Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 07-May-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1606.08p    
INCLUDING current year revenue                              1643.88p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1550.78p    
INCLUDING current year revenue                              1588.58p    
The NAV includes a provision for any performance fee applicable.        
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