Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 12-February-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1487.83p    
INCLUDING current year revenue                              1498.10p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1435.64p    
INCLUDING current year revenue                              1445.91p    
The NAV includes a provision for any performance fee applicable.        
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