Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 28-May-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1689.07p    
INCLUDING current year revenue                              1729.46p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1635.64p    
INCLUDING current year revenue                              1676.02p    
The NAV includes a provision for any performance fee applicable.        
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