Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 24-May-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1666.64p    
INCLUDING current year revenue                              1707.15p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1612.21p    
INCLUDING current year revenue                              1652.71p    
The NAV includes a provision for any performance fee applicable.        
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