Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 01-March-2013        
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1541.67p    
INCLUDING current year revenue                              1561.27p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1487.03p    
INCLUDING current year revenue                              1506.64p    
The NAV includes a provision for any performance fee applicable.        
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