Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 29-January-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1454.70p    
INCLUDING current year revenue                              1465.28p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1401.45p    
INCLUDING current year revenue                              1412.02p    
The NAV includes a provision for any performance fee applicable.        
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