Monthly Statistics

Keystone Investment Trust plc                         

Headline: Monthly Statistics

Fact Sheet 31July 2006

Sector Breakdown

Oil & Gas                                              4.1%               
                                                                          
Basic Materials                                        2.3%               
                                                                          
Industrials                                            12.1%              
                                                                          
Consumer Goods                                         16.8%              
                                                                          
Health Care                                            11.9%              
                                                                          
Consumer Services                                      9.6%               
                                                                          
Telecommunications                                     8.3%               
                                                                          
Utilities                                              22.6%              
                                                                          
Financials                                             10.5%              
                                                                          
Technology                                             1.8%               

Statistics

Total Gross         198.9      Dividend (p)               31.50
Assets (£m)                                                    
                                                               
Ordinary Shares:               Dividend Yield              2.9%
                                                               
- Mid Market      1,075.0      Asset Gearing*               119
Price (p)                                                      
                                                               
- Net Asset Value 1,189.3      Asset Gearing*               119
(p)                                                            
                                                               
Discount             9.6%      (excluding fixed                
                               interest securities)            

* Asset Gearing reflects the amount of loans invested in the portfolio. A
figure of 100 means that the Company has no gearing.

Top 10 Equity Holdings incl convertibles * % of Portfolio

1. BT Group                                            5.7%               
                                                                          
2. GlaxoSmithKline                                     4.8%               
                                                                          
3. Reynolds American Inc                               4.3%               
                                                                          
4. Royal Dutch Shell                                   4.1%               
                                                                          
5. Tesco                                               3.5%               
                                                                          
6. Altria                                              3.5%               
                                                                          
7. British Energy                                      3.4%               
                                                                          
8. Brit American Tobacco                               3.0%               
                                                                          
9. Imperial Tobacco                                    2.8%               
                                                                          
10. Centrica                                           2.7%               

Figures as at 31 July

* Ordinary Shares unless stated otherwise

Ordinary Share Performance

                              Since 01/01/03     1 Year     3 Years     5 Years
                                           *                                   
                                                                               
Share Price                          +139.7%     +24.6%      +89.2%      +44.3%
                                                                               
NAV                                  +115.8%     +21.1%      +85.9%      +41.2%
                                                                               
Benchmark (FTSE All Share)            +78.9%     +17.3%      +62.6%      +32.5%

* With effect from 1 January 2003 INVESCO Asset Management Limited was
appointed Investment Manager of the Company

Figures supplied by INVESCO Marketing / Datastream = Total Return

                                                                  7 August 2006