Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 25-January-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1447.47p    
INCLUDING current year revenue                              1458.14p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1394.25p    
INCLUDING current year revenue                              1404.93p    
The NAV includes a provision for any performance fee applicable.        
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