Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 25-April-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1602.72p    
INCLUDING current year revenue                              1640.01p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1545.77p    
INCLUDING current year revenue                              1583.06p    
The NAV includes a provision for any performance fee applicable.        
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