Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 16-August-2013       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1663.34p    
INCLUDING current year revenue                              1698.03p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1611.12p    
INCLUDING current year revenue                              1645.82p    
The NAV includes a provision for any performance fee applicable.        
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