Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 30-April-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1597.83p    
INCLUDING current year revenue                              1635.00p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1539.92p    
INCLUDING current year revenue                              1577.09p    
The NAV includes a provision for any performance fee applicable.        
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