. Brown.

About the Company

Unico Inc. filed an N-54 election with the SEC on July 12, 2004 to become a Business Development Company, pursuant to Section 54 of the Investment Company Act of 1940. The Company's investment portfolio currently consists of three subsidiaries, the Silver Bell Mining Company, Inc., the Deer Trail Mining Company, LLC and the Bromide Basin Mining Company, LLC. The core focus of Unico is to provide the capital and management assistance necessary for its subsidiaries to return value to Unico shareholders.

Forward Looking Statements

The news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors which could materially affect the company and its operations are included on certain forms the company files with the Securities and Exchange Commission.

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Contact:

 Unico Inc.
 Andrew Beyer, 909-587-8072