Net Asset Value(s)

Keystone Investment Trust Plc       
As at close of business on 01-July-2013     
NAV per Ordinary share (unaudited) with Debt at Par     
EXCLUDING undistributed current year revenue                1618.57p    
INCLUDING current year revenue                              1643.69p    
NAV per Ordinary share (unaudited) with Debt at Fair Value      
EXCLUDING undistributed current year revenue                1566.05p    
INCLUDING current year revenue                              1591.16p    
The NAV includes a provision for any performance fee applicable.        
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