Net Asset Value(s)

INVESCO Asset Management Limited                        

HEADLINE: Net Asset Value

It is announced that at the close of business 14 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   1036.76       -   1056.23       -
Note 3                                                                         
                               Debt at Fair    979.64            999.11        
                                      Value                                    

Note:

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

15 September 2005


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