Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 09-May-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1611.06p    
INCLUDING current year revenue                              1649.98p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1555.14p    
INCLUDING current year revenue                              1594.06p    
The NAV includes a provision for any performance fee applicable.        
---