Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 10-January-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1401.36p    
INCLUDING current year revenue                              1408.58p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1348.60p    
INCLUDING current year revenue                              1355.83p    
The NAV includes a provision for any performance fee applicable.        
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