Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 04-February-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1456.91p    
INCLUDING current year revenue                              1467.35p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1404.26p    
INCLUDING current year revenue                              1414.70p    
The NAV includes a provision for any performance fee applicable.        
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