Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 01-February-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1468.28p    
INCLUDING current year revenue                              1478.80p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1415.19p    
INCLUDING current year revenue                              1425.71p    
The NAV includes a provision for any performance fee applicable.        
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