Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 14-May-2013      
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1648.56p    
INCLUDING current year revenue                              1687.46p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1594.36p    
INCLUDING current year revenue                              1633.26p    
The NAV includes a provision for any performance fee applicable.        
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