Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 18-January-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1422.64p    
INCLUDING current year revenue                              1432.44p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1368.64p    
INCLUDING current year revenue                              1378.44p    
The NAV includes a provision for any performance fee applicable.        
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