Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 21-August-2013       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1664.23p    
INCLUDING current year revenue                              1700.77p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1612.02p    
INCLUDING current year revenue                              1648.56p    
The NAV includes a provision for any performance fee applicable.        
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