Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 30-January-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1446.81p    
INCLUDING current year revenue                              1457.37p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1394.31p    
INCLUDING current year revenue                              1404.86p    
The NAV includes a provision for any performance fee applicable.        
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