Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 04-November-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1731.42p    
INCLUDING current year revenue                              1772.14p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1682.18p    
INCLUDING current year revenue                              1722.90p    
The NAV includes a provision for any performance fee applicable.        
---