Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 10-July-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1693.58p    
INCLUDING current year revenue                              1720.33p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1641.06p    
INCLUDING current year revenue                              1667.81p    
The NAV includes a provision for any performance fee applicable.        
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