Net Asset Value(s)

INVESCO Asset Management Limited                        

HEADLINE: Net Asset Value

It is announced that at the close of business 5 October 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   1052.02       -   1072.51       -
Note 3                                                                         
                               Debt at Fair    997.88           1018.37        
                                      Value                                    

Note:

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

6 October 2005