Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 17-July-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1690.06p    
INCLUDING current year revenue                              1717.74p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1637.84p    
INCLUDING current year revenue                              1665.51p    
The NAV includes a provision for any performance fee applicable.        
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