Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 24-April-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1598.77p    
INCLUDING current year revenue                              1636.11p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1541.71p    
INCLUDING current year revenue                              1579.05p    
The NAV includes a provision for any performance fee applicable.        
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