Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 22-August-2013       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1675.32p    
INCLUDING current year revenue                              1711.84p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1623.11p    
INCLUDING current year revenue                              1659.64p    
The NAV includes a provision for any performance fee applicable.        
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