Net Asset Value(s)

INVESCO Asset Management Limited                        

HEADLINE: Net Asset Value

It is announced that at the close of business 7 September 2005, the unaudited
net asset value per share (AITC basis) of the following investment trust
company managed by INVESCO Asset Management Limited is:-

                                            NAVs with Debt at Par & Fair Value 
                                                                               
Company                                     Undiluted Diluted Undiluted Diluted
                                                                               
                                              Capital Capital       Cum     Cum
                                                                               
                                                                 Income  Income
                                                                               
                                              (pence) (pence)   (pence) (pence)
                                                                               
Keystone Investment Trust plc   Debt at Par   1045.51       -   1064.44       -
Note 3                                                                         
                               Debt at Fair    988.59           1007.52        
                                      Value                                    

Note:

3. The NAVs above include a provision for performance fee, where applicable.


8 September 2005