Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 03-May-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1609.54p    
INCLUDING current year revenue                              1647.45p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1553.16p    
INCLUDING current year revenue                              1591.07p    
The NAV includes a provision for any performance fee applicable.        
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