Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 22-April-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1571.92p    
INCLUDING current year revenue                              1606.50p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1514.55p    
INCLUDING current year revenue                              1549.13p    
The NAV includes a provision for any performance fee applicable.        
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