Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 02-May-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1603.73p    
INCLUDING current year revenue                              1641.66p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1545.40p    
INCLUDING current year revenue                              1583.33p    
The NAV includes a provision for any performance fee applicable.        
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