Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 24-June-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1535.28p    
INCLUDING current year revenue                              1557.88p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1482.75p    
INCLUDING current year revenue                              1505.35p    
The NAV includes a provision for any performance fee applicable.        
---