Net Asset Value(s)

INVESCO Asset Management Limited                        

HEADLINE: Net Asset Values

It is announced that at the close of business on 11 October 2006 the unaudited
net asset values per share (AITC basis) of the following investment trust
companies managed by INVESCO Asset Management Limited are:-

                                          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   1238.71       -   1269.90       -
                                      Par                                    
                                            1188.10           1219.29        
                                  Debt at                                    
                               Fair Value                                    
                                                                             
                                 Note 3                                      
                                                                             
All the above NAVs have been calculated using the fair value (bid) prices for
the underlying investments.

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