Holding(s) in Company

TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES               

1. Identity of the issuer or the underlying issuer of  Keystone Investment     
existing shares to which voting rights are attached    Trust plc               
(ii):                                                                          
                                                                               
2. Reason for the notification                               State Yes/No      
                                                                               
An acquisition or disposal of voting rights                      Yes           
                                                                               
An acquisition or disposal of financial instruments                            
which may                                                                      
                                                                               
result in the acquisiiton of shares already issued to                          
which voting                                                                   
                                                                               
rights are attached                                                            
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):                                                        
                                                                               
3. Full name of person(s) subject to the notification  Rensburg Sheppards      
obligation (iii):                                      Investment Management   
                                                       Limited                 
                                                                               
4. Full name of shareholder(s) (if different from 3.)  N/A                     
(iv):                                                                          
                                                                               
5. Date of the transaction (and date on which the      6 January 2010          
threshold is                                                                   
                                                                               
crossed or reached if different) (v):                                          
                                                                               
6. Date on which issuer notified:                      7 January 2010          
                                                                               
7. Threshold(s) that is/are crossed or reached (vi,    14%                     
vii):                                                                          
                                                                               
8. Notified details:                                                           

A: Voting rights attached to shares (viii, ix)

Class/type   Situation previous     Resulting situation after the triggering   
of shares if  to the triggering                   transaction                  
possible         transaction                                                   
using the                                                                      
ISIN CODE                                                                      
                                                                               
             Number of Number of Number of  Number of voting     % of voting   
              Shares    Voting    shares         rights          rights (x)    
                        Rights                                                 
                                                                               
                                  Direct    Direct  Indirect   Direct  Indirect
                                                      (xii)                    
                                             (xi)                              
                                                                               
Ordinary     2,005,459 2,005,459                    2,003,939          14.99%  
shares                                                                         
                                                                               
GB0004912068                                                                   

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of           Expiration      Exercise/     Number of voting  % of voting  
financial        date (xiii)      Conversion    rights that may      rights    
instrument                       Period/Date     be acquired if                
                                    (xiv)        the instrument                
                                                 is exercised/                 
                                                   converted                   
                                                                               

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)

Resulting Situation after the triggering transaction

Type of     Exercise    Expiration  Exercise/   Number of    % of voting rights
financial   price       date (xvii)             voting       (xix, xx)         
instrument                          Conversion  rights                         
                                    period      instrument                     
                                    (xviii)     refers to                      
                                                                               
                                                             Nominal  Delta    
                                                                               

Total (A+B+C)                                                                  
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
2,003,939                               14.99%                                 

9. Chain of controlled undertakings through which the voting rights and/or the
financial

instruments are effectively held, if applicable (xxi):

Client holdings registered in the name of Nominee companies 100% owned by      
Rensburg Sheppards Investment Management Limited                               

Proxy Voting:

10. Name of the proxy holder:                      N/A                         
                                                                               
11. Number of voting rights proxy holder will      N/A                         
cease to hold:                                                                 
                                                                               
12. Date on which proxy holder will cease to hold  N/A                         
voting rights:                                                                 
                                                                               
13. Additional information:                        N/A                         
                                                                               
14. Contact name:                                  N/A                         
                                                                               
15. Contact telephone number:                      N/A                         

Annex Notification Of Major Interests In Shares (xvii)

A: Identity of the person or legal entity subject                              
to the                                                                         
                                                                               
notification obligation                                                        
                                                                               
Full name (including legal form for legal          Rensburg Sheppards          
entities)                                          Investment Management Ltd   
                                                                               
Contact address (registered office for legal       Quayside House              
entities)                                                                      
                                                   Canal Wharf                 
                                                                               
                                                   Leeds LS11 5PU              
                                                                               
Phone number and e-mail                            0113 236 4171               
                                                                               
                                                   [e-mail]       
                                                                               
Other useful information (e.g. functional          Mike Rigby                  
relationship with the person or legal entity                                   
subject to the notification obligation)            (Head of Compliance)        

B: Identity of the notifier, if applicable                                     
                                                                               
Full name                                          Kerstin Rucht               
                                                                               
Contact address                                    30 Finsbury Square, London, 
                                                                               
                                                   EC2A 1AG                    
                                                                               
Phone number                                       020 7065 4517               
                                                                               
Other useful information (eg, functional                                       
relationship with the person or legal entity                                   
subject to the notification obligation)                                        

C: Additional information



Date of Announcement:                              7 January 2010              

Notes

i. This form is to be sent to the issuer or underlying issuer and to be filed
with the competent authority.

ii. Either the full name of the legal entity or another method for identifying
the issuer or underlying issuer, provided it is reliable and accurate.

iii. This should be the full name of (a) the shareholder; (b) the person
acquiring, disposing of or exercising voting rights in the cases provided for
in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in
DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments
entitled to acquire shares already issued to which voting rights are attached,
or the direct or indirect holder of financial instruments having a similar
economic effect to qualifying financial instruments, as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the
following list is provided as indication of the persons who should be
mentioned:

- in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the
voting rights and is entitled to exercise them under the agreement and the
natural person or legal entity who is transferring temporarily for
consideration the voting rights;

- in the circumstances foreseen in DTR 5.2.1 (c), the person holding the
collateral, provided the person or entity controls the voting rights and
declares its intention of exercising them, and person lodging the collateral
under these conditions;

- in the circumstances foreseen in DTR5.2.1(d), the person who has a life
interest in shares if that person is entitled to exercise the voting rights
attached to the shares and the person who is disposing of the voting rights
when the life interest is created;

- in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and,
provided it has a notification duty at an individual level under DTR 5.1, under
DTR5.2.1 (a) to (d) or under a combination of any of those situations, the
controlled undertaking;

- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the
shares, if he can exercise the voting rights attached to the shares deposited
with him at his discretion, and the depositor of the shares allowing the
deposit taker to exercise the voting rights at his discretion;

- in the circumstances foreseen in DTR5.2.1 (g), the person that controls the
voting rights;

- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can
exercise the voting rights at his discretion, and the shareholder who has given
his proxy to the proxy holder allowing the latter to exercise the voting rights
at his discretion.

iv. Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should
be the full name of the shareholder or holder of financial instruments who is
the counterparty to the natural person or legal entity referred to in DTR5.2.

v. The date of the transaction should normally be, in the case of an on
exchange transaction, the date on which the matching of orders occurs; in the
case of an off exchange transaction, date of the entering into an agreement.

The date on which threshold is crossed should normally be the date on which the
acquisition, disposal or possibility to exercise voting rights takes effect
(see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event
took effect. [DEL::DEL]

In the case of financial instruments with a similar economic effect to
qualifying financial instruments, the date on which a threshold is reached or
crossed is the date of entering into the agreement. In the case of reaching or
crossing a threshold passively as a result of a change in a delta adjusted
holding or due to a change in the total voting rights of the issuer, the date
should be that when the delta adjustment occurs or the total voting rights
change rather than the date at which the agreement was entered into.

vi. Please refer to the situation disclosed in the previous notification. In
case the situation previous to the triggering transaction was below 3%, please
state `below 3%'.

vii. If the holding has fallen below the minimum threshold , the notifying
party should not be obliged to disclose the extent of the holding, only that
the new holding is less than 3%.

viii. Direct and indirect

ix In case of combined holdings of shares with voting rights attached `direct
holding' and voting rights `indirect holdings', please split the voting rights
number and percentage into the direct and indirect columns-if there is no
combined holdings, please leave the relevant box blank.

x If the holding has fallen below the minimum threshold, the notifying party
should not be obliged to disclose the extent of the holding, only that the new
holding is below 3%.

xi. Voting rights attached to shares in respect of which the notifying party is
a direct shareholder (DTR 5.1)

xii Voting rights held by the notifying party as an indirect shareholder (DTR
5.2.1)

xiii Date of maturity / expiration of the finical instrument i.e. the date when
the right to acquire shares ends.

xiv If the financial instrument has such a period-please specify the period-
for example once every three months starting from the [date]

xv. In case of notifying the aggregate of all voting rights deemed to be held
as a result of holdings of instruments having a similar economic effect to (but
not including) qualifying instruments on a nominal basis, please also provide
the exercise price and either expiration date, or conversion period. If
notifying on a nominal basis there is no requirement to then provide the
delta-adjusted figures as well.

xvi. In case of notifying the aggregate of all voting rights deemed to be held
as a result of holdings of instruments having a similar economic effect to (but
not including) qualifying instruments on a delta-adjusted basis, please provide
the expiration date/ conversion period as appropriate.

xvii. expiration date of the financial instrument with a similar economic
effect to a qualifying financial instrument, i.e. the date when the instrumend
is due to be settled.

xviii. If the financial instrument has a conversion/ settlement period - please
specify the period - for example once every three months starting from the
[date].

xix. Nominal and delta-adjusted basis (transitional period to run to 31
December 2009).

xx. If the holding has fallen below the minimum threshold, the notifying party
should not be obliged to disclose the extent of the holding, only that the new
holding is below 3%.

xxi. The notification should include the name(s) of the controlled undertakings
through which the voting rights are held. The notification should also include
the amount of voting rights and the percentage held, or deemed to be held, by
each controlled undertaking, insofar as individually the controlled undertaking
holds 3% or more, and insofar as the notification by the parent undertaking is
intended to cover the notification obligations of the controlled undertaking.

xxii. This annex is only to be filed with the competent authority.