Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 23-August-2013       
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1682.35p    
INCLUDING current year revenue                              1718.85p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1630.14p    
INCLUDING current year revenue                              1666.64p    
The NAV includes a provision for any performance fee applicable.        
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