Annual Information Update

Keystone Investment Trust plc                         

HEADLINE: Annual Information Update

This annual information update is required by and is being made pursuant to
Article 10 of the Prospectus Directive as implemented in the United Kingdom
(Prospectus Rule 5.2) and not for any other purpose and neither the Company,
nor any other person takes any responsibility for, or makes any representation,
express or implied, as to the accuracy or completeness of, the information
which is contains. This information is not necessarily up to date as at the
date of this annual information update and the Company does not undertake any
obligation to update any such information in the future.

The following information has been published or made available to the public
from 1 October 2005 to 30 September and since the Company's year-end on 30
September 2006 to date.

1. Regulatory News Service (`RNS') announcements

In addition to the following RNS announcements, Keystone Investment Trust plc
announces its Net Asset Value on a daily basis.

Date of Release   Announcement to Stock Exchange                 
                                                                 
2005                                                             
                                                                 
04/10/05          Top 10 Investments at 30 September 2005        
                                                                 
06/10/05          Monthly Statistics                             
                                                                 
02/11/05          Monthly Portfolio Disclosure                   
                                                                 
07/11/05          Monthly Statistics                             
                                                                 
17/11/05          Preliminary Announcement of Final Results for  
                  the year ended 30 September 2005               
                                                                 
06/12/05          Annual Information Update                      
                                                                 
06/12/05          Monthly Statistics                             
                                                                 
21/12/05          Annual General Meeting Results                 
                                                                 
2006                                                             
                                                                 
03/01/06          Top 10 Investments at 31 December 2005         
                                                                 
06/01/06          Monthly Statistics                             
                                                                 
07/02/06          Monthly Statistics                             
                                                                 
07/03/06          Monthly Statistics                             
                                                                 
04/04/06          Top 10 Investments at 31 March 2006            
                                                                 
07/04/06          Monthly Statistics                             
                                                                 
20/04/06          Notification of major interest in shares       
                                                                 
24/04/07          Notification of major interest in shares       
                                                                 
08/05/06          Monthly Statistics                             
                                                                 
17/05/06          Interim Dividend                               
                                                                 
25/05/06          Interim Results for the six months to 31 March 
                  2006                                           
                                                                 
07/06/06          Monthly Statistics                             
                                                                 
22/06/06          Notification of major interest in shares       
                                                                 
04/07/06          Top 10 Investments at 30 June 2006             
                                                                 
07/07/06          Monthly Statistics                             
                                                                 
07/08/06          Monthly Statistics                             
                                                                 
07/09/06          Monthly Statistics                             
                                                                 
03/10/06          Top 10 Investments at 30 September 2006        
                                                                 
06/10/06          Monthly Statistics                             
                                                                 
07/11/06          Monthly Statistics                             
                                                                 
14/11/06          Change in Director's Details                   
                                                                 
16/11/06          Preliminary Announcement of Final Results for  
                  the year ended 30 September 2006               
                                                                 
07/12/06          Monthly Statistics                             

All of the information listed above is available for viewing on the

London Stock Exchange RNS website and on

www.invescoperpetual.co.uk/investmenttrusts

2. Companies' House Filings

Date           Document            Document Description          
                                                                 
03/01/06       Res 10              Special Resolutions passed at 
                                   the AGM on 21 December 2005   
                                                                 
05/01/06       Mem/Arts            New adopted Articles of       
                                   Association                   
                                                                 
17/01/06       AA                  Annual Accounts for the year  
                                   ended 30 September 2005       
                                                                 
07/02/06       363s                Annual Return made up to      
                                                                 
                                   24 December 2005              
                                                                 
20/02/06       288c                Change in Director's Details  

INVESCO Asset Management Limited

30 Finsbury Square, London EC2A 1AG

Contact: Kerstin Rucht 020 7065 4517

7 December 2006