Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 27-June-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1598.37p    
INCLUDING current year revenue                              1623.59p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1545.85p    
INCLUDING current year revenue                              1571.06p    
The NAV includes a provision for any performance fee applicable.        
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