Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 28-February-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1527.08p    
INCLUDING current year revenue                              1546.67p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1472.83p    
INCLUDING current year revenue                              1492.43p    
The NAV includes a provision for any performance fee applicable.        
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